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

The licence enables SHOPLINE to offer five regulated payment services and support over 600,000 merchants with enhanced global payment and embedded financial solutions.

  • Instage Technology Pte. Ltd., a SHOPLINE subsidiary, said on Dec. 16, 2025, it obtained a Major Payment Institution licence from the Monetary Authority of Singapore, marking a key regulatory milestone for SHOPLINE Payments.
  • Headquartered in Singapore with over 2,000 employees, SHOPLINE said its global scale underpins efforts to expand partnerships and embedded finance opportunities.
  • The MPI licence specifically covers five regulated services including Account Issuance Service and E‑Money Issuance Service, and SHOPLINE Payments has implemented governance, compliance and operational frameworks plus controls to deliver secure payment services.
  • Merchants will gain broader payment and integration options as SHOPLINE's licence enables it to strengthen solutions for over 600,000 merchants worldwide and support custom integrations via SHOPLINE's open platform and APIs.
  • The licence positions SHOPLINE to develop embedded financial capabilities with multi-currency support and automated flows, building on its Hong Kong MSO, AUSTRAC registration, and Taiwan MODA listing to expand its global compliance footprint.
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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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PR Newswire broke the news in United States on Wednesday, December 17, 2025.
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