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SHOPLINE Poised to Secure Major Payment Institution License in Singapore
2 day ago /
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Author：小编
On September 26, 2025, SHOPLINE, a leading global provider of cross-border e-commerce website-building solutions, made an announcement. Its subsidiary, Instage Technology Pte Ltd, has been granted an In-Principle Approval (IPA) by the Monetary Authority of Singapore (MAS). With this development, SHOPLINE is now on track to obtain a Major Payment Institution (MPI) license.
In the event that the final approval is granted, SHOPLINE will gain the capability to offer five types of regulated payment services. These services encompass account opening, facilitating both local and cross-border remittances, merchant acquisition, as well as e-money issuance.
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