Press Releases

SINGAPORE, September 2023 — Wandr, a leading innovator in the fintech and remittance industry, proudly announces its receipt of the Merchant Acquisition Service license, granted by the Monetary Authority of Singapore (MAS). This milestone marks a pivotal step in Wandr’s mission to deliver comprehensive financial solutions to its customers and business partners.

With the addition of this license, Wandr now holds three key regulatory licenses, further solidifying its position as a prominent player in the financial services landscape:

• Domestic Money Transfer Service
• Cross-border Money Transfer Service
• Merchant Acquisition Service (New)

The Merchant Acquisition Service license enables Wandr to expand its payment solutions for merchants, allowing businesses to accept and process payments seamlessly through its secure platform. This new offering complements Wandr’s well-established Domestic and Cross-border payment services, ensuring a holistic approach to financial management for both businesses and consumers.

“This license represents an exciting opportunity for Wandr to expand the value we deliver to the market,” said David Hulme, Co-founder and Director. “With the Merchant Acquisition Service, we aim to help businesses streamline their payment processes while maintaining the high standards of security and affordability that define our services.”

A Leader in Financial Innovation

Since its inception, Wandr has built a strong reputation for delivering transformative financial solutions that address the diverse needs of its customers across the region via its Pay2Home and Wandr-E brands. The introduction of the Merchant Acquisition Service reflects Wandr’s continued dedication to enhancing the accessibility and efficiency of financial services in a fast-evolving digital economy.

Looking Ahead

The new license underscores Wandr’s commitment to staying at the forefront of the evolving payments landscape. By expanding its service portfolio, Wandr is well-positioned to support businesses in adapting to the demands of modern commerce with ease and confidence.

For more information about Wandr’s Merchant Acquisition Service and other offerings, visit www.pay2home.com.

About Wandr

Founded in 2001, Wandr is a trusted provider of financial services specializing in international remittances and payment solutions. With a focus on innovation, security, and transparency, the company has earned a strong reputation for delivering cost-effective and user-friendly services across Asia through its Pay2Home and Wandr-E brands. Wandr remains a leader in fintech, empowering individuals and businesses to thrive in the digital economy.