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Worldline Group’s subsidiary obtains ‘Major Payment Institution’ licence for Singapore

Fintech Finance

Worldline (Euronext: WLN), a global leader in payment services, announces its wholly owned subsidiary, GCS APAC, has been granted Major Payment Institution license by the Monetary Authority of Singapore (MAS). In India, Worldline has 1.5 million+ merchant touchpoints across 5000+ towns and cities.

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Singapore, Hong Kong Merchants Gain JCB Acceptance Through Nuvei

Fintech News

Nuvei, a fully licensed direct local acquirer in Singapore and Hong Kong, recently obtained a Major Payment Institution license in Singapore. The company’s modular payments platform connects clients with customers in over 200 markets, supporting 716 alternative payment methods and offering acquiring in over 50 markets.

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XTransfer and EBANX Join Forces to Support Firms Selling to Latin America With New Payment Solutions

The Fintech Times

Typical B2B payments can still take up to 14 days to be confirmed and involve up to six intermediaries, often with low visibility and high fees, according to EBANX’s annual study, Beyond Borders 2024. Together, we can offer unparalleled payment solutions that cater to the unique needs of exporters and importers in this dynamic region.”

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XTransfer and EBANX Partner to Facilitate B2B Trade Payments in Latin America

Fintech Finance

EBANX, renowned for its robust payment solutions and deep market expertise, is at the forefront of this evolution, poised to transform B2B payments in the region. Together, we can offer unparalleled payment solutions that cater to the unique needs of exporters and importers in this dynamic region.”

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TerraPay Receives MPI License from the MAS

Fintech Finance

TerraPay , a global money movement company, has been granted a Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS) —a significant milestone solidifying TerraPay’s position as a cross-border payments powerhouse.

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Nuvei Expands Partnership With JCB to Singapore and Hong Kong, Increasing Focus on APAC Region

The Fintech Times

JCB International , Japan’s international payment brand, is expanding its global partnership with Nuvei Corporation , the Canadian fintech company, to include the Asia-Pacific (APAC) region. Nuvei also explained that the development is particularly significant for its customers in the APAC region.

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Simplifying Global Money Movement with Visa Cross-Border Solutions

Fintech News

In a recent interview, Rohit Narang, Vice President for the Asia-Pacific region at Visa Cross-Border Solutions, powered by Currencycloud, shared insights into the acquisition of Currencycloud by Visa, shedding light on the evolution of their collaboration and the impact it has had on global money movement.