Announcement

dtcpay Expands Regulated Payment Offerings with Card Launch

We are thrilled to announce a significant addition to our current suite of services, designed to elevate convenience and control for our valued clients. Today, we proudly unveil the “dtcpay Card,” a powerful new debit card that brings a range of user-centric features to the forefront of our regulated payment solutions.

15 Nov 2023 3 mins Read

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We are thrilled to announce a significant addition to our current suite of services, designed to elevate convenience and control for our valued clients. Today, we proudly unveil the “dtcpay Card,” a powerful new debit card that brings a range of user-centric features to the forefront of our regulated payment solutions.


“The new dtcpay Card reflects our dedication to providing innovative financial solutions within the framework of stringent regulations, ensuring our customers experience the highest standards of security and trust in their transactions.”

Anson Zeall

Head of Compliance

Key Features

 

    • Self-Control Limits & Self-Adjustable: Empowering users with financial autonomy.

 

    • Freeze and Unfreeze Anytime: Unprecedented control over card status.

 

    • Rebalance Anytime: Seamlessly manage and optimize your finances.

 

    • Cancel Anytime: Flexibility at your fingertips.

 

dtcpay Card is integrated with the Mastercard network with over 90 million acceptance locations worldwide, empowering dtcpay Card users with unparalleled control over their financial transactions.


Note: The dtcpay virtual card is currently available, with the physical card expected to launch in Q1 2024.

 

Continuing the Legacy of Secure and Efficient Transactions

This announcement follows our recent partnership with PlatON and Allinpay International, underscoring our commitment to transforming the future of payments. At dtcpay, we prioritize security in every transaction, and our collaboration with industry leaders further solidifies our position as a Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS).

 

Our comprehensive suite of services includes fast, low-cost, and secure multi-currency swaps, online checkouts, and in-store Point-of-Sale (POS) solutions. The dtcpay Card extends our commitment to regulatory compliance, ensuring peace of mind for customers engaging in digital transactions.

 

In summary, the launch of the dtcpay Card and our strategic partnerships exemplify our dedication to swift, secure, and seamless transactions. As we continue to add innovative products to our line of payment solutions, we remain focused on transforming the global payments landscape to enhance the experiences of our clients and partners alike.

Join dtcpay at the Singapore Fintech Festival 2023 (SFF Festival 2023)

 

dtcpay will be at the upcoming Singapore Fintech Festival from 15 – 17 November 2023. 

 

Visit us at booth #4C19 to experience live demonstrations of our cutting-edge payment solutions. See you there!

 

For media inquiries, please contact:

Ashlee Zhang, Marketing Manager

dtcpay

ashlee.zhang@dtcpay.com

 

About dtcpay

dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow their revenues with higher acceptance rates for Fiat and cryptocurrency transactions. 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,Partnership

Transforming the Future of Payments: dtcpay Announces Partnership with Fintech Leaders PlatON and Allinpay International

Hong Kong, November 08, 2023 – dtcpay is proud to announce our partnership with PlatON, a pioneer in privacy-preserving digital public infrastructure, and Tonghua International’s Allinpay International, a global Fintech payments solution.

9 Nov 2023 4 mins Read

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Hong Kong, November 08, 2023 – dtcpay is proud to announce our partnership with PlatON, a pioneer in privacy-preserving digital public infrastructure, and Tonghua International’s Allinpay International, a global Fintech payments solution.


“dtcpay’s collaboration with PlatON and Allinpay International is testament to our dedication in providing secure and efficient digital payment solutions. We look forward to this partnership enabling us to deliver even more diverse and secure payment solutions.”

Alice Liu

Co-Founder & CEO at dtcpay

This announcement comes in conjunction with Hong Kong Fintech Week, underscoring the significance of this strategic alliance.

 

Together, we aim to revolutionize the digital payment landscape by jointly developing and launching an innovative digital currency payment system based on smart terminals. This new system will support USDT, ETH, BTC and other mainstream currencies, providing global users with faster, more cost-effective and safer payment experiences.

 

The launch of this system will empower our partners and merchants to accept payments in both fiat and digital currency, significantly enhancing operational efficiency and broadening the reach of their business to include younger consumers.

TL ; DR

 

    • dtcpay, a regulated payment service provider, will facilitate swift, seamless and secure digital currency and fiat currency exchange serviceFitness 

 

    • PlatON, a public digital infrastructure platform, will leverage advanced privacy computing technology to construct the underlying technical infrastructure

 

    • Allinpay International, a globally recognized payments provider, will provide smart terminals and online aggregate payment interfaces to remove the barriers of entry to Web3 payments

 

 

dtcpay: Leading the Way in Digital Payments with Regulatory Compliance

 

As a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS), dtcpay prioritizes paramount importance on security in every transaction.

 

We are dedicated to empowering individuals and businesses with seamless and efficient value transfer, all while adhering to the most rigorous regulatory standards.

 

Our comprehensive suite of services includes fast, low-cost and secure multi-currency swaps (fiat-to-crypto and crypto-to-fiat), online checkouts as well as in-store Point-of-Sale (POS) solutions

 

dtcpay will lead the way in facilitating digital currency and fiat currency exchange services, bridging the gap for individuals and businesses seeking seamless and efficient value transfer.

“dtcpay’s unwavering commitment to regulatory compliance ensures that customers can engage in digital transactions with peace of mind. We are excited to be part of this transformative journey.”

Anson Zeall

Head of Compliance

PlatON: Revolutionizing Digital Infrastructure with Privacy Computing

 

PlatON, a digital public infrastructure provider, will play a crucial role as the technical support partner. By leveraging advanced privacy computing and blockchain technology, they will be able to construct a core underlying infrastructure with unparalleled efficiency, security, and scalability, ensuring a seamless and secure payment experience for both users and merchants.

“By joining forces with Allinpay International and dtcpay, we aim to drive innovation in the digital payments space while safeguarding user privacy.”

Senior Representative at PlatON

Allinpay International: Shaping the Future of Financial Payments

 

Allinpay International will introduce smart terminals and online aggregate payment interfaces to facilitate seamless integration of traditional and digital payments so users can enjoy a payment experience as convenient as traditional methods. This presents an exciting opportunity for merchants to embrace Web3 payments and attract a younger consumer base.

 

A senior spokesperson from Tonghua International, the parent company of Allinpay International, expressed their enthusiasm for this collaboration, stating, 

“We are very pleased to cooperate with industry leaders, PlatON and dtcpay. This cooperation will not only promote the development of digital currency payment but also help merchants better adapt to the modern payment trend and meet the needs of young consumers.”

This partnership signifies a momentous development for Web3 payments and heralds a new era in digital payments. Together, we aim to deliver an unprecedented payment experience to customers around the world.

 

The Road Ahead: Transforming the Global Payments Landscape

 

With a shared vision of enhancing the payment experience for users and merchants alike, our alliance with PlatON, and Allinpay International marks a step forward in next-level payment experiences to meet the ever-evolving needs of modern consumers.

 

Join dtcpay at the Singapore Fintech Festival 2023 (SFF Festival 2023)

 

dtcpay will be at the upcoming Singapore Fintech Festival from 15 – 17 November 2023. 

 

Visit us at booth #4C19 to experience live demonstrations of our cutting-edge payment solutions. See you there!

 

For media inquiries, please contact:

Ashlee Zhang, Marketing Manager

dtcpay

ashlee.zhang@dtcpay.com

 

About dtcpay

dtcpay is a regulated payment service provider that offers reliable solutions for merchants to grow their revenues with higher acceptance rates for Fiat and cryptocurrency transactions. 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 PlatON

PlatON, initiated and promoted by LatticeX Foundation, represents an open financial infrastructure characterized by privacy computing. The platform is committed to becoming the primary blockchain infrastructure for the Web3 era. Its comprehensive offerings include financial-level system stability, performance enhancements, privacy computing, compliant digital asset management, secret payment clearing solutions, and a user-friendly experience for a diverse range of Web3 native applications. PlatON is poised to provide a seamless transition for applications and users migrating from Web2 to Web3, making it a pivotal player in the digital landscape.

 

About Allinpay International

Allinpay International is a globally recognized financial payment company committed to providing diverse payment solutions and cutting-edge digital financial technology services for merchants and customers worldwide. Their business portfolio encompasses aggregate payment, global accounts, international remittances, currency exchange, and more. Their core mission is to create a business system centered around payment and accounts, with auxiliary financial services and technology scenario outputs.

 

Blog

Navigating the Future of Payments: Web3 Payment Solutions with dtcpay

Explore the evolution of digital payments and the promising world of Web3 payments, including their advantages and operational mechanisms. Discover why partnering with dtcpay is the key to embracing this transformative technology.

25 Oct 2023 3 mins Read

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Explore the evolution of digital payments and the promising world of Web3 payments, including their advantages and operational mechanisms. Discover why partnering with dtcpay is the key to embracing this transformative technology.


Introduction

In the fast-paced world of digital payments, traditional methods are rapidly evolving to accommodate innovative and secure solutions. One of the most promising developments is Web3 payments. In this 8-minute blog, we will explore the digital payment landscape, the compelling advantages of Web3 payments, major Web3 payment methods, their operational mechanisms, industry analysis, and why partnering with dtcpay is the key to embracing the world of Web3 payments.

 

Before we dive into the future, let’s take a moment to reflect on the roots of digital payments. Credit cards, bank transfers, and cash have been the norm for decades. However, these methods come with limitations such as security concerns, slow international transactions, and reliance on intermediaries like banks, paving the way for the emergence of Web3 payments.

The Promise of Web3 Payments

Web3, representing the third generation of the internet, focuses on decentralization and blockchain technology. This emphasis promises enhanced security, transparency, and efficiency in digital payments. Let’s explore why transitioning to Web3 payments makes sense.

 

Advantages of Web3 Payments:

 

  • Security: Web3 payments harness blockchain technology, which guarantees tamper-proof transactions and a significant reduction in fraud.
  • Transparency: Transactions on a public blockchain are visible to all, reducing the risk of disputes and ensuring accountability.
  • Efficiency: Web3 payments offer faster and more cost-effective cross-border transactions compared to traditional methods.
  • No Intermediaries: With Web3, peer-to-peer transactions eliminate the need for banks or payment processors.

 

Major Web3 Payment Methods:

 

  • Cryptocurrencies: Bitcoin, Ethereum, and other cryptocurrencies are popular for their speed and security, making them excellent choices for Web3 payments.
  • Smart Contracts: These self-executing contracts, found on blockchain platforms like Ethereum, automate payment processes, ensuring transparency and trust.
  • Decentralized Finance (DeFi): DeFi platforms allow users to earn, lend, and borrow while using Web3 payment methods.

Web3 payments are rooted in blockchain technology. When you initiate a payment, the transaction is recorded in a decentralized ledger, providing robust security and transparency. Smart contracts can automate payment processes, ensuring that funds are released only when predetermined conditions are met.

 

The digital payment industry is in a state of rapid evolution, with Web3 payments playing an increasingly pivotal role. As our world becomes more interconnected, the demand for secure, efficient, and borderless payment solutions intensifies. Leading financial institutions and businesses are actively exploring Web3 technologies, acknowledging their potential to revolutionize the industry. In the upcoming years, Web3 payments are expected to gain further traction, making it crucial for businesses to adapt.

Conclusion

dtcpay is perfectly positioned to be your trusted partner in the realm of Web3 payments. As a leading Web3 payment service provider, dtcpay offers an array of services and benefits:

 

  • Seamless Integration: dtcpay effortlessly incorporates Web3 payment options into your existing platform or e-commerce store, ensuring a smooth transition for both you and your customers.
  • Security: dtcpay places the utmost importance on the security of your transactions through robust encryption and adherence to industry standards.
  • Customer Support: dtcpay provides exceptional customer support to ensure that you can fully harness the advantages of Web3 payments without any complications.
  • Adaptability: dtcpay stays at the forefront of the latest trends and technologies in Web3 payments, ensuring that your payment solution remains up-to-date and efficient.

 

In the ever-evolving digital payment landscape, Web3 payments represent the future. By embracing the numerous advantages of Web3 payments, you can enhance security, transparency, and efficiency in your financial transactions. With dtcpay as your trusted payment partner, you can confidently navigate this transformative journey and offer your customers an unparalleled payment experience. Stay ahead of the curve and make the shift to Web3 payments with dtcpay as your companion.