TransferMate extends MAS payment licence

The global firm has added account issuance, domestic money transfers and e-money issuance to its Major Payment Institution licence.
TransferMate extends MAS payment licence

Ireland-headquartered TransferMate, a global provider of embedded B2B payments infrastructure as a service (IaaS), has received in-principle approval from the Monetary Authority of Singapore (MAS) to add account issuance, domestic money transfers and e-money issuance to its Major Payment Institution (MPI) licence. 

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