HitPay, a leading payment solutions provider, announced today that they are in the process of securing a Major Payment Institution (MPI) licence in Singapore.

The MPI licence will allow HitPay to provide a wider range of payment services to their customers in Singapore, including cross-border transactions and currency exchange services.

“Securing the MPI licence in Singapore is a significant milestone for HitPay and will enable us to better serve our customers in the region,” said CEO of HitPay.

HitPay has been rapidly expanding their presence in the Southeast Asia region and the MPI licence will further enhance their capabilities as a leading payment solutions provider.

With the MPI licence, HitPay will be able to offer more competitive rates and a wider range of services to their customers, further solidifying their position in the market.

Stay tuned for more updates on HitPay’s journey to secure the MPI licence in Singapore.