Payments

The payments landscape is constantly evolving, with keen interest from investors and support from regulators. Technological advancement and digital transformation in the financial services industry are presenting further opportunities for widespread adoption of digital payments. To succeed and win customers' trust, businesses are expected to be consistently reliable, highly innovative and agile to changes.

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How PwC can help

Today, the payments industry faces its set of challenges, but it also presents many opportunities. Knowing where to focus your resources and effort will ensure that your company is positioned for success. Our team consists of experienced and competent multi-disciplinary professionals who are committed to building value for your company and the industry. Being an enabler in the payments ecosystem, we have actively assisted companies in varying stages to be sustainable in their operations.

Managing regulatory and compliance requirements

Managing regulatory and compliance requirements

The Monetary Authority of Singapore (“MAS”) is cognizant of the technological innovation and advancement in the financial sector and has implemented the Payment Services Act ("PSA") to ensure that the payments industry is sufficiently regulated but not to the point of stiffling innovation. At PwC, we are aware that keeping up with regulatory changes is not an easy task and we can assist companies to cope with the requirements.

If you are gearing up to set foot into the payments industry or looking to scale your payments operation in one of the most active financial technology hubs in Asia, let us be a partner in your journey.

Building trust and transparency

Building trust and transparency

There has been an increased demand for greater organisational transparency in our world today. We can help you to strengthen trust and confidence among your stakeholders.

If you are gearing up to set foot into the payments industry or looking to scale your payments operation in one of the most active financial technology hubs in Asia, let us be part of your journey.

Navigating risks and enhancing resilience

Navigating risks and enhancing resilience

While adoption of digital payments has accelerated, it has also increased vulnerabilities and gaps in the system that would need to be addressed. With the objective of a fraud and cyber resilient financial sector, the MAS has released Notices and Guidelines under the Payment Services Act ("PSA"). See where you stand and assess your readiness with independent reviews and gap assessments.

If you are gearing up to set foot into the payments industry or looking to scale your payments operation in one of the most active financial technology hubs in Asia, let us be part of your journey.

Rethinking the tax function

Rethinking the tax function

The global tax landscape is constantly changing and the tax function is increasingly expected to contribute to a business’s success and growth. Planning and managing your tax strategy can help improve relationships with regulators and allow you to make more informed and compliant business decisions.

If you are gearing up to set foot into the payments industry or looking to scale your payments operation in one of the most active financial technology hubs in Asia, let us be part of your journey.

Driving your business forward

Driving your business forward

Whether it may be tapping on the opportunities the industry has to offer or optimising your organisation throughout the value chain, we have the right expertise and people to help you reach your fullest potential.

If you are gearing up to set foot into the payments industry or looking to scale your payments operation in one of the most active financial technology hubs in Asia, let us be part of your journey.