ShopBack to Scale up Its Payments Business as It Gets Major Payment Institution Licence

ShopBack to scale up its payments business as it gets major payment institution licence

The rewards platform also aims to strengthen its partnerships with merchants. Read more at straitstimes.com.

Curlec, ShopBack Pay join forces to support reward-driven checkout for Malaysian businesses and shoppers

Curlec by Razorpay, Malaysia’s FinTech payment gateway, has forged a strategic partnership with ShopBack, Singapore’s platform for shopping, rewards, and payments, to support reward-driven checkout for Malaysian businesses and shoppers. The duo said in a statement on Wednesday that businesses that adopt ShopBack Pay through Curlec can instantly tap into a base of over six million active users in Malaysia who are constantly seeking out deals, cas…

ShopBack Gains MAS Approval to Operate as Major Payment Institution in Singapore

ShopBack, best known for its cashback and rewards platform, has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS), marking a significant shift in its ambitions to become a full-fledged player in the payments space. The licence, granted under the Payment Services Act, allows the company to independently operate its […] The post ShopBack Gains MAS Approval to Operate as Major Payment Institution in S…

ShopBack Goes Beyond Rewards With MAS Nod for Payments License - Fintech Singapore

ShopBack, a shopping and rewards platform in Asia-Pacific, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). Issued under the Payment Services Act, the license permits ShopBack to provide regulated payment services through its payment product, ShopBack Pay. This allows ShopBack to enable merchants to accept payments and let customers pay using ShopBack Pay, all under its own licensed infrast…