Build trust and confidence in the payment market

Payments

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The world today is at a crossroads of technology, industry and business reconfiguration. As a result, substantial value is in motion for the payments sector - both growth opportunities and uncertainties. Companies must therefore rapidly innovate their business and operating models while competing in novel ways.

By integrating deep industry technical expertise, we aim to empower industry players and innovators to navigate value shifts in a rapidly evolving market with confidence and foster greater trust with both customers and stakeholders.

Our vision

At PwC Singapore, our vision for the future of the payments industry is to empower players and innovators to thrive in a secure, compliant, and innovation-friendly ecosystem. We are committed to helping businesses benefit from a well-regulated environment that encourages breakthrough innovation and supports sustainable growth.

We believe the future of payments lies in building a safe and trusted environment—one that enables more transactions to flow through non-bank platforms, supports the shift to digital payments, and ensures consumer safety and confidence at every step. By combining deep regulatory expertise with technology-driven solutions, PwC Singapore is helping shape a payments landscape that is inclusive, resilient, and ready for the future.

Getting ready for the future will require payment players to stay on top of

Modernisation of payments for financial institutions

Anti-scam and Know-your-customer (KYC) requirements

Regulatory developments

Crypto and stablecoin developments

Deals opportunities

Explore our tailorable solutions according to your client segments

  • Deals origination – Strategic Funding and Expansion Support
  • Due Diligence
  • Implementation of faster payments systems 
  • Anti-scam controls and fraud investigation
  • Anti Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) policy and implementation review, including attestation
  • Technology risk management and cyber hygiene review
  • Operational readiness review
  • Financial statements audit
  • Payment Service Act (“PSA”) License application support
  • Regulatory assurance review under Payment Services Act
  • Tax compliance
  • Transfer pricing review
  • IPO readiness assessment
  • Payment systems modernisation
  • Anti-scam controls and fraud investigation
  • Anti Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) policy and implementation review, including attestation
  • Operational readiness
  • Technology risk management and cyber hygiene review
  • Financial statements audit
  • Regulatory compliance review 
  • Tax compliance
  • Transfer pricing review
  • Deals origination – Strategic Funding and Expansion Support
  • Due Diligence
  • Anti Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) policy and implementation review, including attestation
  • Operational readiness
  • Stablecoin - operational readiness advisory and review
  • Stablecoin – Whitepaper review
  • Financial statements audit
  • Regulatory and compliance review
  • Payment Service Act (“PSA”) License application support

Filter by:

Client segments

  • Payment Services Providers ("PSP")
  • Transaction banking
  • Digital Payment Token ("DPT")
Deals matching – Strategic Funding and Expansion Support
Financial Due Diligence
Faster payments systems
Anti-scam controls and investigation
Anti Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) policy and implementation review
Technology risk management and cyber hygiene review
Cyber-security / security assessment review
Operational readiness
Technology risk management and cyber hygiene review
Cyber-security / security assessment review
Financial statements audit
Regulatory and compliance audit/review
Tax compliance
Transfer pricing review
Payment Service Act (“PSA”) License application support
IPO readiness assessment
Regional banks – payments modernisation
Anti-scam controls and investigation
Anti Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) policy and implementation review
Operational readiness
Technology risk management and cyber hygiene review
Cyber-security / security assessment review
Financial statements audit
Regulatory and compliance audit/review
Tax compliance
Transfer pricing review
Payment Service Act (“PSA”) License application support
Deals matching – Strategic Funding and Expansion Support
Financial Due Diligence
Anti Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) policy and implementation review
Operational readiness
Stablecoin – Operational Review as Payment Method
Stablecoin – Whitepaper review
Financial statements audit
Regulatory and compliance audit/review
Payment Service Act (“PSA”) License application support

How PwC can work with you across your lifecycle

Corporate finance and deals

Helping businesses grow, restructure, or attract investment.

  • Deals Origination – Strategic Funding and Expansion Support
    We connect businesses with suitable investors or strategic partners, supporting capital raising and expansion plans tailored to your growth strategy.
  • Due Diligence
    Whether you're acquiring, merging, or preparing for investment, our due diligence ensures you understand the financial health and risks of the target entity.

Growth and modernisation

Enabling innovation and scalability through technology and infrastructure.

  • Regional banks – Payments modernisation
    We help financial institutions upgrade legacy systems to meet evolving customer expectations and regulatory demands.
  • Faster payments systems
    Our team supports implementation of real-time payment infrastructure, enhancing transaction speed, security, and customer experience.
  • Growth Strategy
    Support clients in formulating and executing growth strategies, including new market entry, competitive positioning, and business planning to drive sustainable value creation.

Business risk and management

Safeguarding operations and reputation through robust controls and assessments.

  • Anti-scam controls and investigation
    We assist in designing and reviewing controls to detect and prevent scams, and conduct investigations to trace fraud incidents.
  • AML/CFT policy and implementation review
    Our experts assess your anti-money laundering frameworks to ensure compliance with regulatory standards and global best practices.
  • Operational readiness
    We evaluate your readiness to launch new services or enter new markets, identifying gaps in processes, systems, and governance.
  • Technology Risk Management and Cyber Hygiene Review
    We help you assess and strengthen your IT controls, ensuring resilience against cyber threats and operational disruptions.
  • Cybersecurity / security assessment review
    Our team conducts comprehensive security reviews to identify vulnerabilities and recommend mitigation strategies.
  • Stablecoin – Operational review as payment method
    We assess the feasibility, risks, and controls required to adopt stablecoins as part of your payment ecosystem.
  • Stablecoin – Whitepaper review
    We provide expert feedback on your stablecoin whitepaper, ensuring clarity, regulatory alignment, and operational soundness.

Statutory requirements

Ensuring compliance with financial reporting and regulatory obligations.

  • Financial Statements Audit
    We deliver high-quality audits that enhance trust and transparency with stakeholders.
  • Regulatory and Compliance Audit/Review
    Our reviews help you meet industry-specific regulatory requirements and identify areas for improvement.
  • Tax Compliance
    We support accurate and timely tax filings, helping you manage risks and optimize your tax position.
  • Transfer Pricing Review
    We assess your intercompany pricing arrangements to ensure alignment with global tax regulations and reduce audit exposure.
  • Payment Services Act (PSA) License Application Support
    We guide you through the PSA licensing process, from documentation to regulatory engagement.

Exits

Preparing businesses for successful transitions or public listings.

  • Due Diligence
    For divestments or acquisitions, we provide detailed financial insights to support informed decision-making.
  • IPO readiness assessment
    We help you prepare for listing by reviewing governance, financial reporting, and operational maturity

Meet our dedicated payments team

We help startups and established players decode market shifts and deliver compliant, scalable solutions. PwC Singapore’s multi-disciplinary payments team spans assurance, consulting, deals, tax and risk—supporting you from setup and licensing to scaleup and transformation.

Wong Wanyi

Wong Wanyi

FinTech Leader, PwC Singapore

For any of your needs related to business and risk management, anti-scam and fraud management, or IPO readiness and exit strategies, feel free to reach out to Wanyi.

Business and risk management
Dyane Uy

Dyane Uy

Director, PwC Singapore

Corporate finance advisory and deals due diligence
Maxime Blein

Maxime Blein

Partner, PwC Singapore

Khai Chuang Ng

Khai Chuang Ng

Managing Director, PwC Singapore

Growth and modernisation
Mansi Singh

Mansi Singh

Partner, Financial Services Strategy and Operations, South East Asia Consulting, PwC Singapore

Anti-scam and fraud management
Daniel Fu

Daniel Fu

Partner, Forensics, PwC Singapore

Statutory and regulatory requirements
Mun Hong Siew

Mun Hong Siew

Director, Financial and Regulatory Assurance, PwC Singapore

Germaine Huang

Germaine Huang

Managing Director, Regulatory Advisory, PwC Singapore

Rose Sim

Rose Sim

Partner, Financial Services Tax, PwC Singapore

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