STICPAY Acquires Mauritius FSC License to Provide Payment Intermediary Services

STICPAY, a leading global e-wallet service provider and payment gateway, has secured a license from the Financial Services Commission (FSC) Mauritius and has been registered as a payment intermediary service.

As an authorized Payment Intermediary Service, STICPAY is permitted to operate from Mauritius as an online Payment Service Provider (PSP) per the country’s local legislation. STICPAY can offer merchant online services for accepting electronic payments by various payment methods including credit cards, bank-based payments such as direct debit, bank transfer, and real-time transfers based on E-banking.

With a total of 3 licenses, including FCA and LFSA, and now FSC, allows STICPAY to serve clients across more than 200 countries, offering a flexible e-wallet, payment gateway and a range of other services to the customers, Forex and Online Gaming industries. 

STICPAY is pleased to have added another prestigious license to our growing portfolio. This license ensures the reliability and transparency of all operations following the strict supervision of the FSC. It adds further credibility to STICPAY as a leading global player in the financial and online gaming industries. Moreover, even more clients across the world will be able to benefit from the highest level of protection offered by STICPAY. 

The acquisition of the latest FSC license broadens STICPAY’s horizons enabling it to secure further business in its quest to expand its global reach. 

About the FSC

The FSC is the integrated regulator in Mauritius for the financial services sector and was established in 2001 to license, regulate, monitor and supervise the conduct of business activities in these sectors following local legislation. The regulator is committed to the sustained development of Mauritius as a sound and competitive Financial Services Centre to promote the development, fairness, efficiency and transparency of financial institutions and capital markets, suppressing crime and malpractices so as to provide protection to members of the public investing in non-banking financial products, and ensuring the soundness and stability of the financial system in Mauritius.

To learn more about STICPAY’s range of digital and E-wallet payment solutions, contact STICPAY at account@sticpay.com.