Category: Announcement

• • 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.

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

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

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.

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.

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 

dtcpay, a leading Singapore-based cryptocurrency payment services provider, has unveiled its plans for a strategic expansion into Hong Kong. The company’s move comes as part of its ongoing commitment to revolutionize the digital payment landscape and enable seamless transactions with cryptocurrencies.

The decision to expand into Hong Kong follows dtcpay’s remarkable success in Singapore, where it has quickly established itself as a prominent player in the crypto payment industry. With its cutting-edge technology and user-friendly platform, dtcpay has gained significant traction and trust from both merchants and consumers.

The expansion into Hong Kong, one of Asia’s leading financial hubs, marks a milestone in dtcpay’s journey towards making cryptocurrencies more accessible and convenient for users. By entering this dynamic market, dtcpay aims to provide Hong Kong’s businesses and individuals with an efficient, secure, and cost-effective solution for processing crypto payments.

dtcpay’s platform enables merchants to accept a wide range of cryptocurrencies, catering to the diverse preferences of customers. By facilitating frictionless transactions in cryptocurrencies, dtcpay seeks to bridge the gap between traditional financial systems and the rapidly evolving world of digital currencies.

For media-related queries, please contact:

Email: marketing@dtcpay.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 benefit from frictionless payment experiences, whether they are interacting with our POS+ terminal in-store or via ecommerce online. dtcpay was recognized as the best cryptocurrency payment company by APAC Insider and selected for the Mastercard Start Path program

Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) with services offered offered including Account Issuance, Domestic Money Transfer, Cross-Border Money Transfer, Merchant Acquisition, E-money Issuance and Digital Payment Token (DPT) services. 

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

LinkedIn: https://www.linkedin.com/company/dtcpay/  

Twitter: https://twitter.com/dtc_pay

One of Singapore’s most influential conglomerate family business owners, Mr Kwee Liong Tek, Chairman of Pontiac Land Group, led this round. The funding will further invest in product development, building more robust operations / infrastructure capabilities, and expanding dtcpay’s global presence.

dtcpay provides seamless conversion of fiat and digital currencies in a single platform by a regulated trusted provider. This enables merchant businesses to grow their customer base by accepting more payment types with a quick and easy settlement process. Consumers have gravitated towards the simplicity of QR code payments, enabling more choices for their preferred payment method to be used. dtcpay’s vision is to streamline the payment experience making it easy for consumers to interact with digital currencies bridging the gap between traditional businesses to web3.

Mr Kwee Liong Tek, Chairman of Pontiac Land Group, led dtcpay’s pre-Series A funding round, highlighting the promising future of digital payments. Pontiac Land Group is a luxury real estate developer, owner and operator of properties including Capella Hotel Group and Millenia Singapore which includes the Ritz-Carlton and Conrad Hotels in Singapore. The Group’s assets under management is in excess of SGD10 billion across hospitality, mixed-used, commercial and residential developments spanning across Singapore, New York, Sydney and the Maldives. The other investors in this funding round include David Tung, former Managing Director/ Partner of The Carlyle Group, Jean Marc Poullet Chairman Asia, BURGESS and ex Senior Partner, McKinsey & Co, Tham Sai Choy former KPMG Singapore and Asia Pacific Chairman.

“dtcpay has demonstrated remarkable growth prospects and aligns with our investment strategy” says John Tay, representing Mr Kwee’s investment vehicle.  “From the moment we met with the dtcpay team, we saw their commitment to the regulated financial markets as fully licensed payments provider that could integrate well with our international portfolio of leading hospitality brands bringing them into the web3 economy”

In 2023, the company rebranded to dtcpay and appointed Kanny Lee as Group CEO with market expansion goals that tap into areas such as cross-border payments and to serve nascent web3 businesses.

dtcpay is a leading payment service provider headquartered in Singapore that offers reliable payment processing while transacting across both fiat and digital currencies. dtcpay was founded in 2019 by Alice Liu and her classmate who met while studying at the National University of Singapore. 

As a licensed Major Payment Institution (MPI) regulated by the Monetary Authority of Singapore (MAS), dtcpay has become a trusted partner for businesses entering the digital economy.

For media-related queries, please contact:

Email: marketing@dtcpay.com

About Mr Kwee Liong Tek, 

Mr Kwee Liong Tek is the Chairman of Pontiac Land Group, a privately held luxury real estate developer, owner and operator in Singapore. The group’s assets span hospitality, mixed-use, commercial and residential developments in Singapore, New York, Sydney and the Maldives, including the leading hospitality management company Capella Hotel Group as a wholly owned subsidiary. 

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 benefit from frictionless payment experiences, whether they are interacting with our POS+ terminal in-store or via ecommerce online. dtcpay was recognized as the best cryptocurrency payment company by APAC Insider and selected for the Mastercard Start Path program

Founded in 2019 in Singapore, dtcpay is a licensed Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) with services offered offered including Account Issuance, Domestic Money Transfer, Cross-Border Money Transfer, Merchant Acquisition, E-money Issuance and Digital Payment Token (DPT) services. 

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

LinkedIn: https://www.linkedin.com/company/dtcpay/  

Twitter: https://twitter.com/dtc_pay

16 May, 2023, global payment provider dtcpay has launched a new payment acceptance service in Singapore with WeChat Pay, allowing merchants to add WeChat Pay as an alternative payment option on their e-commerce platform and on dtcpay POS+ device where merchants can accept crypto payments and WeChat Pay as well. The new offering will provide merchants global access to over 800 million Chinese consumers on WeChat Pay, enabling them to tamp into a key Asian marketplace of active shoppers. 

WeChat is one of the largest social media platforms in the world with 1.2 billion monthly active users, and its pay function (WeChat Pay) allows its users to seamlessly make payments in their local currency for their purchases. WeChat Pay handles over one billion transactions globally daily, demonstrating the regular spending habits of its users. 

On dtcpay wallet platform, merchants can view, track and manage their WeChat Pay transactions, download settlement reports, as well as issue refunds to deliver a seamless customer experience. 

Today’s announcement is a major milestone in dtcpay and WeChat Pay’s partnership and adding a payment acceptance solution to the dtcpay product portfolio is an important next step to enhancing our all-in-one digital payment solutions.

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 solution.

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. We have expanded our global footprint with regulated subsidiaries in the Americas, Hong Kong and the Middle East.

Find out more at https://dtcpay.com/ 

April 26, 2023 – dtcpay, a regulated payment service provider that offers reliable solutions for merchants to grow revenues with increased acceptance rates across fiat and cryptocurrency, officially opened its new office in Singapore’s CBD.

The new office, located at Cecil Street, aims to develop local talent and partnerships with companies by providing seamless digital payment solutions for merchants across different industries. As part of the launch, distinguished guests such as Mr. Lee Yi Shyan, Chairman of Business China Singapore; Mr. Kwee Liong Tek, Chairman of the Pontiac Land Group; Mr. Jean-Marc Poullet, Chairman Asia Burgess; Ms. Serena Choo, CEO of Bedrock Trust; Mr. Basil Lui, Advisor of EDBI; Mr. Stephen Lee, Director of Temasek Holdings; Mr. Chia Hock Lai, Chairman of the Singapore Blockchain Association; and Mr. Wang Qing Dong, Executive Director of Taisan Asset Management was present at the opening. 

Earlier, dtcpay rebranded to emphasize its commitment to digital payments and bridge the gap between digital assets and traditional finance. The rebranding aligns with the appointment of Kanny Lee, a Web3 thought leader, as Group CEO and marks the start of an expansion strategy. In addition, dtcpay is poised for growth as it expands operations in Hong Kong, leveraging the region’s surging digital payment adoption and strategic position as a gateway to the world’s largest consumer market. Securing relevant licenses in Hong Kong will enhance dtcpay’s APAC presence, unlocking China’s vast market and potential CBDC opportunities.

Today, dtcpay provides digital payment solutions for businesses around the world with multi-currency swap, online payments, in-store payments, and crypto payments in a single solution that helps individuals and businesses conduct value transfers in a seamless and efficient way.

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 clients’ customers benefit from frictionless payment experiences, whether they are using our award-winning POS+ terminal in-store or using our online checkout solution.

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. We have expanded our global footprint with regulated subsidiaries in the Americas, Hong Kong, and the Middle East.

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