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Fast and Secure Payment Solutions

Payment Service Provider

A payment service provider (PSP) offers shops online services for accepting electronic payments by a variety of payment methods including credit card, bank-based payments such as direct debit, bank transfer, and real-time bank transfer based on online banking. Typically, software as a service model and form a single payment gateway for their clients (merchants) to multiple payment methods.

There are many different types of Licenses in the Payment Service Provider category, along with that in different countries there are different names for this industry, such as Money Service operators, Payment Institutions.

The benefits of Payment Service Providers License

  • Enter the potential Payment market
  • Wide range of applications
  • Low Capital compare to other License
  • Especially suitable for the Fintech industry

Countries where we offer the Payment Service Provider License

Singapore Singapore

Financial Adviser License in Singapore

A company must hold a financial adviser (FA)’s License to conduct financial advisory services regulated under the Financial Advisers Act, unless otherwise exempted. Individuals representing licensed FAs or exempt FAs need to be appointed as representatives.
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Major Payment Institution Licence

Major Payment Institution Licence Major payment institutions are licensed and regulated under the Payment Services Act (“PS Act”) to provide payment services without being subject to the specified thresholds. The thresholds are set out in section 6(5) of the PS Act. In summary, these are
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Money Changing License

Money-changing licensees are licensed and regulated under the Payment Services Act (“PS Act”) to conduct only money-changing services i.e. the service of buying or selling foreign currency notes.
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How to Apply the Payment Service Provider License

STEP 1: License Research

Getting the right licenses and permits for your business.

STEP 2: Payment

Complete your payment in various ways.

STEP 3: Documents Preparation

Our license team will help you to list out the necessary documents from government-requirement.

STEP 4: Second Payment

Complete all application forms and verify license is issued

STEP 5: Business License Verify and Compliance

The government agency will check your records and provide additional information if necessary. Then, your License has been approved.

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FAQs

Depending on the types of licence you require, you normally need to provide your legal entity document, shareholder/director information, business plan, and some others such as finance statement audit, rental office agreement etc. Rest assured we will support you to do it all.

Depending on your business, we can support you to get any licence required from the local government. Contact to us for further details.

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Welcome to
MULTISTREAM INTERNATIONAL

We are a marketing arm for top-tier Asset Managers, Financial Brokers, CPA’s and Banking Industry Professionals with real qualifications and proven track records. We also act as a Mandate or Facilitator, introducing Real Buyers to Real Sellers and arrange contracts for the supply of a variety of commodities or sought-after goods and services between both parties in top performing industries. We provide our clients with efficient access to markets and tailored financial solutions to help manage risk and enhance overall profitability.
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Corporate One, Level 15
2 Corporate Court, Bundall 4217
Queensland, Australia
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