Consumer advisory – Payment Services in Singapore are regulated under the Payment Services Act 2019 (the "PSA"). Remittance is powered by Wallex Technologies Pte. Ltd ("Wallex"), who is regulated by the Monetary Authority of Singapore and is a licensed Major Payment Institution under the PSA for the provision of Cross-border Money Transfer Services in Singapore (License No. PS20200433). Funds (that constitute "relevant moneys" (as defined under the PSA) received by Wallex shall be held on your behalf in a trust account opened with a Safeguarding Institution as required under the PSA. Visa cards are issued and powered by NIUM Pte. Ltd. (formerly known as INSTAREM Pte. Ltd.), who is regulated by the Monetary Authority of Singapore under RA No. 01454 and is a major payment institution under the Payment Services Act No. 2 of 2019. Virtual accounts are powered by PayrNet Pte. Ltd., under the Railsbank group of companies, who is regulated by the Monetary Authority of Singapore and operating under an exemption under the Payment Services (Exemption for Specified Period) Regulations 2019. Business Cashline is powered by Cash In Asia Pte. Ltd, who operates as an excluded moneylender under the Moneylenders Act (Cap 188).