Partnership

The First Aesthetic Clinic in Singapore to Accept Crypto Payments

Singapore, September 15 – Beaute On Aesthetics, a premium boutique aesthetic clinic in Singapore, joined forces with dtcpay, the leading crypto digital payment solutions, to delight their customers with a seamless and secure payment experience using cryptocurrencies.

15 Sep 2023 3 mins Read

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Singapore, September 15 – Beaute On Aesthetics, a premium boutique aesthetic clinic in Singapore, joined forces with dtcpay, the leading crypto digital payment solutions, to delight their customers with a seamless and secure payment experience using cryptocurrencies.


By partnering with dtcpay, Beaute On Aesthetics will be able to cater to the growing demand for crypto payments among their customers, who want to enjoy the benefits of lower fees, faster transactions, and higher privacy. As the very first clinic in Singapore to accept cryptocurrencies, Beaute On Aesthetics is gaining a competitive advantage and a unique selling proposition in the market. 

 

Moreover, they are able to improve their revenue and cash flow by receiving instant settlements in their preferred fiat currency, because of dtcpay’s efficient and reliable conversion service. This collaboration also enhanced their brand image and customer satisfaction, as they demonstrated their innovation and technology leadership in the aesthetic industry.

 

Also, as a licensed crypto payment solution provider, it provides the clinic with a secure and compliant platform to process crypto transactions. Compared to traditional debit and credit payments. dtcpay can effectively reduce fraudulent chargebacks. With crypto payments, chargebacks are impossible, as transactions are irreversible and final. This means that the clinic can avoid fraud and disputes, and focus on providing quality service. In addition, Beaute On Aesthetic Clinic is enthusiastic about promoting real-world applications of crypto use cases and fostering the adoption of cryptocurrencies within the medical services industry.

 

 

“As the first clinic in Singapore to embrace cryptocurrencies, we are not only gaining a competitive edge but also demonstrating our commitment to innovation and technology leadership in the aesthetic industry. With dtcpay’s efficient conversion service, we can optimize our revenue and cash flow while providing our customers with a convenient and cutting-edge payment option,”

Candice

Head of Sales and Business Development at Beaute On Aesthetics

“At dtcpay, we are proud to collaborate with Beaute On Aesthetics to enhance their payment options and customer experience. By providing a secure and compliant platform for crypto transactions, we aim to empower businesses like Beaute On Aesthetics to thrive in the ever-evolving digital economy. Our efficient conversion services and fraud prevention measures offer tangible benefits such as instant settlements and reduced chargebacks”,

Kanny Lee

dtcpay

Expanding crypto payment solutions to Beaute On Aesthetic Clinic’s customers aims to provide them with more choices and added convenience when paying for their aesthetic services. It’s believed that crypto payments are the future of commerce and can enhance the overall customer experience and satisfaction.

 

 

About Beaute On Aesthetics 

At Beaute On Aesthetics, we pride ourselves on offering a comprehensive suite of aesthetic treatments, underpinned by the latest technology. Our goal is to provide exceptional services tailored to the unique needs of each client, maintaining the highest standards of safety and effectiveness.

We offer a broad range of services designed to enhance and celebrate your unique beauty. Beaute On Aesthetics stays at the forefront of aesthetic technology, employing cutting-edge tools and techniques to deliver the best results for our clients.

These include, but are not limited to:

 

  • Facial contouring
    • Skin rejuvenation
    • Anti-ageing treatments
    • Scar and acne treatment
    • Non-surgical facelifts
    • Injectables: BTX and dermal fillers

 

Visit us at: https://beauteonaesthetics.com/ 

About dtcpay

dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow revenues with increased acceptance rates across Fiat and cryptocurrency.  Our client’s customers benefit from frictionless payment experiences whether they are using our award-winning POS+ terminal in-store or using our online checkout.

 

Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) and offers Digital Payment Token (DPT) services.

 

Find out more at https://dtcpay.com

Announcement

Jeripay and dtcpay Announce Groundbreaking Collaboration to Revolutionize Retail Payments

Singapore, September 12 – Jeripay, a prominent point-of-sale (POS) technology company is thrilled to announce a strategic long-term collaboration with dtcpay, a leading cryptocurrency payment solution provider.

12 Sep 2023 3 mins Read

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Singapore, September 12 – Jeripay, a prominent point-of-sale (POS) technology company is thrilled to announce a strategic long-term collaboration with dtcpay, a leading cryptocurrency payment solution provider.


This exciting partnership aims to empower retailers by integrating cryptocurrency as a new and secure form of payment within Jeripay’s POS system covering over 8,000 terminals locations in Singapore.

 

In a rapidly evolving digital landscape, it is pivotal for retailers to adopt the acceptance of cryptocurrency payments, to reach a wider audience where cryptocurrencies are becoming increasingly popular. Jeripay and dtcpay will work closely to provide retailers with a seamless and secure way to accept cryptocurrencies, expanding their customer base and enhancing their payment options.

 

Key highlights of this collaboration include:

 

  1. Integration of Cryptocurrency Payments: Powered by dtcpay, retailers using Jeripay’s POS system will now have the capability to accept cryptocurrencies, providing customers with greater flexibility in their payment choices.

 

  1. Enhanced Security: The partnership will implement cutting-edge security measures to ensure that cryptocurrency transactions are safe and protected from potential threats, boosting confidence in both retailers and consumers.

 

  1. User-Friendly Experience: Jeripay and dtcpay will prioritise creating a user-friendly experience, ensuring that customers can make cryptocurrency payments effortlessly, and promoting wider adoption among everyday consumers.

 

 

Both Jeripay and dtcpay are excited about the possibilities that this collaboration presents. As the cryptocurrency market grows, the ability to use digital assets for everyday purchases becomes increasingly important. This partnership will empower retailers to tap into this growing market and offer a modern and convenient payment method.

“By integrating dtcpay’s blockchain payment system in the Jeripay POS, we are able to instantly deploy at over 8,000 locations around Singapore enabling more merchants to adopt digital currency payments. Singapore businesses will get a significant boost to their bottom line with lower transaction fees with faster settlement”.

Kanny Lee

dtcpay

“We are happy to partner with dtcpay and share the same philosophy in open innovation. This collaboration can leverage both organisations’ expertise to better support the current dynamic payment market. It will be an exciting period for Jeripay and display team, and we look forward to our collaboration, including outside Singapore.”

Jimmy Teo

CEO of Jeripay

This collaboration is set to redefine the retail payment landscape, making it more inclusive, secure, and adaptable to consumers’ evolving preferences. dtcpay and Jeripay look forward to a prosperous partnership and invite retailers and merchants to join them in this exciting journey.

 

 

 

About dtcpay

dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow revenues with increased acceptance rates across Fiat and cryptocurrency.  Our client’s customers benefit from frictionless payment experiences whether they are using our award-winning POS+ terminal in-store or using our online checkout.

 

Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) and offers Digital Payment Token (DPT) services.

 

Find out more at https://dtcpay.com

About Jeripay:

 

Jeripay’s cutting-edge applications and solutions provide an extensive array of value-added services tailored to the preferences of tech-savvy consumers in the Asian market. This innovative platform gives users real-time access to a comprehensive overview of their loyalty points, balances, and purchase history, granting them enhanced control and convenience over their rewarding experiences. Furthermore, users can seamlessly manage their omnichannel interactions using a single device through Jeripay’s suite of offerings, including JeriRewards, JeriFood, JeriPay, JeriCard, and JeriAI.

 

Visit us on www.jeripay.com and follow us on LinkedIn 

 

Partnership

Mandala Club, Asia’s Most Exclusive Private Club Adopts Web3 Financial Solutions in Partnership with dtcpay and Headquarters

Singapore, September 07, 2023 – Mandala Club Singapore, a collective of spaces for purpose and hospitality in the heart of Asia, is thrilled to announce its strategic partnership with dtcpay, a trailblazer in digital payment solutions and Headquarters (HQ.xyz), a finance back-office tool for Web3 companies.

7 Sep 2023 3 mins Read

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Singapore, September 07, 2023 – Mandala Club Singapore, a collective of spaces for purpose and hospitality in the heart of Asia, is thrilled to announce its strategic partnership with dtcpay, a trailblazer in digital payment solutions and Headquarters (HQ.xyz), a finance back-office tool for Web3 companies. This partnership marks a significant step towards providing seamless digital transactions within the club’s exquisite ambience while maintaining an efficient operation.


Mandala Club‘s commitment to elevating customer experiences is reflected in its adoption of cutting-edge technologies. As part of this partnership, the club will be embracing the future of transactions, introducing dtcpay’s POS+ terminal as a payment method. This move aligns perfectly with the evolving preferences of the Asia-Pacific (APAC) region, where crypto payments are experiencing an unprecedented surge in popularity, particularly with Mandala’s Genesis Pass, where memberships exist in the form of NFT’s.

“We are excited to offer more payment methods to our members such as use of cryptocurrencies. This feature adds an extra layer of convenience for many of our members in the Web3 industry enhancing their experience during their visit to the club. With our hyper-engaged Web3 community, the acquisition of genesis pass memberships will be much more straightforward.”

Gustin Mahtani

Business Development & Partnership Specialist in Web3

One of the highlights of this collaboration is the integration of dtcpay’s POS+ solution, designed to lower fees with transactions at Mandala Club. This innovative feature empowers existing patrons to seamlessly upgrade their ordinary memberships to coveted NFT memberships. With a simple scan of a QR Code, dtcpay is providing Mandala Club customers with an unprecedented level of convenience, underscoring the club’s commitment to redefining private & luxury experiences.

“Web3 adoption is at its heart, community driven and real life use cases exist all around waiting for us to connect the dots. As a Genesis Pass member of Mandala Club and providing easy options to fellow members in the NFT tribe community highlights the importance of customer service and convenience. I’m excited at making this payment channel a reality for all the members of all the properties for Mandala worldwide”

Kanny Lee

dtcpay

In a bid to accelerate the adoption of additional payment methods, dtcpay has partnered with Headquarters (HQ.xyz) to offer digital invoices with crypto settlement and accounting of crypto payments. This initiative aims to streamline business operations while enhancing the overall payment experience for both the club and valued members.

“We’re excited to support Mandala as they embark on their Web3 journey, starting with NFT-enabled memberships and crypto payments. Our partnership ensures streamlined financial operations, mirroring the seamless experiences Mandala offers to her members. Through this collaboration with dtcpay, we look forward to not only supporting Mandala’s innovative ventures but also setting new benchmarks for operational excellence for businesses adopting digital assets, world of NFTs and crypto.”

Sharon Paul

CEO of Headquarters

About Mandala Club

Nestled in the heart of Singapore’s vibrant cultural landscape, Mandala Club stands as an epitome of luxury, elegance, and immersive experiences. Since its inception, Mandala Club has redefined the standards of opulence, consistently delivering unforgettable moments to its discerning clientele.

 

For more information about Mandala Club, please visit www.mandalaclubsg.com

 

 

 

 

About dtcpay

dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow revenues with increased acceptance rates across Fiat and cryptocurrency.  Our client’s customers benefit from frictionless payment experiences whether they are using our award-winning POS+ terminal in-store or using our online checkout.

 

Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) and offers Digital Payment Token (DPT) services.

Find out more at https://dtcpay.com

 

 

About Headquarters

Headquarters serves as the finance back-office tool for Web3 organisations, offering a unified platform for financial reporting and operations. The platform streamlines treasury management by automating bookkeeping of on-chain transactions, calculating capital gains and losses, integration with commonly used accounting and ERP tools such as Xero, Quickbooks and Netsuite.

 

For more information, please visit www.hq.xyz

 

Blog

Understanding Account Abstraction (AA) and the Mechanics of AA Wallets

The management system for blockchain wallets is inherently rigid; each transaction must be meticulously verified, and the loss of private keys leads to the forfeiture of wallet access and its contents. Despite offering a secure asset management framework, these challenges impede the widespread adoption of blockchains as a commonly used payment method and foundational infrastructure.

29 Aug 2023 7 mins Read

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The management system for blockchain wallets is inherently rigid; each transaction must be meticulously verified, and the loss of private keys leads to the forfeiture of wallet access and its contents. Despite offering a secure asset management framework, these challenges impede the widespread adoption of blockchains as a commonly used payment method and foundational infrastructure.


Introduction

This is where the concept of account abstraction enters the scene. Account abstraction applies the automation principles inherent in smart contracts to crypto wallets, specifically Externally Owned Accounts (EOAs). Similar to its utilization in smart contracts, account abstraction empowers wallet owners to customize their wallets. These potential modifications encompass arrangements for recurring payments, protocols for access management, and alterations to payment methods for network charges.

 

The notion of account abstraction has stirred discussions within the blockchain community since its inception and appears poised to manifest in the near future. Prominent Layer 2 networks such as zkSync and Starknet are reportedly exploring applications for this technology.

 

Now, let’s delve into the mechanics of account abstraction and its operation.

 

Account Abstraction, Externally Owned Accounts (EOAs), and Smart Contracts

At its core, account abstraction disentangles Externally Owned Accounts (EOA) and smart contracts from the rigid ECDSA (Elliptic Curve Digital Signature Algorithm) digital signature scheme and the network’s consensus layer. The ECDSA serves as the validation system for EOAs and smart contract accounts, utilizing the private-public key pairing system to govern access management and the transaction execution structure for blockchain accounts. Moreover, every transaction is subjected to validation through the consensus layer.

 

To unravel this intricate framework, let’s break it down step by step.

 

First, we must understand the two types of accounts present on Ethereum and similar EVM networks:

 

  • Externally Owned Accounts (EOAs):
  • EOAs represent personal accounts owned and controlled by individual participants within the network. These accounts are denoted by cryptographic addresses, often referred to as wallet addresses. These addresses facilitate the reception and tracking of transactions involving EOAs.

 

EOAs operate via a public-private key pairing mechanism that encrypts information, allowing only transaction participants or holders of corresponding public keys to access complete transaction and account data. The private key serves as the exclusive means of controlling an EOA, granting the private key holder the rightful ownership to sign transactions without limitations. This system is governed by the ECDS algorithm.

 

The ECDS algorithm generates a signature by utilizing the transaction and the EOA’s private key. This signature encodes the transaction and its proof, enabling the recipient to verify the transaction by decrypting it using the corresponding public key. Transaction validation occurs through the network’s consensus layer, culminating in finality once these conditions are met.

 

  • Smart Contracts:
  • Functioning as a virtual computer, the EVM (Ethereum Virtual Machine) translates code fragments into state-altering instructions, much like a vending machine. These code fragments define smart contracts. Unlike EOAs, smart contracts are also represented by addresses. However, a significant divergence lies in the signature system; transactions can be executed without mandatory private-public key requisites. This characteristic empowers developers to engineer automation through smart contracts.

 

With a grasp of EOAs, smart contracts, and their distinctions, we can revisit the concept of account abstraction.

 

Mechanics of Account Abstraction

 

Account abstraction endeavors to infuse EOAs with the automatability inherent in smart contracts. Nevertheless, EOAs were initially structured differently and are compelled to adhere to their original design to align with network regulations. However, this original design proves overly rigid and intricate, particularly for users who possess moderate technical acumen. To actualize this vision, EOAs must be abstracted (isolated) from this stringent system, giving rise to the term “account abstraction.”

 

A parallel concept was introduced for smart contracts (EIP-2938), outlining a set of implementations that enable smart contracts to circumvent the signature algorithm. This extension prolongs transaction validity by executing arbitrary EVM bytecode. This functionality aims to empower smart contracts to manipulate gas prices and limits within their comfort zone.

 

EIP-4337 introduces an account abstraction system for EOAs that can bypass the consensus layer using an alternative mempool, a pseudo-transaction, and bundlers for transaction packaging and inclusion in blocks for validation. Ethereum’s co-founder, Vitalik Buterin, took to Twitter in October 2022 to endorse the benefits of EIP-4337.

 

By circumventing the consensus layer, accounts gain the flexibility to challenge certain original blockchain rules and effectuate several adjustments. However, what does this signify for users?

 

 

Potential Applications and Advantages of Account Abstraction

 

Visionary leaders and pioneering projects are exploring avenues to apply account abstraction, ushering in fresh opportunities for blockchain technology and propelling mass adoption. The potential use cases for account abstraction include:

 

  • Enhanced User Experience:
  • Blockchain technology and cryptocurrencies are maturing into alternatives to conventional financial systems. This evolution can be largely attributed to their robust security mechanisms. Yet, this security comes at the expense of an inflexible design that poses challenges and may lead to irreversible losses.

 

Blockchain users must navigate the intricacies of accepting and revoking permissions for decentralized applications (dApps), managing seed phrases and wallets, all while scrutinizing each transaction. This intricate process detracts from the user experience, particularly for newcomers seeking to enter the space (hence the popularity of centralized exchanges).

 

While account abstraction may not entirely resolve these issues, it has the potential to significantly enhance the usability of blockchain wallets. Projects within the blockchain realm can leverage account abstraction to deliver products equipped with pre-designed flexible features, making basic operations more accessible for users with limited technical expertise.

 

  • Reduction of Seed Phrases:
  • One of the key objectives of account abstraction is to reduce reliance on private keys. It’s worth noting that while account abstraction doesn’t eliminate the need for private keys entirely, it can facilitate the creation of contracts and protocols that mitigate the necessity for seed phrases. This streamlining of seed phrase management aims to simplify how blockchain enthusiasts handle their seed phrases.

 

This is achieved by enabling EOAs to establish multiple points of control for their accounts and instituting recovery mechanisms for lost private keys. Smart contracts can be devised to allow users to set alternative access routes involving authentication methods beyond seed phrases.

 

Accounts can be safeguarded using two-factor authentication systems, and EOAs can designate a recovery account for their wallets. The recovery account functions similarly to personal email addresses when utilizing the “Reset password” option on Web 2.0 platforms.

 

Another approach involves designing a recovery system through smart contracts that pose questions to users. Access would be granted to individuals who accurately answer these questions.

 

Additionally, account abstraction can curtail the need for seed phrases by constructing an infrastructure where users can create multiple accounts linked to the same seed phrase. The primary account’s seed phrase can unlock sub-accounts, while an additional recovery option backs up the seed phrase for the primary account. This enables users to establish accounts managed by a group without disclosing the seed phrase to all parties involved.

 

  • Redefined Fee Payment System:
  • For transactions to occur, EOAs must remit fees in Ether (ETH). Consequently, new users must fund their accounts with ETH to initiate interactions within the network. While faucet projects endeavor to encourage adoption by offering small quantities of native tokens to newcomers, this approach often falls short and opens avenues for misuse. Account abstraction has the potential to rectify this in two major ways.

 

Firstly, it introduces an alternative fee payment structure. Smart contracts could be devised to permit accounts to settle consensus-layer fees using a currency of their preference.

 

Furthermore, account abstraction empowers one account to settle transaction fees on behalf of another account. Users could manually select the account to perform this function or automate the process through smart contracts. Cryptocurrency projects could leverage this functionality to cover transaction fees or gas charges for users engaging with their smart contracts, potentially reducing the fees borne by each transaction through smart contract-backed fee coverage.

 

  • Streamlined Automated Payments:
  • Presently, EOAs must validate transactions by signing them before they are processed on the blockchain. Even transactions initiated via smart contracts require validation prior to execution. Recurring transactions also necessitate validation for each instance, which may become cumbersome for frequent and multiple transactions.

 

With account abstraction, EOAs can establish an automated confirmation protocol for recurring transactions. These transactions can be swiftly confirmed without requiring intervention from the EOA owner. This automation can also be extended to future payments. Automated payment systems facilitated by account abstraction could incorporate diverse authentication mechanisms such as biometrics and two-factor authentication to simplify transaction authorization.

 

  • Consolidated Execution of Complex Actions:
  • Similar to the scenario discussed earlier, the requirement for EOAs to actively endorse each transaction can prove tiresome. Herein lies the role of account abstraction. It can be programmed to bundle multiple operations and sign them collectively, streamlining the process. For instance, it could entail endorsing and executing a swap within a decentralized exchange, all in one transaction.

 

Challenges to Embracing Account Abstraction

 

The potential applications outlined above are intriguing, fostering anticipation among blockchain enthusiasts for the improvements and novel opportunities that may emerge. However, given that account abstraction is still an emerging concept, it’s plausible that compatibility issues with existing smart contracts may arise, potentially resulting in elevated costs for interactions with the blockchain network. Additionally, since smart contracts demand greater computational resources, this could translate to higher gas fees.

 

While current blockchain-level security remains inviolable, the proliferation of hack incidents within decentralized applications built on the blockchain is noteworthy. Account abstraction, along with the products harnessing its capabilities, might introduce a new layer of vulnerability to blockchain wallets, potentially creating exploitable vulnerabilities. The alternative account management structures and external authentication systems facilitated by account abstraction could potentially reduce the security standards of blockchain wallets to those reminiscent of the Web 2.0 landscape.

Conclusion

 

Blockchain technology and cryptocurrencies have ushered in the era of “you are your own bank.” Over time, the shortcomings of traditional banking systems have underscored the significance of personalized financial systems. However, perfection remains elusive; the current blockchain technology design excels in securing and virtualizing assets but falls short in accommodating a more adaptable, user-friendly framework.

 

Decentralized finance lacks the ease of account recovery enjoyed by participants in traditional finance and centralized exchanges. Account abstraction strives to address this gap and improve blockchain adoption.

 

Predicting the shortcomings of this technology remains challenging, given its nascent status. Critics speculate that flexible access management might compromise security, yet such notions are mere assumptions. It’s essential to recognize that account abstraction is an emerging technology in its infancy. Always conduct thorough research and risk assessment before interacting with protocols. This article serves an educational purpose and should not be construed as financial advice.

Partnership

Laguna National Golf Resort Club, Singapore’s Premier Golf and Country Club Adopts Digital Payments

Singapore, 25 August 2023 – Laguna National Golf Resort Club (“Laguna National”), the prestigious golf and country club known for its exceptional facilities and world-class services, has officially announced its strategic partnership with dtcpay.

25 Aug 2023 3 mins Read

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Singapore, 25 August 2023 – Laguna National Golf Resort Club (“Laguna National”), the prestigious golf and country club known for its exceptional facilities and world-class services, has officially announced its strategic partnership with dtcpay, a leading innovator in digital payment solutions.


This collaboration aims to enhance the overall experience for club members and guests by introducing cutting-edge digital payment options, including QR code payments and cryptocurrency transactions through the revolutionary dtcpay POS+ device.

 

Laguna National proudly stands as the pioneer, being the first golf club to introduce revolutionary digital payment methods encompassing QR code and cryptocurrency transactions. The club’s diligent approach is evident in patiently awaiting a secure platform that not only aligns with its high standards but also carries the endorsement of local authorities.

 

QR code payments and cryptocurrency transactions through the dtcpay POS+ device provide a seamless experience, eliminating the need for physical currency or credit cards. The process is not only convenient but also fortified with advanced security features, ensuring that every transaction is encrypted and protected. By incorporating dtcpay’s digital payment solutions, the club takes a step further in this direction. Especially for members residing overseas, the incorporation of cryptocurrency payments will bring forth substantial advantages, enabling them to conduct transactions in their chosen currency. This enhanced level of adaptability and ease not only reinforces the allegiance of existing members but also entices new individuals who are in search of modern payment alternatives.

 

The partnership between Laguna National and dtcpay marks a significant step forward in the realm of modern convenience and financial innovation. With the integration of dtcpay’s state-of-the-art payment technology, members and visitors alike will enjoy streamlined and secure payment experiences, aligning perfectly with Laguna National’s commitment to delivering unparalleled excellence.

Our decision to introduce cryptocurrency payments and expand our digital payment options is driven by a desire to offer our members greater flexibility and convenience. We have noticed an increasing demand from our members for alternative payment methods, and this strategic move aligns seamlessly with our mission to enhance their privileges and experiences. By adopting dtcpay’s innovative solutions, we aim to not only attract new members but also to provide existing members with a convenient payment experience that matches the exclusivity of our club.

Maggie Tuya

Director of Membership

“As a member of the Laguna National Golf Resort Club, I am thrilled to share more convenient methods for fellow members to pay for memberships, fees and purchases at The Shop using simplified QR Codes. At dtcpay, we believe in transforming the way transactions are conducted, and this collaboration exemplifies our commitment to that mission. Laguna National’s dedication to excellence and innovation resonates with our own values, and we are excited to work together to enhance the payment experience for their members and guests. We look forward to a successful partnership that will pave the way for a more seamless, secure, and convenient payment landscape for all of Singapore’s businesses,” said Kanny Lee, from dtcpay.

 

As the global landscape evolves in the digital era, the alliance between Laguna National and dtcpay underscores the club’s dedication to remaining at the cutting edge of innovation, while catering to the varied preferences and requirements of its diverse membership. This partnership sets the stage for a smooth shift towards a forthcoming era in which digital payment solutions assume a central position, offering unparalleled convenience, security, and sophistication to all patrons of the esteemed Laguna National establishment.

 

About Laguna National

 

Laguna National is a prestigious golf and country club situated in Singapore, renowned for its two championship 18-hole golf courses, luxurious amenities, and exceptional services. With a commitment to excellence and a tradition of delivering world-class experiences, Laguna National stands as a symbol of luxury, leisure, and elegance.

 

Both courses have won prestigious accolades and staged multiple professional championships on the European Tour, Asian Tour and Korean LPGA Tour. Laguna National also holds the distinction of being the first golf club in Singapore to host Tiger Woods.

 

Among dozens of awards, Laguna National has been included in the Top 100 Golf & Country Clubs in the past two editions of Platinum Clubs of the World, while the Masters Course was voted Singapore’s Best Golf Course in the World Golf Awards (2016) and The Nest won Golf Inc’s Golden Fork Award (2016) as Best New Private Club F&B (International).

About dtcpay

 

dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow revenues with increased acceptance rates across Fiat and cryptocurrency.  Our client’s customers benefit from frictionless payment experiences whether they are using our award-winning POS+ terminal in-store or using our online checkout.

 

Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) and offers Digital Payment Token (DPT) services.

 

Find out more at https://dtcpay.com/ 

 

 

 

 

Partnership

Fueling the Web3 Payment Transformation: Pro-Tac Motors Redefine Digital Payment Experiences

Singapore – 17 August, Singapore – Pro-Tac Motors and dtcpay have joined forces in a groundbreaking partnership aimed at delivering a seamless and secure digital payment experience to automotive enthusiasts and clients.

17 Aug 2023 3 mins Read

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Singapore – 17 August, Singapore – Pro-Tac Motors and dtcpay have joined forces in a groundbreaking partnership to deliver a seamless and secure digital payment experience to automotive enthusiasts and clients.


Pro-Tac Motors, a trailblazing force in the world of automobiles, has entered into a dynamic partnership with dtcpay, a leading innovator in the web3 payment landscape.

 

By seamlessly integrating dtcpay’s cutting-edge technology into Pro-Tac Motors’ ecosystem, clients will unlock a host of benefits, including enhanced security, unprecedented speed, ultimate convenience, and trailblazing innovation.

 

The collaboration between dtcpay and Pro-Tac Motors represents an exciting transformation in digital payment experiences. By integrating dtcpay’s advanced technology into Pro-Tac Motors’ operations, clients can expect enhanced security, faster transactions, ultimate convenience, and groundbreaking innovation. 

 

Blockchain technology ensures secure and transparent payments, while cryptocurrency accelerates transaction speeds, reducing waiting times. This partnership simplifies payments for purchasing vehicles, automotive services, and other offerings at Pro-Tac Galleria. Beyond the automotive industry, this union heralds innovation in various domains, forging a path towards a future filled with possibilities.

 

As this partnership evolves, we are poised to revolutionise the realm of digital payments, delivering a future where every interaction within the automotive world is characterised by seamlessness, security, and unparalleled efficiency.”

Damien Aw

Business Owner of Pro-Tac Motors

Kanny Lee, Group CEO of dtcpay, highlighted the company’s prominent position in the digital payment revolution, stating, “dtcpay leads the charge in this digital payment revolution, with our expertise in blockchain technology, cryptocurrency, and the creation of seamless payment solutions placing us as true industry trailblazers. This strategic partnership is an extension of our influence into the automotive sector, presenting exciting new avenues for innovation and customer-centric solutions.”

 

Pro-Tac Motors’ reputation for excellence and trustworthiness enhances dtcpay’s credibility in the eyes of potential clients. This trust is crucial in the digital payment industry, where security and reliability are paramount. By integrating dtcpay’s technology into Pro-Tac Motors’ ecosystem, dtcpay can contribute to an enhanced customer experience, offering seamless and secure payment options. The fusion of automotive and digital payment expertise opens the door to innovation not only within the automotive sector but also in other domains, broadening the scope of dtcpay’s impact.

About Pro-Tac Motors

 

Pro-Tac Motors was founded by Danny & Damien Aw, Who have been in the industry for a combined 40 years. Integrating Traditional and Modern concepts, Pro-Tac Motors business model is simple, to provide the best for our clients.

 

We started with a humble beginning of dealing with Pre-Loved Mass Consumer Vehicles, gaining the Product/Mechanical Knowledge and Client Confidence. Pro-Tac Motors has since evolved into a place where High End or Mass Consumer Clients can comfortably come to us to look for their Dream Car.

 

In the pursuit of serving our client better, we’ve been expanding into a few more arms of the industry. Forming the Pro-Tac Group:

 

  • Pro-Tac Motors
  • Pro-Tac Performance
  • Pro-Tac MotorWorks
  • Pro-Tac Armada
  • Pro-Tac Galleria

 

For more info, please visit us at https://www.protac.com.sg/ 

 

About dtcpay

 

dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow revenues with increased acceptance rates across Fiat and cryptocurrency.  Our client’s customers benefit from frictionless payment experiences whether they are using our award-winning POS+ terminal in-store or using our online checkout.

 

Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) and offers Digital Payment Token (DPT) services.

 

Find out more at https://dtcpay.com/ 

 

 

 

 

Partnership

Driving into the Future: Pitstop Tyres Enables Digital Payments in Singapore

Singapore – 11 August: Pitstop Tyres, Singapore’s leading automotive service provider, is thrilled to announce its groundbreaking collaboration with dtcpay, a leading digital payment solutions provider, to revolutionize the way customers experience transactions in the automotive service industry.

11 Aug 2023 3 mins Read

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Singapore – 11 August: Pitstop Tyres, Singapore’s leading automotive service provider, is thrilled to announce its groundbreaking collaboration with dtcpay, a leading digital payment solutions provider, to revolutionize the way customers experience transactions in the automotive service industry.


At the forefront of embracing innovation, Pitstop Tyres has always been dedicated to enhancing customer experiences through cutting-edge technologies. The strategic partnership with dtcpay is a testament to their commitment to staying ahead of the curve and providing valued customers with seamless, efficient, and secure payment options.

 

With the introduction of digital payments such as QR code payment and crypto payment solutions, Pitstop Tyres is redefining the landscape of automotive services. Bid farewell to the hassle of cash transactions and the inconvenience of card payments. With dtcpay’s lightning-fast transactions, customers can now focus on their automotive needs without any payment-related distractions, reducing wait times and streamlining the entire payment process.

 

Security is of utmost importance to Pitstop Tyres. With dtcpay’s adoption of the highest standards of security and robust encryption technology, customers can rest assured that their payment information remains confidential and protected at all times. Trust and safety are paramount, and this partnership ensures that customer transactions are safe and secure.

 

“The collaboration with dtcpay marks a significant milestone in the evolution of automotive services in Singapore. Together, we are ushering in a new era of convenience, security, and rewards for our customers,”

Cordillia Tan

2nd Gen Owner of Pitstop Tyres

Group CEO of dtcpay, Kanny Lee, shared their enthusiasm for the partnership, stating, “Pitstop Tyres’ commitment to innovation and customer satisfaction is truly inspiring. We are thrilled to be partnering with such a forward-thinking company in the automotive industry. Through this collaboration, we aim to bring our cutting-edge payment technologies to Pitstop Tyres’ customers, providing them with a seamless and secure payment experience that enhances their journey in the automotive world.”

 

The collaboration between Pitstop Tyres and dtcpay is set to elevate the automotive service industry to new heights, offering customers unrivaled convenience, efficiency, and peace of mind. Embracing this transformational partnership, both companies are poised to redefine the automotive service experience in Singapore and beyond.

 

About Pitstop Tyres

 

In 2009, Pitstop Tyres started as a small petrol station tyre and rims shop along Whitley Road in Caltex Station. We have since moved to Tagore Lane and we provide a large range of services from tyres, rims , to other workshop services such as oil servicing , replacement of engine parts and more.

 

Boss Edmund started Pitstop Tyres with 30 years of experience in rims & tyres manufacturing in Indonesia. Today, he is the most professional rim tuner in Singapore and is a fitment & offset specialist.

 

Pitstop Tyres innovates constantly to provide increased value for all our clients.

We started a variety of online media to showcase our offerings and educational videos. Led by Corillia (Edmund’s Daughter) and her media team, we hope to provide everyone with transparency, honesty and peace of mind when purchasing with us!

 

Visit us at https://pitstopautoclub.com/

About dtcpay

 

dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow revenues with increased acceptance rates across Fiat and cryptocurrency.  Our client’s customers benefit from frictionless payment experiences whether they are using our award-winning POS+ terminal in-store or using our online checkout.

 

Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) and offers Digital Payment Token (DPT) services.

 

Find out more at https://dtcpay.com/ 

 

 

 

 

Partnership

Singapore’s Largest Whiskey Museum Opens Up to Digital Payments

Singapore – 04 August 2023, 35A Scotts, the prestigious members-only club, is pleased to announce its partnership with dtcpay to provide digital payments.

4 Aug 2023 3 mins Read

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Singapore – 04 August 2023, 35A Scotts, the prestigious members-only club, is pleased to announce its partnership with dtcpay to provide digital payments. This collaboration is set to elevate the members’ experience, providing seamless and secure transactions with leading cryptocurrencies.


The integration of dtcpay’s robust crypto payment solutions enables 35A Scotts members to indulge in the club’s finest whisky collection, curated drinks, exquisite dining options, and premium cigars with ease and convenience. By embracing cryptocurrencies, 35A Scotts affirms its commitment to innovation and opens up new horizons for its exclusive community.

 

This partnership comes as no surprise, considering 35A Scotts’ legacy and the club’s deep-rooted connection with heritage. Located on Scotts Road, once a flourishing nutmeg plantation transformed by Captain William G. Scott, the club holds a storied history that pays homage to Singapore’s past while embracing its dynamic present.

 

“At 35A Scotts, we continuously strive to offer our esteemed members the best of the best.” With the growing interest in digital currencies, QR code payments and the members desire for convenience, we selected dtcpay to provide a seamless payment experience for purchases.”

Christopher B. de Lima

Chief Operating Officer of 35A Scotts

The decision to incorporate crypto payments is a strategic move by 35A Scotts to stay at the forefront of technology and cater to the evolving preferences of its discerning members. This partnership not only aligns with the club’s commitment to modernity but also reflects its dedication to creating an exclusive haven for those who appreciate life’s most exquisite offerings.

 

“Getting a chance to taste the world’s finest whiskeys that are even older than myself is a rare opportunity. By opening up to digital payments, members can more easily share this exquisite experience with their closest friends and guests” says Group CEO, Kanny Lee. 

 

For those seeking an extraordinary lifestyle marked by refinement and meaningful connections, joining 35A Scotts offers unparalleled experiences. The inclusion of simplified QR Code payments further enhances the exceptional privileges that members enjoy, providing a seamless fusion of heritage and technology.

About 35A Scotts

 

Welcome to 35A Scotts, an exquisite private club that embraces refined elegance and timeless sophistication. Our illustrious history traces back to 1836, when Captain William G. Scott founded this sanctuary as a place of congruence for the Harbour Master and his community in Singapore’s Scotts Road. Today, we stand as a beacon of exclusivity and camaraderie, dedicated to providing our esteemed members with an extraordinary range of bespoke and intimate services.

 

As a private club, we take pride in curating stimulating exchanges and professional relationships among like-minded individuals, where knowledge and inspiration flow freely. Our unparalleled hospitality ensures that every member experiences service excellence, where trust and integrity form the pillars of our interactions.

 

Immerse yourself in the world of luxury as we showcase the finest whiskies, cognacs, and cigars in Asia. Our extensive whisky museum boasts over 11,400 bottles of vintage whiskies, and exclusive members gain access to private whisky casks and aged selections. Experience the epitome of indulgence as we host spectacular events, offering private viewings of luxury items, including watches, high jewelry, and rare cars. Savour gastronomic delights crafted by Michelin chefs, accompanied by a curated collection of Bordeaux Classified wines and premium spirits.

 

At 35A Scotts, our colonial house stands as an opulent setting, providing the perfect platform for social and intellectual confluence. From intimate gatherings to momentous celebrations, we ensure that every experience within our prestigious club is etched with elegance, sophistication, and an air of exclusivity.

 

Embark on a remarkable journey of privileges and unparalleled experiences by becoming a member of 35A Scotts. Join our exclusive community that revels in refinement, meaningful connections, and the indulgence of life’s most exquisite offerings. Discover the extraordinary benefits that await you as a member.

 

Visit us at https://www.scotts35a.com/

About dtcpay

 

dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow revenues with increased acceptance rates across Fiat and cryptocurrency.  Our client’s customers benefit from frictionless payment experiences whether they are using our award-winning POS+ terminal in-store or using our online checkout.

 

Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) and offers Digital Payment Token (DPT) services.

 

Find out more at https://dtcpay.com/ 

 

 

 

 

Partnership

Embracing Cryptocurrency Payments for Luxury Watches at 33Club

dtcpay, a global digital payments provider licensed by the Monetary Authority of Singapore (MAS), today announces that it has been appointed by 33Club.

28 Jul 2023 3 mins Read

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Singapore – 28 July 2023, dtcpay, a licensed global digital payments provider under the Monetary Authority of Singapore (MAS), proudly announces its appointment by 33Club, an exclusive members-only community catering to Founders, CEOs, Entrepreneurs, and Investors – a visionary space for successful business owners leaving a lasting legacy. 33Club also partnered with an exclusive top-tier Web3 Community, ARC for its ‘Next Gen’ members category in legacies building.


In a strategic move to elevate their customer experience and streamline transactions, 33Club has integrated dtcpay’s cutting-edge digital payment solutions within its state-of-the-art golfing facilities. This partnership underscores dtcpay’s unwavering commitment to empowering businesses with seamless and secure payment solutions while affirming 33Club’s dedication to delivering exceptional service to its esteemed patrons. This also provides convenience to Web3-focused members such as the ARC community in their daily expenditures at 33Club.

 

By embracing cryptocurrency payments, 33Club opens the doors to a wealth of opportunities. This forward-thinking approach allows the company to cater to a burgeoning market of tech-savvy consumers who value alternative payment methods like Bitcoin, Ethereum, and others. Leveraging cryptocurrencies not only boosts customer engagement but also ensures secure and decentralized transactions, mitigating potential risks associated with fraud or chargebacks.

 

“Digital money is the new form of currency and were excited to have dtcpay support 33Club for digital payments”

Terence Ho

Co-Founder of 33Club

Regarding this significant alliance, Kanny Lee, the Group CEO of dtcpay, remarks, “As the demand for digital payments continues to surge, more service firms seek to provide seamless payment solutions to their global clientele. This partnership brings forth a range of advantages, including reduced transaction fees and expedited, highly secure processing.”

 

With this collaboration, dtcpay and 33Club mark a milestone in revolutionizing the digital payment landscape, offering a gateway to innovation and a seamless payment experience for discerning business leaders and entrepreneurs alike.

About 33Club

 

Welcome to 33Club, the epitome of luxury and exclusivity. As a distinguished haven for CEOs, founders, entrepreneurs, and investors, we curate an extraordinary environment where visionaries converge, connections are forged, and brilliance thrives. At 33Club, we understand the unique needs and aspirations of the elite, and our mission is to provide an unparalleled platform for personal and professional growth.

 

Within our opulent walls, you’ll discover a meticulously crafted ecosystem designed to inspire excellence in every facet of life. From lavish amenities and tailored services to curated events and exclusive networking opportunities, we ensure that every moment spent within 33 Club is nothing short of exceptional.

 

Step into a world where privacy and discretion reign supreme, fostering an atmosphere of trust and confidentiality. Engage in meaningful conversations with like-minded individuals, share insights, and form lifelong connections that transcend boundaries. Our esteemed members have access to a distinguished network of CEOs, founders, entrepreneurs, and investors, creating endless possibilities for collaboration, mentorship, and collective success.

 

At 33Club, we believe in the power of inspiration. Immerse yourself in an ambiance that stimulates creativity, innovation, and the pursuit of greatness. Gain exclusive insights from industry thought leaders, participate in thought-provoking discussions, and stay at the forefront of cutting-edge trends and opportunities.

 

Indulge in the finest luxuries and impeccable service that cater to your discerning tastes and preferences. Our dedicated team is committed to anticipating your every need, ensuring that your experience in 33Club is nothing short of extraordinary.

We invite you to become part of an elite community that defines the pinnacle of achievement and prestige. Embark on a journey of unparalleled success, where the boundaries of possibility are expanded and your ambitions are nurtured.

 

Welcome to 33Club, where luxury meets legacy, and extraordinary becomes the norm.

 

For more info, please visit https://33club.sg/

About dtcpay

 

dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow revenues with increased acceptance rates across Fiat and cryptocurrency.  Our client’s customers benefit from frictionless payment experiences whether they are using our award-winning POS+ terminal in-store or using our online checkout.

 

Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) and offers Digital Payment Token (DPT) services.

 

Find out more at https://dtcpay.com/ 

 

 

 

 

Partnership

dtcpay appointed as a digital payment service provider for Five Iron Golf

dtcpay appointed as a digital payment service provider for Five Iron Golf

18 Jul 2023 2 mins Read

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Singapore – 18 July 2023, dtcpay, a global digital payments provider licensed by the Monetary Authority of Singapore (MAS), today announces that it has been appointed by Five Iron Golf, a renowned urban golf entertainment company, to revolutionize their payment ecosystem.


Introduction

By integrating dtcpay’s cutting-edge digital payment solutions, Five Iron Golf aims to enhance the overall customer experience and streamline transactions at their state-of-the-art golfing facilities. This partnership underscores dtcpay’s commitment to empowering businesses with seamless and secure payment solutions, while reaffirming Five Iron Golf’s dedication to delivering exceptional service to their patrons.

 

By embracing cryptocurrency payments, Five Iron Golf can unlock a multitude of advantages. This forward-thinking approach enables the company to cater to a burgeoning market of tech-savvy consumers who value alternative payment methods such as Bitcoin, Ethereum, and others. Leveraging cryptocurrencies not only enhances customer engagement but also ensures secure and decentralized transactions, mitigating the potential risks associated with fraud or chargebacks.

“Cryptocurrencies facilitate swift transactions, eliminating the customary delays and intricacies inherent in traditional banking systems. The seamless and efficient nature of crypto payments holds the power to elevate the overall customer experience, ultimately fostering greater customer satisfaction and loyalty,”

Luca

Business Owner of Five Iron Golf

In reference to the collaboration, Kanny Lee, the Group CEO of dtcpay, said “As the demand for digital payments continues to surge, an increasing number of service firms are keen on providing seamless payment solutions to their global clientele. This partnership brings forth a range of advantages, including reduced transaction fees and expedited, highly secure processing.”

 

About Five Iron Golf

Five Iron Golf has quickly re-shaped golf culture in the United States and beyond, growing from our original New York location to a high-tech, inclusive urban golf experience internationally for golfers and non-golfers alike. With it’s opening in Singapore and tour-level TrackMan technology, Five Iron Golf stands apart as the best indoor golf simulator experience in Singapore helping the masses to get their swing on, the 5i way is about access to play, practice and party. With access to 1 on 1 private sessions with golf professionals, Five Iron Golf Singapore aims to bring out the golfer in everyone and craft unforgettable experiences. Come for the golf, stay for the experience. 

 

Five Iron Golf is located at 139 Cecil Street, level 13. 

 

For more info, please visit https://fiveirongolf.sg/ 

 

Media Contact: 

Contact : Mr Rukesh Varan

Mobile: +65 9611 8719

Email : rukesh@fiveirongolf.sg 

About dtcpay

 

dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow revenues with increased acceptance rates across Fiat and cryptocurrency.  Our client’s customers benefit from frictionless payment experiences whether they are using our award-winning POS+ terminal in-store or using our online checkout.

 

Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) and offers Digital Payment Token (DPT) services.

 

Find out more at https://dtcpay.com/