SINGAPORE, Aug. 19, 2025 — Wooshpay was honoured to participate as a sponsor and partner at the Institute of Singapore Chartered Accountants (ISCA) Annual Dinner, celebrating the 10th anniversary of ISCA Cares. The event gathered leaders from the accountancy and business communities to recognise excellence, inspire innovation, and reaffirm the importance of giving back to society.
Founded in 2021, Wooshpay has established strong expertise in education payments and e-commerce. The company holds a Financial Conduct Authority (FCA) license in the UK and an MSO license from Hong Kong Customs, operating under strict regulatory oversight. All sensitive data is managed in full compliance with GDPR, with regular privacy audits and policy reviews. Wooshpay also holds PCI-DSS Level-1, the highest level of international card payment security certification, and is an official registered service provider with Visa and Mastercard.
On the technology front, Wooshpay has developed its own transaction monitoring system to effectively detect and prevent money laundering or other financial crimes. In partnership with ISCA, Wooshpay has enhanced the efficiency of cross-border education payments in the region. Through Wooshpay’s platform, ISCA can now leverage wooshapy’ card acquiring services and gain access to local Southeast Asian wallets, enabling faster, more seamless cross-border transactions.
Settlement time for Singapore-based education fees has improved from T+3 to same-day settlement, and this faster processing now also applies to Hong Kong and the UK. By supporting over 150 currencies and integrating with local banks and financial institutions including DBS and ANEX in Singapore,Wooshpay has streamlined the payment process, making cross-border transactions simpler and more transparent for ISCA and its clients.
In his keynote speech at the Annual Dinner, ISCA President Mr Teo Ser Luck, FCA (Singapore), highlighted how artificial intelligence is reshaping the accountancy profession, stating: “Don’t let AI overpower us, let AI empower us.” At Wooshpay, we embrace this vision by actively integrating AI and AI agent technology to reshape payment experiences. From strengthening fraud detection to streamlining settlements, we believe AI should empower businesses and professionals, not replace them.
“We are honoured to support ISCA’s vision and to celebrate the 10th anniversary of ISCA Cares. Events like this inspire us to keep innovating in payments, delivering smarter, safer, and more efficient solutions for our partners and clients,” said CEO of WooshPay.
Looking ahead, Wooshpay will continue to expand its product offerings and embrace AI-driven innovation to deliver secure, seamless, and transformative payment experiences across industries.
About Wooshpay Wooshpay is a leading fintech company dedicated to transforming payments with secure, efficient, and innovative solutions. By simplifying cross-border transactions and optimising payment processes, Wooshpay empowers businesses and individuals for emerging markets to thrive in today’s connected global economy.