TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD. Business Review
Business Overview
TrustScore Analysis
Our preliminary analysis has revealed key insights about TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Positive highlights
- No positive highlights identified
Negative highlights
- Is relatively new
- No employer brand presence on career platforms
- May not have contact information online
- No official business profile found on major search engines
Corporate Information
64993
Remittance services
Contact Information for TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD.
TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD.'s Business Reviews
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Public Preview of TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD.
This is only a preview of the TrustScore results for TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD., showcasing a few facets of its business that we have analysed.
Established Stage
A established brand is one that has achieved a strong, recognisable presence in its market or industry. These brands are well-known, trusted and often considered as key brands in their space. They have a significant loyal customer base, a clear and consistent identity, and a proven track record of success and growth.
Key Characteristics
- Strong Brand Recognition: TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD. is likely widely recognised by its target audience and beyond. These brands are usually household names with history, regional or global reach and financial might.
- Market Leadership: TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD. is often seen as a leader or key player in its industry. They dominate the market and often set trends for others to follow.
- Loyal Customer Base: It has a large and dedicated following of customers after 4 years of operation, often associated with brand value and loyalty.
- Consistent Identity: The brand’s mission, values, and visual identity are well-defined and consistently applied. The narrative is often relational and recognisable.
- Diverse Offerings: It has a robust and varied portfolio of products or services that cater to a wide range of customer needs. After sales service and customer support are usually well aligned with company’s offerings.
- Scaled Operations: The brand has the infrastructure, team, and processes to support its size and reach.
- Financial Stability: It generates steady revenue and often has significant market share.
Why It Matters
- TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD. represent stability, trust, and excellence.
- They have proven their ability to adapt, innovate, and thrive over time. However, even established brands must continue to evolve to stay relevant in a changing market.
The company's address is not in use by other companies, providing a unique and credible business location. TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD. is relatively new, having been operational for less than a year. Companies that have been established for a longer period of time are generally considered more reliable and trustworthy.
TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD. has no presence on career platforms and provides no public information about its work environment or employee satisfaction. This lack of transparency may indicate less focus on employee well-being or difficulty in attracting talent, potentially impacting TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD.'s long-term success.
The company is not blacklisted by CaseTrust, which is a positive indicator of its credibility. The company is not on the MAS Enforcement List, which is a positive indicator of its compliance with financial regulations.
TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD. may not have accessible contact information online, which dilutes engagement and credibility. The company has no official business profile on major search engines. This absence makes it difficult for potential customers to verify the company's legitimacy or get in touch, potentially raising suspicions about its credibility.
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Sign In to ContinueAssociated News for TERRA PAYMENT SERVICES (SINGAPORE) PTE. LTD.
“As we continue to grow, we’re excited to prioritize the development of strategic cross-border payment partnerships and innovative solutions to help simplify global money movement,” said Sheshagiri Malliah, Managing Director, Terra Payment Services Pte Ltd. TerraPay now has 11 licenses and 19 regulatory approvals in 30 markets, globally. The company is hoping that it will be able to leverage on Singapore as Southeast Asia’s financial hub, and capitalize on this new MPI license to strengthen existing and new partnerships in the region while also accelerating their APAC presence. MAS granted MPI license to Nuvei a day later and the company said that it will be able to extend its global reach and enable customers in the region to benefit from the additional service.
“As we continue to grow, we’re excited to prioritize the development of strategic cross-border payment partnerships and innovative solutions to help simplify global money movement,” said Sheshagiri Malliah, Managing Director, Terra Payment Services Pte Ltd. TerraPay now has 11 licenses and 19 regulatory approvals in 30 markets, globally. The company is hoping that it will be able to leverage on Singapore as Southeast Asia’s financial hub, and capitalize on this new MPI license to strengthen existing and new partnerships in the region while also accelerating their APAC presence. MAS granted MPI license to Nuvei a day later and the company said that it will be able to extend its global reach and enable customers in the region to benefit from the additional service.
United Kingdom's TerraPay receives Singapore license for money transfer services - TNGlobal
“Being granted this license by the Monetary Authority of Singapore is a big milestone for TerraPay, especially as we expand our reach and services across geographical borders,” said Sheshagiri Malliah, managing director of Terra Payment Services Pte Ltd. “This achievement underscores our ongoing dedication to upholding the highest standards of regulatory compliance and reinforces our commitment to providing transparent, frictionless, and simplified payment services, “As we continue to grow, we’re excited to prioritize the development of strategic cross-border payment partnerships and innovative solutions to help simplify global money movement,” he added.
8 April 2024
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Scam.SG's TrustScore is an AI-driven engine that evaluates a business's trustworthiness by analysing data such as customer feedback, behavioral patterns, and compliance records. This comprehensive assessment results in a numerical score reflecting the entity's reliability.