Singapore · Payments & e-money
Fiserv Merchant Solutions Private Limited
Fiserv Merchant Solutions Private Limited is a private company incorporated in Singapore. It was formerly named First Data Merchant Solutions Private Limited. The Monetary Authority of Singapore (MAS) has licensed it as a major payment institution under the Payment Services Act 2019 since 1 January 2023. Fiserv, Inc., a US payments and financial technology group listed on Nasdaq, describes it as one of its operating entities. It provides card, wallet and PayNow acceptance to merchants domiciled in Singapore through point-of-sale terminals, Clover devices and an online payment gateway.
Licences and registrations
Held by Fiserv Merchant Solutions Private Limited. 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| MAS Financial Institutions Directory - Major Payment InstitutionMonetary Authority of Singapore (MAS) | Major Payment InstitutionPayment Institution | Not published by the register | Singapore | Active | — | — |
|
Search the register ↗ |
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory. No LEI is matched to this entry, and BICs are linked by LEI only.
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
Firm type
Merchant acquiring and processing
Trades as Fiserv
- Standing
- The firm was formerly named First Data Merchant Solutions Private Limited. Its merchant terms of February 2026 use the new name. A Fiserv group entity list of December 2024 still used the former name.
- Ownership
- Fiserv, Inc. describes the firm as one of its operating entities in Singapore.
- Ultimate owner
- Fiserv, Inc., United States
- Head office
- 12 Marina Boulevard, #26-04 Marina Bay Financial Centre Tower 3, 018982 Singapore, Singapore (registered office: 1 Raffles Quay, #18-00, Singapore 048583)
- Company register
- ACRA UEN 200616768C
- Former name
- First Data Merchant Solutions Private Limited
Online
- Websites & references
- merchants.fiserv.com ↗
firstdata.com ↗ former First Data Singapore site
docs.firstdata.com ↗ payment gateway developer portal - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗
Sources · 6 pages consulted
- eservices.mas.gov.sg/fid/institution/detail/226545-FISERV-MERCHANT-SOLUTIONS-PRIVATE-LIMITED
- merchants.fiserv.com/content/dam/firstdata/sg/en/documents/Singapore%20MPA-With-clover-updates-20-Feb-2025.pdf
- merchants.fiserv.com/en-sg/
- merchants.fiserv.com/en-sg/resources-support/
- investors.fiserv.com/news-releases/news-release-details/fiserv-looks-support-new-payment-flows-major-payment-i
- merchants.fiserv.com/content/dam/firstdata/us/en/documents/pdf/bcr/eu/Controller_BCRs_EU_Dec_2024.pdf
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
MAS licenses the firm as a major payment institution for merchant acquisition, domestic money transfer and cross-border money transfer services. It uses a participating bank to provide PayNow services. It acquires American Express transactions under an agreement with American Express.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Monetary Authority of Singapore Singapore | Major Payment Institution (Domestic Money Transfer Service, Cross-border Money Transfer Service, Merchant Acquisition Service) | — | In its own name | Active | eservices.mas.gov.sg ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm states that it holds merchant clients' money, including reserves, in pooled trust accounts at a licensed bank in Singapore, separate from its own funds.
- Payment schemes and card networks
- Visa Access not stated merchants.fiserv.com ↗
Mastercard Access not stated merchants.fiserv.com ↗
UnionPay International Access not stated merchants.fiserv.com ↗
JCB Access not stated merchants.fiserv.com ↗
American Express Direct merchants.fiserv.com ↗
Discover Access not stated merchants.fiserv.com ↗
PayNow Through a partner merchants.fiserv.com ↗
GrabPay Access not stated merchants.fiserv.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
The firm acquires Visa, Mastercard, UnionPay International, JCB, American Express and Discover card payments for Singapore merchants. It also acquires GrabPay and PayNow payments. For other wallets such as Alipay and WeChat Pay, it only captures and authorises transactions, and third parties settle them.
Its merchant terms require client merchants to be domiciled in Singapore.
- Sells to
- Small businesses · Enterprises
- Serves customers in
- Singapore
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- Suhaib Ahmed Khanyari Key personnel (MAS register); described by Fiserv in January 2023 as General Manager, ASEAN
Recent events
Researched 29 Sep 2026 · Sources
The research found no fines, investigations, security incidents, licence changes or corporate events from the last three years.
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- BIC
- Holds no BIC in Swift’s directory
- LEI
- No LEI mapped
- Elucidate firm ID
- c055fe63a99a
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Payment Institution
- Activities
- Money remittance
- Payment services
- Card acquiring
- Licensed in
- Singapore · East Asia & Pacific
- First registered
- Not published
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
No LEI is matched to this entry, so GLEIF relationship records cannot be linked.
Addresses
- Address on the register
- 12, MARINA BOULEVARD #26-04 MARINA BAY FINANCIAL CENTRE TOWER 3 018982, Singapore, 018982
- Country
- Singapore
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address. No LEI or clearing code is mapped in the directory
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in two address lines
<FinInstnId>
<Nm>FISERV MERCHANT SOLUTIONS PRIVATE LIMITED</Nm>
<PstlAdr>
<PstCd>018982</PstCd>
<TwnNm>Singapore</TwnNm>
<Ctry>SG</Ctry>
<AdrLine>12, MARINA BOULEVARD #26-04 MARINA</AdrLine>
<AdrLine>BAY FINANCIAL CENTRE TOWER 3 018982</AdrLine>
</PstlAdr>
</FinInstnId>- The address line repeats the town or postcode. Remove the repeat if your payment system rejects it.
CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- MAS Financial Institutions Directory - Major Payment Institution—Monetary Authority of Singapore (MAS) · source ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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