Singapore · Payments & e-money
Paypal Pte. Ltd.
PayPal Pte. Ltd. is a private limited company incorporated in Singapore. The Monetary Authority of Singapore (MAS) licenses it as a major payment institution under the Payment Services Act 2019. It is a subsidiary of PayPal Payment Holdings Pte. Ltd. and is ultimately owned by PayPal Holdings, Inc. of the United States. It is the contracting PayPal entity for personal and business account holders in Singapore, Japan, Israel, Malaysia and other markets, and also provides Braintree merchant processing and digital payment token services.
Licences and registrations
Held by Paypal Pte. Ltd. (LEI 549300ZO4GNVXIBGHK94). 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)Linked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Major Payment InstitutionPayment Institution | Not published by the register | Singapore | Active | — | — |
|
Search the register ↗ |
- Licences belong to the legal entity, not to a BIC.
- 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.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- PYPTSGS2XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of PYPTSGS2 marks reverse billing.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2022-12-03
- Last updated
- 2022-12-03
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
PayPal Payment Holdings Pte. Ltd.
Firm type
E-money and accounts
Trades as PayPal
- Ownership
- PayPal Holdings, Inc. owns the firm through PayPal Payment Holdings Pte. Ltd., according to the firm's GLEIF record.
- Direct parent
- PayPal Payment Holdings Pte. Ltd. ↗, Singapore
- Ultimate owner
- PayPal Holdings, Inc., United States
- Head office
- 5 Temasek Boulevard, #09-01 Suntec Tower Five, 038985 Singapore, Singapore
- Company register
- ACRA UEN 200509725E
Online
- Websites & references
- paypal.com ↗
paypal.com/sg/legalhub/paypal/home ↗ Singapore legal agreements hub
paypal.com/jp/webapps/mpp/corporate/payment-services-act ↗ Japan Payment Services Act disclosures - Official social accounts
- None found
Sources · 14 pages consulted
- eservices.mas.gov.sg/fid/institution/detail/1488-PAYPAL-PTE-LTD
- paypal.com/sg/legalhub/paypal/home
- paypal.com/il/legalhub/paypal/spsa-full?locale.x=en_IL
- paypal.com/sg/legalhub/paypal/cryptocurrencies-tnc?locale.x=en_SG
- paypal.com/sg/legalhub/paypal/useragreement-full?locale.x=en_SG
- paypal.com/sg/legalhub/braintree/bank-agreement?country.x=SG&locale.x=en_SG
- paypal.com/sg/legalhub/braintree/payment-services-agreement?country.x=SG&locale.x=en_SG
- paypal.com/jp/webapps/mpp/corporate/payment-services-act
- ichiben.or.jp/data/kinyuadr_a_3_202410.pdf
- comcom.govt.nz/case-register/case-register-entries/paypal-pte-limited/
- newsroom.paypal-corp.com/2026-03-17-PAYPAL-BRINGS-PAYPAL-USD-TO-USERS-ACROSS-70-MARKETS
- fortune.com/2026/03/17/paypal-expands-pyusd-stablecoin-access-to-68-more-countries/
- paypal.com/us/legalhub/paypal/pp-ppa-new
- paypal.com
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
MAS licenses the firm as a major payment institution for account issuance, domestic and cross-border money transfer, merchant acquisition, e-money issuance and digital payment token services. In Japan it is registered as a Type 2 funds transfer service provider and as an issuer of third-party prepaid payment instruments.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Monetary Authority of Singapore Singapore | Major Payment Institution (account issuance, domestic money transfer, cross-border money transfer, merchant acquisition, e-money issuance and digital payment token services) | — | In its own name | Active | eservices.mas.gov.sg ↗ |
| Financial Services Agency of Japan (Kanto Local Finance Bureau) Japan | Issuer of third-party type prepaid payment instruments | Kanto Local Finance Bureau No. 00705 | In its own name | Active | paypal.com ↗ |
| Financial Services Agency of Japan (Kanto Local Finance Bureau) Japan | Funds transfer service provider (Type 2 Funds Transfer Service) | 関東財務局長 第00026号 | In its own name | Active | ichiben.or.jp ↗ |
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 deposits customers' funds in commingled trust accounts in its name at a bank or other safeguarding institution in Singapore. It states that these safeguards generally do not apply to customers resident outside Singapore.
- Crypto-asset custody
- Held by a third-party custodianThe firm lets customers buy, sell, hold and transfer crypto-assets, of which PYUSD is currently the only one listed. Paxos entities hold the assets in trust accounts as its service providers.
- Crypto custodian
- Paxos Trust Company, LLC United States
- Crypto custodian
- Paxos Global Pte Ltd Singapore
- Acquirer / processor
- First Data Merchant Solutions Private Limited Singapore
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
It provides PayPal personal and business accounts, online checkout, Braintree card processing and payouts, and a crypto hub in which PYUSD is the only listed asset.
The firm provides its services from Singapore over the internet to residents of the countries listed on PayPal's Worldwide page, and availability varies by country.
- Sells to
- Consumers · Small businesses · Enterprises · Platforms and marketplaces
- Serves customers in 13 countries
- Singapore · Japan · Malaysia · Israel · New Zealand · Argentina · Gabon · Indonesia · Philippines · Thailand · Vietnam · Taiwan · South Korea
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Other
PayPal made PYUSD available in PayPal accounts in 70 markets, limited in Singapore to business account holders.
newsroom.paypal-corp.com ↗ -
Leadership
PayPal Holdings, Inc., the firm's ultimate parent, named Enrique Lores as chief executive officer.
fortune.com ↗ -
Investigation
New Zealand's Commerce Commission closed its unfair contract terms investigation with compliance advice, after PayPal agreed to amend its user agreement.
comcom.govt.nz ↗
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
Head-office record
- BIC
- PYPTSGS2XXX
- How the BIC breaks down
- PYPTBank
- SGCountry · Singapore
- S2Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300ZO4GNVXIBGHK94
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate to GLEIF on name, country and address.
- Register-entry ID
- eb1c70623e41
Profile
- Type
- Payments & e-money · CryptoPayment 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.
- Register licences
- 1 entry on 1 register
- Activities
- Money remittance
- Payment services
- Card acquiring
- E-money / stored value
- Crypto-assets
- Licensed in
- Singapore
- Website (register)
- www.paypal.com ↗
- Country · region
- Singapore · East Asia & Pacific
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
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
- Direct parent
- Paypal Payment Holdings Pte. Ltd. · Singapore5493008TDGYRVB84CI90 ↗
- Ultimate parent
- Paypal Holdings, Inc. · United States5493005X2GO78EFZ3E94 ↗
The Paypal Holdings, Inc. group has 11 institutions in the directory, in 7 countries: 6 hold a BIC and 5 do not.
Including Paypal Europe, S.A R.L et Cie, S.C.A., PayPal Hong Kong Limited, Paypal UK LTD, Paypal Canada Co., Hyperwallet Systems Australia PTY LTD.
See the Paypal Holdings, Inc. group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- SUNTEC TOWER FIVE NO.09-01 5 TEMASEK BOULEVARD SINGAPORE 038985 SINGAPORE
- Operational address
- SUNTEC TOWER FIVE 09-01 5 TEMASEK BOULEVARD SINGAPORE SINGAPORE 038985 SINGAPORE
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>PYPTSGS2XXX</BICFI>
<LEI>549300ZO4GNVXIBGHK94</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>PYPTSGS2XXX</BICFI>
<LEI>549300ZO4GNVXIBGHK94</LEI>
<Nm>PAYPAL PTE. LTD.</Nm>
<PstlAdr>
<TwnNm>SINGAPORE</TwnNm>
<Ctry>SG</Ctry>
<AdrLine>SUNTEC TOWER FIVE NO.09-01 5 TEMASEK BOULEVARD SINGAPORE 038985</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
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 →Credits for this page
- MAS Financial Institutions Directory - Major Payment Institution—Monetary Authority of Singapore (MAS) · register ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- 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.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: paypal.com (official website) · original.
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