Category: Media Feature

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Link to article:

https://coinmarketcap.com/community/articles/6551230613022457ee1988e6/

Dtcpay will allow the exchange of fiat and cryptocurrency and also integrate new cryptocurrencies into its service. The platform provides point-of-sale and online checkout services.

In September, Dtcpay partnered with London-based Sumsub to offer Know Your Customer services for its digital wallet. It also agreed with Singapore POS provider Jeripay to provide crypto payment services on its 8,000-terminal network.

Founded in 2019 as Digital Treasures Center, Dtcpay has been a Mastercard Start Path program participant for crypto and blockchain startups since November 2022. It secured pre-seed funding from the Pontiac Land Group real estate conglomerate in June.

Electronic payment is quite common in Singapore. The country has been recognized for its progressive regulations on cryptocurrency, with a particular emphasis on consumer protection. In October, both Coinbase and Ripple obtained major payment institution licenses from the Monetary Authority of Singapore.

Additionally, Singapore is currently exploring the use of central bank digital currency, although the MAS has noted that it does not currently see an immediate need for a retail CBDC.

Link to this article-

https://www.upyo.com/en/article/singapores-dtcpay-allows-crypto-as-payment-method

Singapore-based digital payments platform dtcpay has partnered with PlatON, and Allinpay International to launch a digital currency payment system based on smart terminals.

The new system will support Tether (USDT), Ethereum (ETH), Bitcoin (BTC), and other mainstream cryptocurrencies with the aim to empower partners and merchants to accept payments in both fiat and digital currency,

dtcpay will facilitate the seamless and secure digital currency and fiat currency exchange services, while PlatON will leverage advanced privacy computing technology to construct the underlying technical infrastructure.

Meanwhile, Allinpay International will provide smart terminals and online aggregate payment interfaces for Web 3.0 payments.

“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.”

said Alice Liu, Co-founder and CEO at dtcpay.

“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.”

said Anson Zeall, Lead Compliance Officer at dtcpay.

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Link to article:

dtcpay, PlatON, and Allinpay International Join Forces for Crypto Payments

Singapore-based dtcpay is launching a payment system that will use fiat and cryptocurrencies for in-store and online payments.

In its announcement, the corporation highlighted Bitcoin (BTC $37,190), Ether (ETH $2,078), and Tether (USDT $1.00). The business is collaborating with Allinpay International to develop smart terminals and a digital interface and with open-source blockchain PlatON to provide privacy-protected digital infrastructure.

Major payment institutions Dtcpay and Allinpay are registered with the Monetary Authority of Singapore (MAS). A representative for Tonghua International, the parent firm of Allinpay, stated:

“This cooperation will […] Help merchants better adapt to the modern payment trend and meet the needs of young consumers.”

Dtcpay will integrate new cryptocurrencies into the new service and swap fiat. Point-of-sale and online checkout are already offered. In September, dtcpay signed an arrangement with Singaporean point-of-sale company Jeripay to provide cryptocurrency payment services on its 8,000-terminal network, and it also secured a contract with London-based Sumsub to supply Know Your Customer services for the dtcpay digital wallet.

Dtcpay, founded in 2019 and formerly known as Digital Treasures Center, was chosen in November 2022 to participate in Mastercard’s Mastercard Start Path program for blockchain and cryptocurrency entrepreneurs. The real estate company Pontiac Land Group backed it in a pre-seed fundraising round in June.

Electronic payments are widespread in Singapore, which is thought to have proactive cryptocurrency legislation, including consumer protection. In October, MAS granted major payment institution licenses to Coinbase and Ripple.

The city-state is also experimenting with digital currency issued by the central bank, but according to the MAS, there is “no urgent use case” for a retail CBDC.

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Link to article:

Singapore Startup Dtcpay Launches Retail Crypto Payments System

Singapore-based dtcpay has announced a collaboration with Singaporean data-sharing platform PlatON and Chinese payments firm Allinpay International, marking the imminent launch of a digital currency payments system.

The trio is set to unveil a cutting-edge digital currency payment system, leveraging smart point of sale (POS) terminals supporting a range of currencies, including USDT, ETH and BTC. The primary goal of this partnership is to broaden the reach of digital payments, providing global users with faster, more cost-efficient and secure payment experiences.

The overarching objective of the collaboration is to empower partners and merchants to seamlessly accept payments in both fiat and digital currencies. By doing so, dtcpay, PlatON and Allinpay International aim to enhance operational efficiency, broaden business outreach and capture the attention of a younger customer base.

Officials emphasize that this venture aligns with dtcpay’s commitment to delivering secure and efficient digital payment solutions while diversifying its service offering.

A spokesperson for Tonghua International, Allinpay International’s parent company, stated:

The collaborative effort capitalizes on the strengths of each entity. dtcpay facilitates swift and secure digital and fiat currency exchange. PlatON contributes advanced privacy computing technology for robust technical infrastructure, while Allinpay International provides smart terminals and online aggregate payment interfaces, eliminating entry barriers relative to Web3 payments.

In addition to driving advancements in digital currency payments, Allinpay International seeks to support merchants in adapting to modern payment trends and meeting the preferences of younger customers. dtcpay’s comprehensive suite of services includes multi-currency swaps, online checkouts and in-store POS solutions, positioning the company as a one-stop solution for merchants embracing the future of payments.

Founded in 2019 in Singapore, dtcpay operates as a regulated payment service provider licensed by the Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS).

The company struck up a similar partnership in September, bringing crypto payments to the POS system of Jeripay, which has a network of 8,000 terminals in Singapore. In an interview earlier this year, the firm’s CEO Kanny Lee outlined that dtcpay had targeted Hong Kong and Dubai as markets in which the company plans to expand.

The collaboration’s momentum was further solidified at the end of September 2023 when dtcpay partnered with Sumsub, a global full-cycle verification platform. This partnership aimed to enhance the security and reliability of digital currency payments in target markets such as Singapore, Hong Kong, Dubai, the UK and Europe. Sumsub integrated its electronic Know Your Customer (e-KYC) service into dtcpay’s wallet platform, streamlining the onboarding process for customers engaging in transactions through the platform.

PlatON is an open financial infrastructure that features verifiable and privacy-preserving computation. It will endeavor to bring financial-level system stability and compliant digital asset management to the collaboration. Allinpay is a global financial payment company focused on providing diverse payment solutions while enhancing digital financial technology services globally.

Link to article –  https://coinness.com/en/news/1223

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

Together, they aim to enhance 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.”

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.”

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

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

Their 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.”

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.”

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.”

Link to this article-

https://www.crowdfundinsider.com/2023/11/215793-singapores-dtcpay-teams-up-with-platon-a-privacy-preserving-digital-public-infrastructure-provider/

Singapore-based dtcpay is set to launch a payment system that integrates fiat and cryptocurrencies for both in-store and online transactions. The company’s announcement specifically mentioned Tether, Ethereum, and Bitcoin as part of its cryptocurrency integration. Dtcpay is collaborating with PlatON, an open-source blockchain platform, to develop privacy-preserving digital infrastructure. Additionally, it is working with Allinpay International, based in China, to create smart terminals and digital interfaces for the payments system. Both dtcpay and Allinpay are significant payment institutions registered with the Monetary Authority of Singapore (MAS).

The partnership aims to enable merchants to better adapt to modern payment trends and meet the evolving needs of young consumers. Dtcpay’s new service will facilitate the exchange of both fiat currencies and cryptocurrencies, with plans to incorporate additional cryptocurrencies over time. The company already provides point-of-sale and online checkout services, and this expansion underscores its commitment to embracing diverse payment methods. Dtcpay had previously partnered with Sumsub in September to offer know-your-customer services for its digital wallet and collaborated with POS provider Jeripay to extend cryptocurrency payment services across a network of 8,000 terminals.

Founded in 2019 as Digital Treasures Center, dtcpay was selected to participate in Mastercard’s Startup Pathways program for cryptocurrency and blockchain startups in November 2022.

Link to article – https://bitkan.com/news/dtcpay-s-bold-move-revolutionizing-retail-crypto-payments-with-chinese-partners-21810

The cryptocurrency sector continues to integrate into our daily lives. In line with this, Singapore-based dtcpay has announced that it will launch a payment system that will use fiat and crypto assets for in-store and online payments. The company mentioned Tether, Ethereum, and Bitcoin in its announcement regarding the payment system.

In the announcement made by the company, it stated that it will establish a partnership with PlatON, an open-source blockchain network for privacy-focused crypto payment system infrastructure, and Allinpay International to create smart terminals and a digital interface. Both PlatON and Allinpay stand out for being China-based. Dtcpay and Allinpay are registered as major payment institutions with the Monetary Authority of Singapore (MAS). A spokesperson for Tonghua International, the parent company of Allinpay, stated the following in the announcement

Dtcpay will conduct fiat and crypto exchanges in the new service that will be offered and incorporate new cryptocurrencies into the system. It already offers point-of-sale and online payment services. In September, dtcpay signed an agreement with Sumsub, a London-based company, to provide Know Your Customer (KYC) services for dtcpay crypto wallet, and reached an agreement with Jeripay, a Singaporean POS provider, to provide crypto payment services on its network with 8,000 terminals.

Established in 2019 and initially known as Digital Treasures Center, dtcpay was selected to participate in Mastercard’s Mastercard Start Path program for crypto and blockchain ventures in November 2022. It also drew attention by receiving support from Pontiac Land Group real estate holding in a pre-seed funding round in June.

Link to this article-

https://en.coin-turk.com/singapore-based-dtcpay-to-launch-payment-system-with-fiat-and-crypto-assets/

In its quest to bolster this initiative, dtcpay has strategically partnered with PlatON, an open-source blockchain platform, to establish a privacy-protected digital infrastructure. Concurrently, the company has joined forces with Allinpay International, a China-based entity, to develop smart terminals and a digital interface, marking a collaborative effort in technological advancement. Notably, both PlatON and Allinpay hold registrations with the Monetary Authority of Singapore (MAS) as major payment institutions, emphasizing the commitment to regulatory compliance by dtcpay and its partners.

Allinpay International’s parent company, Tonghua International, expressed the collaborative venture as a means to assist merchants in adapting to modern payment trends, thereby meeting the dynamic needs of younger consumers. Dtcpay’s forthcoming payment service aims to facilitate seamless exchanges between fiat and cryptocurrencies, with plans to incorporate additional cryptocurrencies in the future. The company is no stranger to enhancing its offerings, having previously solidified agreements with London-based Sumsub in September to provide Know Your Customer (KYC) services for its digital wallet.

Link to article – https://www.cryptopolitan.com/singapore-dtcpay-crypto-payment-service/

Dtcpay (旧 Digital Treasures Center) は MAS に登録されており、すでにいくつかの POS およびオンライン暗号化支払いサービスを提供しています。

シンガポールに拠点を置く dtcpay は、店舗およびオンラインでの支払いに法定通貨と暗号通貨を使用する支払いシステムを開始します。同社は発表の中でテザー（USDT）、イーサ（ETH）、ビットコイン（BTC）について言及した。

同社は、プライバシー保護されたデジタルインフラストラクチャについてはオープンソースのブロックチェーンPlatONと提携し、スマート端末とデジタルインターフェイスの作成についてはAllinpay Internationalと提携している。 PlatOn と Allinpay はどちらも中国に拠点を置いています。 Dtcpay と Allinpay は、主要な決済機関としてシンガポール金融管理局 (MAS) に登録されています。

アリンペイの親会社通化国際の広報担当者は次のように述べた。

Dtcpay は法定通貨と暗号通貨を交換し、新しいサービスに新しい暗号通貨を搭載します。すでにPOSとオンラインチェックアウトを提供しています。 9月、dtcpayはロンドンに本拠を置くSumsubと、dtcpayデジタルウォレットに顧客確認サービスを提供する契約を締結し、シンガポールのPOSプロバイダーであるJeripayとその8,000端末ネットワーク上で暗号決済サービスを提供する契約を締結した。

2019年に設立され、当初はDigital Treasures Centerとして知られていたdtcpayは、2022年11月にマスターカードの暗号通貨およびブロックチェーンスタートアップ向けのマスターカード・スタート・パス・プログラムへの参加者に選ばれた。同社は、2019年のプレシード資金調達ラウンドで不動産複合企業ポンティアック・ランド・グループの支援を受けた。六月。

Dtcpay は先月、ポンティアック ランドのクウィー会長が率いるプレシリーズ A ラウンドで 1,650 万ドルを調達しました。この投資により、ポンティアック ランドの一部のホテルはまもなく暗号通貨での支払いを受け入れるようになる予定です。

Link to article – https://kawase-jp.com/%E3%82%B7%E3%83%B3%E3%82%AC%E3%83%9D%E3%83%BC%E3%83%AB%E3%81%AE%E6%96%B0%E8%88%88%E4%BC%81%E6%A5%ADdtcpay%E3%81%8C%E4%B8%AD%E5%9B%BD%E3%81%AE%E3%83%91%E3%83%BC%E3%83%88%E3%83%8A%E3%83%BC%E3%81%A8/