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submits a licence application under the PS Act, on the date that the application is approved or rejected by MAS, or withdrawn by the applicant.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.

   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)*

17 MEDIA PTE. LTD.   √  √     
2C2P PTE. LTD. √  √  √  √  √ 
9E9 DIGITAL ASSETS EXCHANGE PTE. LTD.          
A TECH MEDIA PTE. LTD.          
AAPLUS PTE. LTD.         √ 
AAX EXCHANGE (MALTA) LIMITED, SINGAPORE BRANCH        
ABELE INTERNATIONAL PTE. LTD.      
ACCOUNTSERVE, a registered business of Stone Forest Accountserve Pte Ltd        
ACHERON PTE. LTD.          
ACTOZ LABS PTE. LTD.          
ADYEN SINGAPORE PTE. LTD.      
AEXON (PTE.) LIMITED    
AGODA COMPANY PTE LTD √  √  √     
AI NETWORK PTE. LTD.          
AI SOFT PTE. LTD. √     
AIM SYSTEM PTE LTD    
AIRWALLET PAYMENTS PTE LTD √  √  √  √  √ 
AIRWALLEX (SINGAPORE) PTE. LTD.        
ALARICUS PRIVATE LIMITED √  √  √  √  √ 
ALCHEMY GPS SINGAPORE PTE LTD      
ALERCE HOLDING PTE LTD    
ALETA PLANET MES PTE LTD          
ALETA PLANET 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.   √     
ALLINPAY MERCHANTS SERVICES (SINGAPORE) PTE. LTD.          
ALPHABIT CONSULTING PTE. LTD.      
ALTONOMY PTE. LTD.          
AMARY PTE LTD √  √  √  √   
AMAZINGTECH PTE LTD          
AMAZON ASIA-PACIFIC HOLDINGS PTE LTD      
ANDURIL PTE. LTD.          
AOFEX INFORMATION TECHNOLOGY PTE. LTD.      
APAYLATER FINANCIALS PTE LTD        
APIFINY ASIA PTE. LTD.          
APPLE DISTRIBUTION INTERNATIONAL LIMITED        
APPLE SOUTH ASIA PTE. LTD.        
APTSYS TECHNOLOGY SOLUTIONS PTE LTD   √  √     
ARAMEX INTERNATIONAL EXCHANGE PTE LTD          
ASCAN MARKETING SERVICES PTE LTD      
ASIAPAY PAYMENT SERVICE PTE LTD          
ASPIRE FT PTE. LTD. √    √  √   
ASSOCIATED FOREIGN EXCHANGE (SINGAPORE) PTE LTD √  √       
ATLANTIC PARTNERS ASIA (SG) PTE. LTD.          
ATOME ASPIRATIONS PTE LTD          
ATOME FINANCIAL SINGAPORE PTE LTD          
ATTRACTION INTERNATIONAL FINTECH PTE LTD   √  √     
AVEPAY PTE. LTD.   √       
AXS PTE LTD   √  √     
BALSA PTE. LTD.        
BANKOGRAPH CARD PTE. LIMITED       √   
BANKOGRAPH PTE LIMITED        
BEECONOMIC SINGAPORE PTE LTD     √     
BERRYPAY PTE LTD √  √    √   
BEZ IMPEX PTE. LTD.        
BHOP CONSULTING PTE. LTD.          
BIGG CASH PTE LTD          
BIGG WORLD PTE LTD          
BIGPAY SINGAPORE PTE. LTD.      
BINANCE ASIA SERVICES PTE. LTD.          
BITCOIN EXCHANGE PTE LTD          
BITCROSS PTE. LTD.          
BITDATA DIGITAL TECH PTE LTD          
BITGO SINGAPORE PTE. LTD. √  √      √ 
BITSTAMP LIMITED          
BITTOK TECHNOLOGY PTE LTD      
BITWALLET PTE. LTD.        
BITXMI PTE. LTD.          
BIXIN TECHNOLOGY PTE. LTD.        
BLOCKCHAIN MASTERY LAB LLP      
BLOCKSCAPE TECH PTE. LTD.   √  √      √ 
BLUE CITY SOLUTIONS PTE LTD          
BMXDM TECHNOLOGY PTE. LTD. √  √     
BOKU PAYMENTS, INC.          
BRDGEPAY PTE. LTD.          
BRICK PTE. LTD.   √  √     
BROTHERS COPORATION PRIVATE LIMITED √  √  √  √  √ 
BS PAYMENT SINGAPORE PTE. LTD.          
BTSE HOLDINGS LIMITED        
BYTE POWER X SINGAPORE PTE LTD √  √  √  √  √ 
CABBAGINO PTE LTD          
CAKE PTE LTD          
CALEB AND BROWN PTE LTD          
CARDPAY PTE. LTD. √  √  √     
CARDUP PTE LTD   √  √     
CAS HOLDINGS PTE LTD          
CBIPAY PTE. LTD. √  √  √  √  √ 
CC FINANCIAL SERVICES PTE LTD        
CENTUM CONSULTING PTE LTD        
CEX.IO LTD          
CGW VENTURES PTE. LTD.      
CHANGI AIRPORT GROUP (SINGAPORE) PTE. LTD. √  √  √  √ 
CHECKOUT APAC PTE. LTD.          
CHYNGE SINGAPORE PTE. LTD.       √ 
CLEARFLOW PTE. LTD.          
CLOUD PAYMENT PTE. LTD.          
COCO WEB PTE LTD          
CODA PAYMENTS PTE. LTD. √  √  √     
COINBASE SINGAPORE PTE. LTD.          
COINCOLA SINGAPORE PTE. LTD.          
COINUT PTE. LTD.       √  √ 
COINW PTE. LTD.   √      √ 
COLD STORAGE SINGAPORE (1983) PTE LTD     √     
CRIPTHOR PTE LTD √  √  √  √  √ 
CROWN EXCHANGE PTE LTD       √ 
CUMBERLAND SG PTE. LTD.          
CURRENCIES DIRECT PTE. LTD. √      √   
CYBERDYNE TECH SERVICES PTE LTD          
CYS GLOBAL REMIT PTE LTD √         
DACXI EXCHANGE PTE LTD          
DAENERYS & CO PTE LTD         √ 
DEFIANCE PTE LTD          
DELIVERY HERO (SINGAPORE) PTE. LTD. √    √     
DEODI PTE. LTD.          
DIGIFINEX PTE LTD          
DIGINEX CAPITAL PTE LTD   √    √ 
DIGITAL TREASURES CENTER PTE. LTD. √    √  √  √ 

DIGIX HOLDINGS PTE LTD

         
DINERSPAY PTE. LTD.   √  √     
DLT PAYMENT PTE. LTD.        
DOLLAR EXCHANGE PTE LTD          
DRW SINGAPORE PTE LTD          
DS SOLUTIONS PTE. LTD. √  √  √  √  √ 
EBANX PTE. LTD.     √     
EASYBOOK PAY PTE LTD √        √   
E-BUY INFORMATION TECHNOLOGY (INTERNATIONAL) PTE. LTD.   √  √     
ECOMMPAY APAC PTE LTD     √     
E-CONCIERGE PRIVATE LIMITED   √  √     
ECXX GLOBAL PTE. LTD.          
EDGARTON MANAGEMENT PRIVATE LIMITED √  √  √  √  √ 
EKUANTIA PTE. LTD. √    √  √   
EMOOLA SINGAPORE PTE LTD √  √  √     
ENETS PTE. LTD. √     
ENETT INTERNATIONAL (SINGAPORE) PTE LTD     √  √   
ENFO GLOBAL PTE LTD √  √  √  √ 
ENTRE BIZ PTE. LTD. √  √  √  √  √ 
EUPHORIA HOLDINGS GROUP PTE LTD √  √  √  √  √ 
EXA PREMIER PTE LTD          
EXCELITY SINGAPORE PTE. LTD.          
EZ-LINK PTE LTD √    √     
EZYNET PTE LTD          
FETCH SINGAPORE PTE. LTD.          
FEU INTERNATIONAL PTE. LTD.          
FINPAY PTE LTD √  √  √  √  √ 
FINTECH DECISION PTE. LTD.          
FINX CAPITAL PTE. LTD.        
FINXFLO - FEARLESS LEGENDS PTE LTD          
FIRST DATA MERCHANT SOLUTIONS PRIVATE LIMITED   √  √     
FIRST MERCHANT PROCESSING (IRELAND) DESIGNATED ACTIVITY COMPANY   √     
FLEXM PTE. LTD. √    √  √   
FLY WING TECHNOLOGIES PTE LTD          
FLYWIRE (SINGAPORE) PTE LTD        
FOMO PAY PTE. LTD.      
FRIGATE PTE LTD  √    
FXR BUSINESS SERVICES PTE LTD      
GAMER2GAMER GLOBAL PTE LTD  √    
GATE TECHNOLOGY INCORPORATED PTE. LTD.        
GBEX HOLDINGS PTE. LTD.          
GC GLOBAL MARKETS PTE LTD          
GCOX TECHNOLOGY PTE. LTD.      
GCXPRESS COMMERCE PTE LTD          
GEMINI TRUST COMPANY, LLC √  √    √  √ 
GENESIS ASIA PACIFIC PTE LTD      
GENESIS PAYMENT SOLUTIONS PRIVATE LIMITED    √ √  √     
GENIE TECHNOLOGIES PTE LTD          
GERLIONTI PTE. LTD.        
GETZ GROUP PTE. LTD.          
GFIN SERVICE (S) PTE LTD     √     
GLOBAL COLLECT B.V.   √       
GLOBAL COLLECT SERVICES B.V.     √     
GLOBAL PAYMENTS ASIA-PACIFIC (HONG KONG HOLDING) LIMITED, SINGAPORE BRANCH      
GMT PAY PTE LTD    
GOLDFINX PTE. LTD.          
GOOGLE ASIA PACIFIC PTE. LTD.          
GOOGLE PAYMENT SINGAPORE PTE. LTD. √  √  √  √   
GPAY NETWORK(S) PTE LTD √    √     
GRABLINK PTE LTD     √     
GRAVITAS HOLDINGS (PTE.) LIMITED      
GRAVITAS INTERNATIONAL ASSOCIATES PTE LTD      
GSR MARKETS PTE. LTD.          
GT DOLLAR PTE. LTD. √  √  √  √  √ 
HAKO TECHNOLOGY PTE. LTD.          
HASHKEY HUB PTE. LTD.          
HASHKEY TECHNOLOGY SERVICES PTE. LTD.          
HELLOSENT PTE LTD          
HITPAY PAYMENT SOLUTIONS PTE LTD          
HODLNAUT PTE LTD          
HOOLAH SINGAPORE PTE LTD          
IAPP LIMITED        
IAPPS PTE LTD    
IMOOSE EXCHANGE PTE. LTD.          
INCOMLEND PTE LTD        
INDEPENDENT RESERVE SG PTE LTD  
INPAY A/S          
INTELLECT MARKET PTE LTD        
INTERNATIONAL AIR TRANSPORT ASSOCIATION, SINGAPORE BRANCH        
INTERNATIONAL EXCHANGE CO. (SINGAPORE) PTE LTD          
INTERNATIONAL REMITTANCE PTE LTD        
INTERNET SG VENTURES PTE. LTD.          
INVAPAY SINGAPORE PTE LTD          
IPAY88 (S) PTE. LTD.          
IPAYMY TECHNOLOGIES PTE LTD          
IXX DIGITAL PRIVATE LIMITED          
JST DIGITAL TRADING & TECHNOLOGY PTE. LTD.          
KANZ REMIT PTE. LTD. √    √  √   
KANZBITAQA PTE LTD   √  √     
KLAYTN PTE. LTD.          
KOIPY GLOBAL PTE LTD     √     
KOZJIN INTERNATIONAL PTE. LTD. √  √      √ 
KRYPTICAL TECHNOLOGY PTE. LTD.          
KRYPTOS-X PTE. LTD.          
KSHER SINGAPORE PTE LTD      
LAB MONETA FOUNDATION PTE LTD    
LAZADA SINGAPORE PTE. LTD.      
LEDGERX LLC      
LEGATUS GLOBAL PRIVATE LIMITED          
LIMESTONE NETWORK PTE LTD          
LINE TECH PLUS PTE. LTD.          
LINK FUTURE PTE. LTD.          
LIQUID GROUP PTE LTD  
LIQUIDITY OFFSET NETWORK PTE LTD          
LIQUIDX (SINGAPORE) PTE. LTD.        
LIQUIDX, INC        
LITTLELIVES INC. PTE LTD          
LLAMA BROTHERS SINGAPORE PTE. LTD.  
LUNO PTE. LTD.          
LYNEXCHANGE PTE. LTD.          

LYNPAY SOLUTIONS PTE. LTD.

     
LYTEPAY PTE LTD        
M1 LIMITED          
MAESH PTE. LTD.          
MANUAL-ARTS PTE. LTD.        
MARCOPAY INC. √  √  √  √   
MARINA BAY SANDS PTE LTD          
MARKET_SINGAPORE PTE LTD      
MASS EXPRESS PTE LTD      
MATCHMOVE PAY PTE LTD √  √  √  √   
MAXI SOLUTIONS PRIVATE LIMITED √  √  √  √  √ 
MAXI VAULT PRIVATE LIMITED √  √  √  √  √ 
MBOXPUMAN PTE. LTD.          
MICYLA CONSULTING PRIVATE LIMITED √  √  √  √ 
MOBILE COMMUNITY TECH PTE LTD   √  √  √   
MOBILE CREDIT PAYMENT PTE. LTD.   √  √     
MONSPACE (S) PTE LTD        
MOOLAHGO PTE LTD √      √   
MOON PAY LIMITED          
MUTUALISM GLOBAL PTE LTD          
NET MARKETING SERVICES          
NETWORK FOR ELECTRONIC TRANSFERS (SINGAPORE) PTE LTD √  √  √  √   
NEW POS NETWORK (S) PTE LTD        
NIUM PTE. LTD. √    √  √   
NOGLE (SINGAPORE) PTE. LTD.        
NOVUM FINANCIAL TECHNOLOGIES PTE LTD        
OCEANPAYMENT PTE LTD      
OFFGAMERS GLOBAL PTE LTD        
OFFSETPAY PTE LTD √  √  √  √  √ 
OFX SINGAPORE PTE. LIMITED √       
OKCOIN PTE. LTD.         √ 
OMISE PAYMENT SG PTE. LTD.   √  √     
ONCHAIN CUSTODIAN PTE LTD √  √      √ 
ONETRUST HOLDINGS PTE LTD          
OPTION GIFT PTE. LTD.       √   
OPTION POOL PTE. LTD.          
OREC PTE. LTD.       √   
OSL SG PTE LTD         √ 
OUR SPACE HOLDINGS PTE LTD     √    √ 
OZYS PTE. LTD.          
P&M CONSOLIDATED HOLDINGS PTE LIMITED     √    √ 
PAXOS GLOBAL PTE. LTD. √      √  √ 
PAY ASIA PTE. LTD.   √       
PAYCOME PTE. LTD.          
PAYLINKS PTE. LTD.     √     
PAYMENT OPTIONS PTE. LTD.   √  √     
PAYONEER HONG KONG LIMITED SINGAPORE BRANCH          
PAYPAL PTE. LTD. √  √  √     
PAYRNET PTE LTD √      √   
PAYROLLSERVE, a registered business name of Stone Forest Accountserve Pte Ltd        
PAYWARD PTE. LTD.          
PAYWHO PTE LTD √    √  √  √ 
PAYWISER PTE LTD √   
PERATERA PTE. LTD.          
PHOENIX TELECOMMUNICATIONS PTE LTD   √    √ 
PIONEX PTE LTD          
PLMP FINTECH PTE. LTD.     √    √ 
PRIMAPAY PTE. LTD. √  √  √  √ 
PRIMESTACK PTE. LTD. √  √      √ 
PUNDI X LABS. PTE. LTD.         √ 
PURE COMMERCE (S) PTE LTD     √     
QASHIER PTE LTD    √      
QCP CAPITAL PTE. LTD.          
QF PAY SINGAPORE PTE. LTD.   √  √     
QRYPT TECHNOLOGIES PTE. LTD.     √  √  √ 
QUANTUM EXTREME PTE LTD          
QUOINE PTE. LTD.          
RACE TECHNOLOGIES PTE LTD          
RAFFLES MONEY CHANGE PTE LTD          
RAPYD HOLDINGS PTE. LTD. √  √  √   
RAZER ONLINE PTE LTD √    √  √   
RAZERPAY PTE LTD √    √  √ 
RDMCHAIN PTE. LTD.          
RED DOT PAYMENT PTE LTD   √  √     
REDNOVA PTE. LTD.          
RELY PTE. LTD. √    √     
REVOLUT TECHNOLOGIES SINGAPORE PTE LTD √  √    √   
RIPPLE LABS SINGAPORE PTE. LTD.          
RUPRECHT SERVICES PTE. LTD. √    √  √   
RYDE TECHNOLOGIES PTE LTD   √  √   
SAFECHARGE PTE. LIMITED      
SAFREE PRIVATE LIMITED √  √  √  √  √ 
SAMLIT MONEYCHANGER PTE LTD        
SCASH GLOBAL PTE LTD          
SCASH TECHNOLOGIES PTE LTD          
SCIC TECHNOLOGIES PTE LTD       √   
SEAMONEY (PAYMENT) PRIVATE LIMITED          
SFOX PTE LTD    
SG EPAY PTE. LTD.      
SGI TECHNOLOGIES PTE LTD          
SHOPEE SINGAPORE PRIVATE LIMITED √    √     
SHOPEEPAY PRIVATE LIMITED √    √  √   
SHUTTLE ONE PTE LTD          
SIHU TECH PTE LTD √  √  √     
SILVERAG PTE LTD          
SINGAPORE BITGET PTE. LTD.          
SINGAPORE BOSHA TECHNOLOGY PTE LTD        
SINGAPORE E-BUSINESS PTE LTD √         
SINGAPORE HFNEX DIGITAL CONTRACT FOUNDATION PTE. LTD.     √  √ 
SINGAPORE LIFE PTE LTD √  √       
SINGAPORE POST LIMITED     √     
SINGOPAY PTE. LTD.       √   
SINOPAY SINGAPORE PTE LTD     √  √   
SISTIC.COM PTE LTD   √  √     
SKOOLY PTE LTD          
SLEEK TECH PTE LTD √         
SLIDESG PTE LTD √  √  √  √  √ 
SMARTMESH FOUNDATION PTE. LTD.          
SMARTPAY (SINGAPORE) PTE LTD     √     
SMOOVPAY PTE. LTD.          
SOCASH PTE. LTD.     √     
SOLIDUS GEAR PTE LTD √  √  √  √  √ 
SOURCED (PRIVATE LIMITED)          
SP SERVICES    √   √     
SPACETRAVEL PTE. LTD.          
SPARROW TECH PRIVATE LIMITED          
STABLE UNIVERSAL LIMITED          √  
STAE PTE. LTD. √  √    √ 
STARLINK FINANCIAL TECHNOLOGIES PTE. LTD.          
STARUNIX TECHNOLOGY PTE. LTD.          
STARZPAY PTE LTD     √  √   
STRAITS FINANCIAL SERVICES PTE. LTD.       √   
STRING GROUP PTE LTD   √  √  √ 
STRIPE PAYMENTS SINGAPORE PTE LTD   √  √     
STYL SOLUTIONS PTE LTD          
SUNPAY TECH PTE LTD   √  √  √   
SUPER-X TECH PTE LTD         √ 
TABSQUARE PTE LTD          
TAI MO SHAN LIMITED SINGAPORE BRANCH          √
TARDIGRADE TECH PTE LTD          √
TAURUS ONE PRIVATE LIMITED   √  √     
TDX SG PTE. LTD.         √ 
TELECOM EQUIPMENT PTE LTD √    √  √   
TENX PTE. LTD. √  √    √  √ 
THE ATLANTIC CONNECTION PRIVATE LIMITED √  √  √  √  √ 
TMF SINGAPORE H PTE. LTD. √       
TOKENOMY PTE LTD          
TRANSFERWISE SINGAPORE PTE LTD √      √   
TRANSIT LINK PTE LTD √    √     
TRAXX PAYMENTS PTE LTD   √  √     
TREPAY PTE LTD √  √  √  √  √ 
TRILLION PTE LTD √  √  √  √  √ 
TRIPLE A TECHNOLOGIES PTE LTD   √  √    √ 
TRUPAY PTE. LTD. √  √  √  √   
TWINGO PTE. LTD.       √   
UCARD SERVICES PTE LTD       √     
 UNION FINANCIAL SERVICES PTE. LTD.      
UNIWEB PTE LTD     √ 
UPBIT SINGAPORE PTE LTD          
UQPAY TECHNOLOGY (SG) PTE. LTD. √  √  √    √ 
UU TECHNOLOGY PTE. LTD.        
VELOX DIGITAL SINGAPORE PTE LTD √         
VGN PTE LTD   √       
VILLA GENIUS TECHNOLOGY PRIVATE LIMITED √  √  √  √  √ 
VIVO MEDIA PTE LTD √  √  √    √ 
VMORE SYSTEM PTE LTD   √  √   
WALLET ENGINE PTE LTD √  √  √   
WALLETORY PTE. LTD.   √    √   
WALLEX TECHNOLOGIES PTE LTD    √  
WALLTER PAYMENTS (SG) PRIVATE LIMITED √  √  √  √  √ 
WESTERN UNION BUSINESS SOLUTIONS (SINGAPORE) PTE LTD √  √  √     
WESTERN UNION GLOBAL NETWORK PRIVATE LIMITED √  √  √     
WIRECARD ASIA HOLDING PTE. LTD.   √     
WIRECARD SINGAPORE PTE. LTD. √  √  √    √   
WIREX PTE LTD √  √    √  √ 
WISDOM INTERNATIONAL CAPITAL PTE LTD         √ 
WLC FACILITIES SERVICES PTE. LTD.     √     
WORLD FIRST ASIA PTE LTD √  √    √   
WORLDPAY AP LTD   √  √     
WORLDPAY PTE LTD   √  √     
WOWOO X PTE. LTD.         √ 
WULIANWANG TECHNOLOGY PRIVATE LIMITED √  √  √  √  √ 
XBOURSE GLOBAL PTE LTD  
XFERS PTE LTD √  √  √     
XIN WEN PTE. LTD.          
YOU TECHNOLOGIES GROUP (SINGAPORE) PTE. LTD. √      √   
YUHUMA PTE. LTD.         √ 
YYLIFE PTE LTD     √  √   
ZB FOUNDATION PTE. LTD.          
ZENITH PEAK LIMITED         √  √ 
ZEPHRINE PRIVATE LIMITED √  √  √  √  √ 
ZHIJING SINGAPORE PTE LTD          
ZHONGGUO REMITTANCE 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.