Electronic Money Issuer (SVF) License in Singapore
Any electronic money issuer should have a license to carry out professional activities. Using our services for licensing arrangements allows you to complete the registration procedure safely and quickly to start issuing electronic money. We are pleased to offer you a full service for obtaining a license in Singapore, as we are widely experienced with rendering services in the field of payment processing and can prepare all the necessary documents and internal instructions required for the registration in a short time.
The Electronic Money Issuer's license allows:
- to provide merchant services,
- to issue electronic money,
- to open electronic wallets, mobile wallets,
- to issue prepaid cards,
- to provide other financial services
Working with us will help you to get:
- Status of Electronic Money Issuer with Singapore jurisdiction
- Ability to issue e-money throughout the world
- Consultations on doing business, providing recommendations on retaining a license
- Supporting the company’s activities after obtaining a license
Features of the SVF license in Singapore:
- Worldwide recognized jurisdiction
- The maximum daily balance on customers’ accounts is 30,000,000 SGD (≈21,000,000 USD)
- No restrictions on the e-money turnover
The company’s services pricing depends on many conditions, so a service cost is calculated in each case individually. You can find out more about cooperation terms by calling our consultants.