Our licenses enable us to provide global businesses with secure, transparent, and fully compliant cross-border payment solutions.
Below is an overview of our regulatory footprint, reflecting our commitment to the highest standards of financial integrity, transparency, and consumer protection.
Tazapay Pte Ltd. holds a Major Payment Institution (MPI) license issued under the Payment Services Act 2019, regulated by the Monetary Authority of Singapore (“MAS”).
This license authorises Tazapay to provide domestic and cross-border money transfer, merchant acquisition, account issuance, and e-money issuance.
As a license entity, Tazapay complies with MAS’s requirements on safeguarding of customer funds, anti-money laundering and countering the financing of terrorism (AML/CFT), and operational resilience.
Tazapay Canada Corp. is registered as a Money Services Business (MSB) under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, supervised by the Financial Transactions and Reports Analysis Centre of Canada (“FINTRAC”).
This registration authorises Tazapay to conduct foreign exchange dealing, fund transfers, and dealing in virtual currencies activities.
Tazapay operates in full compliance with Canada’s AML/CFT, recordkeeping, and reporting obligations established under the FINTRAC regime..
Trezza UAB is registered as a Virtual Asset Service Provider (VASP) with the Financial Crime Investigation Service (“FCIS”)of Lithuania.
This registration authorises Tazapay to conduct virtual currency exchange and custody wallet services in or from Lithuania, under the Law on the Prevention of Money Laundering and Terrorist Financing implementing the Fifth and Sixth EU Anti-Money Laundering Directives (AMLD5 and AMLD6)., in accordance with EU AMLD5 and AMLD6 directives.
Tazapay adheres to EU AML/CFT standards and applies equivalent compliance and consumer-protection measures across all virtual asset activities.
Tazapay US Corp. is registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (“FinCEN”) of the U.S. Department of the Treasury.
This registration authorises Tazapay to provide money transmission and related financial services under the Bank Secrecy Act (BSA) and its implementing regulations.
Tazapay’sU.S. compliance framework meets FinCEN’s standards for customer due diligence, transaction monitoring, and regulatory reporting.
Tazapay Pty Ltd is registered as a Remittance Service Provider with the Australian Transaction Reports and Analysis Centre (“AUSTRAC”) under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
This registration authorises Tazapay to provide domestic and international money transfer services.
Tazapay complies with Australia’s AML/CFT obligations, including customer identification, transaction monitoring, and reporting to AUSTRAC.
Tazapay Canada Corp. operates under the Rupee Drawing Arrangement (“RDA”) framework regulated by the Reserve Bank of India (“RBI”).
The RDA enables Non-Resident Indians (“NRIs”) to remit funds to India through recognised foreign agents. Under this arrangement, Tazapay Canada Corp. acts as an overseas principal, and the remittances collected in foreign currency are processed through authorised banking channels, and the equivalent amount is credited in Indian Rupees (INR) to the beneficiary's account. This activity is governed by the Payment and Settlement Systems Act 2007 and the Money Transfer Service Scheme (“MTSS”) guidelines issued by the RBI.
