Regulatory Alerts2025-10-08
Added
Guidelines on Licensing for Payment Service Providers PS-G01
The Monetary Authority of Singapore issued these guidelines to establish eligibility criteria and application procedures for payment service providers under the Payment Services Act. The regulations apply to Standard Payment Institutions, Major Payment Institutions, and Money-changing Licensees. The document was last revised on 8 October 2025 to ensure compliance with current licensing standards.
Guidelines
Last Revised Date: 08 October 2025
Guidelines on Licensing for Payment Service Providers under the Payment Services Act.
Licensing, Authorisation and Registration
Applies to:
Standard Payment Institution
,
Major Payment Institution
,
Money-changing Licensee
View Document
Guidelines on Licensing for Payment Service Providers [PS-G01] (w.e.f 8 October 2025)
(505.2 KB)
These guidelines set out the eligibility criteria and application procedures for payment service providers under the Payment Services Act.
31 January 2025 Guidelines on Licensing for Payment Service Providers PS-G01 (Amendment) (506.8 KB)
26 August 2024 Guidelines on Licensing for Payment Service Providers PS-G01 (Amendment) (454.4 KB)
26 July 2024 Guidelines on Licensing for Payment Service Providers (PS-G01) (Amendment) (431.4 KB)