Fiserv, a cost options supplier for retailers in Singapore, introduced that its native working entity has been granted a Main Cost Establishment (MPI) license by the Financial Authority of Singapore (MAS).
The license permits Fiserv to offer service provider acquisition companies in addition to home and cross-border cash switch companies.
Fiserv offers end-to-end cost acceptance options for small companies in Singapore in addition to options for giant enterprise purchasers.
The MPI license permits the continued providing of service provider buying companies in Singapore and can enable Fiserv to assist new cost flows for its purchasers together with cross-border funds switch companies and real-time account transfers.
“Fiserv has a historical past of funds innovation in Singapore, and we’re well-positioned and dedicated to increase our service provider buying enterprise within the nation and past, persevering with to assist the service provider neighborhood with sturdy and safe international funds know-how enabling domestically related cost acceptance options that meet the calls for of in the present day’s shopper,”
mentioned Suhaib Khanyari, Basic Supervisor of ASEAN at Fiserv.