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Offsetpay Pte. Ltd. confirms that it has ceased carrying on the business of providing any payment services in Singapore and will not solicit the public in Singapore without holding the appropriate licence or obtaining an exemption from the requirement to hold a licence under the Payment Services Act, and that all money received from its customers have been received by the intended recipients of such money, and adequate provision has been made to meet any unforeseen liabilities in respect of the business of any payment services.
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