Sapphiro Payment is a payment transfer system designed and made to be as simple as possible.
Unlike other payment gateways, we offer 0% transaction fees to encourage transactions while charging 2% cash-out fees.
Currently cash withdrawal is only done via Singapore DBS bank transfers. Cash withdrawal stations will be a possibility in future.
Sapphiro Payment is made in Singapore.
- Sapphiro Payment is the holder of Sapphiro Payment's stored value facility for government-backed currencies.
Under MAS guidelines, Sapphiro Payment is not classified as a "WA SVF", hence MAS approval is not required.
- Sapphiro Payment is also the wallet and payment gateway for internet currency Sapphiro Mints. (0% transfer fees)
Trading Sapphiro Mints for cash can only be done via our other to-be-made platform Sapphiro Exchange.