MAS Financial Institutions Directory
The regulator’s own public register of licensed institutions, at eservices.mas.gov.sg/fid. It is the authoritative answer to "is this provider licensed, at what tier, and for which activities" — and it is free to search, which makes taking a provider’s word for it a choice rather than a necessity.
Why it matters to a merchant
This is the check, and it takes about a minute. Search the legal entity name — not the brand — and read what the register says the institution is permitted to do. Two things regularly surface: a brand whose licensed entity has a different name, and a provider whose permissions do not include the activity they are selling. Both are worth knowing before signing rather than after.
Where this comes up
Pages on this site that deal with this in context:
Related terms
In this section: Licensing and regulation in Singapore