<ul><li>Cross-border payment firm XTransfer has received the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).</li><li>The license allows XTransfer to offer services such as account issuance, domestic and cross-border money transfers, flexible top-up options, and e-money issuance in Singapore.</li><li>XTransfer plans to roll out services aimed at simplifying international trade transactions for SMEs in Singapore, including streamlined account setup, currency exchange, and fund collection and payment services.</li><li>XTransfer, serving over 550,000 enterprise clients globally, aims to leverage Singapore's financial hub position to strengthen partnerships and help SMEs engage in global trade efficiently.</li></ul>

XTransfer Gets Green Light for Singapore Payment License

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