KUALA LUMPUR, April 15 — EMQ, a global financial settlement network has significantly augmented its cross-border payment capabilities to address inefficiencies in international payments for Singapore businesses.
The company recently renewed its Major Payment Institution licence by the Monetary Authority of Singapore (MAS), empowering businesses to send and receive money between Singapore and over 80 key markets worldwide.
“With our newly renewed licence by MAS and an integrated cross-border solution, we are well poised to offer Singapore’s diverse customer base secure, seamless global access to the rapidly growing payment ecosystem,” said EMQ co-founder and chief executive officer, Max Liu.
Powered by EMQ’s global financial settlement network, start-ups, payment service providers and SMEs in Singapore are able to make and receive payments quickly and transparently to and from over 80 key global markets, as well as instant access to Singapore’s Fast and Secure Transfers network.
EMQ’s Connect API uses a scalable technology to enable efficient cross-border transactions with greater transparency and certainty, according to a statement.
With a network infrastructure spanning globally across four continents, EMQ is currently licensed in HongKong, Singapore, Indonesia and registered as a Money Service Business in Canada.
With a network infrastructure spanning globally across four continents, EMQ is currently licensed in HongKong, Singapore, Indonesia and registered as a Money Service Business in Canada.
More details at http://www.emq.com.
— BERNAMA
No comments:
Post a Comment