Licensed and regulated in Singapore.
CVPay is operated by Fast and Safe Remittance Pte. Ltd., a Major Payment Institution licensed under Singapore's Payment Services Act 2019 and regulated by the Monetary Authority of Singapore (MAS).
Regulatory licence
Fast and Safe Remittance Pte. Ltd. holds a Major Payment Institution licence under the Payment Services Act 2019 (PSA), issued by the Monetary Authority of Singapore (MAS), for cross-border money transfer and money-changing services. CVPay is the brand under which Fast and Safe Remittance Pte. Ltd. provides its services. The licence entry is public and can be checked directly on the MAS Financial Institutions Directory.
- Licensed entity
- Fast and Safe Remittance Pte. Ltd.
- Licence type
- Major Payment Institution (Payment Services Act 2019)
- Licensed services
- Cross-border money transfer service; money-changing service
Data protection
Data protection
We handle personal data in accordance with Singapore's Personal Data Protection Act (PDPA) and apply data minimisation, purpose limitation, and access controls across our systems.
GDPR-aligned handling
For merchants or users in the European Economic Area, we apply data handling practices aligned with GDPR principles including lawful basis, data subject rights, and cross-border transfer safeguards.
AML & KYB
All merchants are subject to a know-your-business (KYB) onboarding process. We screen against applicable sanctions lists and apply ongoing transaction monitoring in line with our regulatory obligations under the PSA.
Contact
For compliance enquiries or data protection matters, contact kim@cvpayvn.com.
Regulatory information
The licence status of Fast and Safe Remittance Pte. Ltd. can be verified on the MAS Financial Institutions Directory under that legal name. For further compliance documentation, contact kim@cvpayvn.com.
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