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SHOPLINE Received MPI Licence in Singapore, Strengthening Regional and Global Payments

On Dec. 16, 2025, Instage Technology Pte. Ltd., a SHOPLINE subsidiary, obtained a Major Payment Institution licence from the Monetary Authority of Singapore, enabling payments for over 600,000 merchants.
Building on prior accreditations, SHOPLINE highlights Hong Kong MSO, AUSTRAC registration and Taiwan MODA listings while expanding partnerships with licensed institutions worldwide.
Under the MPI licence, SHOPLINE Payments can operate Account Issuance Service, Domestic Money Transfer Service, Cross‑Border Money Transfer Service, Merchant Acquisition Service and E‑Money Issuance Service, supported by governance, compliance and operational frameworks.
The licence enables foundational infrastructure for multi‑currency capabilities, improved checkout conversion, and stronger fund security for merchants, and allows SHOPLINE to partner with global payment and financial institutions to build embedded financial solutions.
This regulatory milestone positions SHOPLINE Payments to enter regulated financial services, laying groundwork for future embedded financial solutions and future advanced financial services.

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SHOPLINE Received MPI Licence in Singapore, Strengthening Regional and Global Payments

SINGAPORE, Dec. 16, 2025 /PRNewswire/ -- Instage Technology Pte. Ltd., a subsidiary of SHOPLINE, a leading global commerce Software-as-a-Service (SaaS) platform, today announced that it has obtained the Major Payment Institution (MPI) licence issued by the Monetary Authority of Singapore…

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