Regulatory

Licenses

Malaysia
Axai Digital Sdn. Bhd. is Merchant Acquirer regulated by Bank Negara Malaysia ("BNM") under Financial Services Act 2013 ("FSA").

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Australia

Axai International (AU) Pty. Ltd. has initiated process and is actively applying for an Australian Financial Services License ("AFSL") with the Australian Securities and Investments Commission ("ASIC").

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Singapore

Axaipay International Pte. Ltd. has initiated process and is actively applying for a Major Payment Institution ("MPI") license with the Monetary Authority of Singapore ("MAS") under the Payment Services Act.