Entities that have notified MAS pursuant to the Payment Services (Exemption for Specified Period) Regulations 2019 ("Exemption Regulations")

The following entities have been granted an exemption from holding a licence under the Payment Services Act ("PS Act") for the specific payment services for a specified period. Please note that these entities are not licensed under the PS Act to provide the specific payment services, but are allowed to continue to provide the specific payment services.

 

The exemption will cease after the specified period; or if the entity submits a licence application under the PS Act, on the date that the application is approved or rejected by MAS, or withdrawn by the applicant.

Entities that have been providing the specific payment services before the commencement of the PS Act, but have failed to notify MAS pursuant to the Exemption Regulations will be in breach of the notification requirements under the Exemption Regulations. These entities are not licensed or exempt from holding a licence to provide the specific payment services. Such entities should contact MAS immediately.

The list of entities that are no longer exempt from holding a licence under the PS Act can be found here. Please refer to the Financial Institutions Directory for the full list of entities that are licensed by MAS, or approach the entity for more information on their exemption status.

   Specific Payment Services
Providing account issuance service Providing domestic money transfer service Providing inward cross-border money transfer service Providing merchant acquisition service

Issuing e-money where the total float held by the e-money issuer does not exceed S$30 million

Providing digital payment token service
Specified period

 12 months from commencement

(i.e. 28 January 2021)

 6 months from commencement

(i.e. 28 July 2020)*

2C2P PTE. LTD.
AAX EXCHANGE (MALTA) LIMITED, SINGAPORE BRANCH        
ACTOZ LABS PTE. LTD.          
AEXON (PTE.) LIMITED  
AIRWALLET PAYMENTS PTE LTD
AIRWALLEX (SINGAPORE) PTE. LTD.        
ALETACARD SG PTE. LTD.      
 ALIBABA.COM SINGAPORE E-COMMERCE PRIVATE LIMITED        
ALIPAY MERCHANT SERVICES PTE. LTD.    
ALIPAY SINGAPORE E-COMMERCE PRIVATE LIMITED    
ALIPAY SINGAPORE INVESTMENT HOLDING PTE. LTD.  
ALIPAY.COM CO., LTD          
ALLDEBIT PTE. LTD.      
ALPHABIT CONSULTING PTE. LTD.      
ALTONOMY PTE. LTD.          
AMARY PTE LTD  
AMAZINGTECH PTE LTD          
AMAZON ASIA-PACIFIC HOLDINGS PTE LTD      
ANDURIL PTE. LTD.          
APAYLATER FINANCIALS PTE LTD        
APIFINY ASIA PTE. LTD.          
ASCAN MARKETING SERVICES PTE LTD      
ASIAPAY PAYMENT SERVICE PTE LTD          
ASPIRE FT PTE. LTD.    
ASSOCIATED FOREIGN EXCHANGE (SINGAPORE) PTE LTD      
ATTRACTION INTERNATIONAL FINTECH PTE LTD      
BEECONOMIC SINGAPORE PTE LTD        
BERRYPAY PTE LTD    
BHOP CONSULTING PTE. LTD.          
BIGPAY SINGAPORE PTE. LTD.      
BINANCE ASIA SERVICES PTE. LTD.          
BITDATA DIGITAL TECH PTE LTD          
BITSTAMP LIMITED  
BITTOK TECHNOLOGY PTE LTD      
BLOCKCHAIN MASTERY LAB LLP      
BLOCKFORT PTE. LTD.      
BLUE CITY SOLUTIONS PTE LTD          
BMXDM TECHNOLOGY PTE. LTD.    
BSQUARED TECHNOLOGY PTE. LTD.          
BYTE POWER X SINGAPORE PTE LTD
CAKE PTE. LTD.          
CARDPAY PTE. LTD.    
CC FINANCIAL SERVICES PTE LTD      
CHANGI AIRPORT GROUP (SINGAPORE) PTE. LTD.
COCO WEB PTE LTD          
CODA PAYMENTS PTE. LTD.    
COINBASE SINGAPORE PTE. LTD.          
COINCOLA SINGAPORE PTE. LTD.          
COINUT PTE. LTD.      
COLD STORAGE SINGAPORE (1983) PTE LTD        
CROWN EXCHANGE PTE LTD      
CUMBERLAND SG PTE. LTD.          
CYBERDYNE TECH SERVICES PTE LTD          
CYS GLOBAL REMIT PTE LTD        
DACXI EXCHANGE PTE LTD          
DAENERYS & CO PTE LTD        
DELIVERY HERO (SINGAPORE) PTE. LTD.      
DEODI PTE. LTD.          
DEXSTAR SERVICES PTE. LTD.      
DIGIFINEX PTE LTD          
DIGINEX CAPITAL PTE LTD    
DIGITAL TREASURES CENTER PTE. LTD.  

DIGIX HOLDINGS PTE LTD

         
DINERSPAY PTE. LTD.      
DS SOLUTIONS PTE. LTD.
EBANX PTE. LTD.    
E-BUY INFORMATION TECHNOLOGY (INTERNATIONAL) PTE. LTD.      
ECOMMPAY APAC PTE LTD        
ECXX GLOBAL PTE. LTD.          
EDGARTON MANAGEMENT PRIVATE LIMITED
ENETS PTE. LTD.    
ENTRE BIZ PTE. LTD.
EZ-LINK PTE LTD      
 EZY NET PTE LTD          
FEU INTERNATIONAL PTE. LTD.          
FINXFLO - FEARLESS LEGENDS PTE LTD          
FINXPAY PTE. LTD.    
FIRST DATA MERCHANT SOLUTIONS PRIVATE LIMITED      
FLEXM PTE. LTD.    
FLY WING TECHNOLOGIES PTE. LTD.          
FLYWIRE (SINGAPORE) PTE LTD        
FOMO PAY PTE. LTD.       √   
FORIS DAX ASIA PTE. LTD.        
FXR BUSINESS SERVICES PTE LTD      
GAMER2GAMER GLOBAL PTE LTD    
GEMINI TRUST COMPANY, LLC  
GENESIS ASIA PACIFIC PTE. LTD.      
GENIE TECHNOLOGIES PTE LTD          
GETZ GROUP PTE. LTD.          
GLOBAL COLLECT B.V.        
GLOBAL COLLECT SERVICES B.V.        
GLOBAL PAYMENTS ASIA-PACIFIC (HONG KONG HOLDING) LIMITED, SINGAPORE BRANCH      
GOLDFINX PTE. LTD.          
GOOGLE PAYMENT SINGAPORE PTE. LTD.  
GPAY NETWORK(S) PTE LTD      
GRABLINK PTE LTD        
GRAVITAS INTERNATIONAL ASSOCIATES PTE LTD      
GSR MARKETS PTE. LTD.          
HAKO TECHNOLOGY PTE. LTD.          
HASHKEY HUB PTE. LTD.          
HASHKEY TECHNOLOGY SERVICES PTE. LTD.          
HITPAY PAYMENT SOLUTIONS PTE LTD          
HODLNAUT PTE LTD          
HOOLAH SINGAPORE PTE LTD      
IAPPS PTE. LTD.    
INDEPENDENT RESERVE SG PTE LTD  
INTELLECT MARKET PTE LTD        
INTERNATIONAL AIR TRANSPORT ASSOCIATION, SINGAPORE BRANCH        
IPAYMY TECHNOLOGIES PTE LTD          
JST DIGITAL TRADING & TECHNOLOGY PTE. LTD.          
KOIPY GLOBAL PTE LTD        
KSHER SINGAPORE PTE LTD      
LAB MONETA PTE. LTD.    
LAZADA SINGAPORE PTE. LTD.      
LEGATUS GLOBAL PRIVATE LIMITED √     √   √ 
LIONEX PTE LTD    
LIQUIDX (SINGAPORE) PTE. LTD.        
LIQUIDX, INC        
LITTLELIVES INC. PTE LTD   √       
LUNO PTE. LTD.          
MANUAL-ARTS PTE. LTD.        
MARINA BAY SANDS PTE LTD          
MASS EXPRESS PTE LTD      
MATCHMOVE PAY PTE LTD      
MOON PAY LIMITED          
NET MARKETING SERVICES          
NETWORK FOR ELECTRONIC TRANSFERS (SINGAPORE) PTE LTD  
NOVUM FINANCIAL TECHNOLOGIES PTE LTD        
OCEANPAYMENT PTE LTD      
OFFGAMERS GLOBAL PTE LTD      
OFFSETPAY PTE LTD
OKCOIN PTE. LTD.        
OMISE PAYMENT SG PTE. LTD.      
ONCHAIN CUSTODIAN PTE LTD    
 OPAL FINTECH PTE. LTD.  √       √   
OPTION GIFT PTE. LTD.        
OREC PTE. LTD.        
OSL SG PTE LTD        
PAXOS GLOBAL PTE. LTD.    
PAY ASIA PTE. LTD.        
PAYCOME PTE. LTD.          
PAYMENT OPTIONS PTE. LTD.      
PAYONEER HONG KONG LIMITED SINGAPORE BRANCH          
PAYPAL PTE. LTD.    
PAYRNET PTE LTD      
PAYWHO PTE LTD  
PIONEX PTE LTD          
PUNDI X LABS. PTE. LTD.        
QASHIER PTE LTD      
QCP CAPITAL PTE. LTD.          
QF PAY SINGAPORE PTE. LTD.      
QUANTUM XTREME PTE. LTD.          
QUOINE PTE. LTD.          
RAPYD HOLDINGS PTE. LTD.  
RAZER ONLINE PTE LTD    
RAZERPAY PTE LTD  
RDMCHAIN PTE. LTD.          
RED DOT PAYMENT PTE LTD      
RELY PTE. LTD.      
 RIO TECHNOLOGIES PTE LTD    
RIPPLE LABS SINGAPORE PTE. LTD.          
SAFECHARGE PTE. LIMITED      
SCASH GLOBAL PTE LTD          
SCASH TECHNOLOGIES PTE LTD          
SFOX PTE LTD    
SG EPAY PTE. LTD.      
SHOPEEPAY PRIVATE LIMITED    
SHUTTLE ONE PTE LTD          
SILVERAG PTE LTD          
SINGAPORE LIFE PTE LTD      
SINGAPORE POST LIMITED        
SINOPAY (SINGAPORE) PRIVATE LIMITED      
SISTIC.COM PTE LTD      
SLIDESG PTE LTD
SOLIDUS GEAR PTE LTD
SP SERVICES LIMITED    √      
SPACETRAVEL PTE. LTD.        
SPARROW TECH PRIVATE LIMITED          
STONE FOREST ACCOUNTSERVE PTE LTD     √       
STRAITS FINANCIAL SERVICES PTE. LTD.        
STRIPE PAYMENTS SINGAPORE PTE LTD      
STYL SOLUTIONS PTE LTD          
SUPER-X TECH PTE LTD        
SWD RESEARCH PRIVATE LIMITED
TABSQUARE PTE LTD          
TAI MO SHAN LIMITED SINGAPORE BRANCH          √
TAURUS ONE PRIVATE LIMITED      
TDX SG PTE. LTD.        
TENX PTE. LTD.  
THE ATLANTIC CONNECTION PRIVATE LIMITED
TIEN GOLD PTE. LTD.  
TMF SINGAPORE H PTE. LTD.      
TRANSIT LINK PTE LTD      
TRAXX PAYMENTS PTE LTD      
TRIPLE A TECHNOLOGIES PTE LTD    
UNIWEB PTE LTD    
UPBIT SINGAPORE PTE LTD          
UQPAY TECHNOLOGY (SG) PTE. LTD.  
WALLETORY PTE. LTD.      
WALLEX TECHNOLOGIES PTE LTD    
WALLTER PAYMENTS (SG) PRIVATE LIMITED
WESTERN UNION BUSINESS SOLUTIONS (SINGAPORE) PTE LTD    
WIREX PTE LTD  
WLC FACILITIES SERVICES PTE. LTD.        
WORLD FIRST ASIA PTE LTD    
WORLDPAY PTE LTD      
WULIANWANG TECHNOLOGY PRIVATE LIMITED
XFERS PTE LTD    
YYLIFE PTE LTD      
ZIPMEX PTE LTD          

* Entities that provide a combination of payment services which includes digital payment token services should submit one application for all their payment services by 28 July 2020.