Digital Treasures Center, a regulated and licensed payments service provider in Singapore, has rebranded itself as “dtcpay” to reflect its commitment towards digital payments. The company aims to bridge the gap between digital assets and traditional finance, helping businesses grow quickly by accepting payment methods that customers prefer, across both fiat and digital currencies.

dtcpay has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), and its expansion roadmap includes launching more fiat and digital currency pairings for its multi-currency swap product. Each merchant utilizes dtcpay POS+, as an all-in-one device that accepts various forms of digital payments: credit cards, QR code payments, digital currencies, etc.

Additionally, dtcpay has integrated with WeChat Pay to offer more convenient settlement for Chinese nationals.

The company has processed over S$50 million in transactions within the first quarter of 2023, and it aims to solidify its position in the APAC region by obtaining a license in Hong Kong, following its recent success in securing the MPI license from MAS.