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.
With this new MPI license, SHOPLINE strengthens its commitment to providing secure and reliable payment solutions for businesses operating in Southeast Asia. The MPI designation underscores the company’s robust compliance framework and operational readiness, ensuring that all aspects of payments are aligned with international standards and regulations.
This milestone marks a significant step forward for SHOPLINE as it continues to expand its offerings within the region and beyond. By obtaining this license, SHOPLINE aims to facilitate smoother transactions and foster greater trust among merchants and consumers alike, thereby driving growth in the digital commerce sector.
Commenting on the acquisition of the MPI licence, Mr. John Doe, CEO of Instage Technology Pte. Ltd., said, ‘This is a testament to our commitment to innovation and excellence. With this new license, we are poised to further support businesses across Southeast Asia in their digital transformation journeys.’
As part of its strategic expansion plans, SHOPLINE will leverage the MPI licence to introduce more advanced payment solutions that cater to diverse business needs, such as seamless integration with popular e-commerce platforms and enhanced fraud detection mechanisms. This move not only bolsters SHOPLINE’s position in the regional market but also positions it for future growth opportunities globally.
The Monetary Authority of Singapore has applauded SHOPLINE for its proactive approach to regulatory compliance, emphasizing that this licence is a crucial component in building trust among businesses and consumers. The move reflects SHOPLINE’s dedication to providing a secure and seamless payment experience, thereby contributing positively to the overall ecosystem of digital commerce in Southeast Asia.
