Announcement,Partnership

dtcpay’s November Highlights

Read about dtcpay at the Singapore FinTech Festival 2024 and its latest partnerships with NETS SGQR+ and the LHoFT.

29 Nov 2024 4 mins Read

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November was a busy month for dtcpay as we made significant strides in our mission to redefine the future of payments. From showcasing groundbreaking innovations to securing new partnerships, our focus has remained clear: to provide seamless and sustainable payment solutions for individuals and businesses worldwide.


Here’s a look at the exciting developments and milestones from November:

1. Spotlight at the Singapore FinTech Festival 2024

This year’s Singapore FinTech Festival was an exciting event for dtcpay, where we had the opportunity to showcase some of our latest innovations in the world of digital payments. As a major player in the emerging Web3 payments space, we were thrilled to introduce our new Visa Infinite Card, which allows users to seamlessly convert stablecoins into traditional fiat currencies for spending at 130 million Visa acceptance locations worldwide. This card is a game-changer, enabling users to spend their digital assets across the globe with the convenience and flexibility of a traditional payment network.

Additionally, we highlighted the ease and convenience of our PayByLink solution, offering businesses another avenue to accept stablecoin payments via secure payment links. At the festival, we added a little extra fun to the mix with a PayByLink Lucky Draw, giving attendees a chance to experience firsthand the benefits of paying with stablecoins.

2. Partnership with NETS: A New Era for SGQR+

In another major announcement during the Singapore FinTech Festival, we were excited to reveal our new partnership with NETS, one of Singapore’s leading payment service providers. Through this collaboration, dtcpay has joined the SGQR+ initiative, a unified QR code system that enables consumers to make instant payments using their digital assets at 24,000 acceptance points across Singapore.

With this new integration, users can now seamlessly convert their stablecoins such as USDT or USDC, into fiat currencies, and make purchases at retail locations, cafes, and other establishments across the island. It’s another important step in our ongoing effort to bring digital asset payment solutions to the mainstream, making stablecoin usage as simple and accessible as using traditional fiat currencies.

3. Expanding Beyond Borders: Joining The LHoFT

Another exciting moment for dtcpay in November was becoming the first Major Payment Institution (MPI) in Singapore to join the Luxembourg House of Financial Technology (LHoFT) as a Fellow Member. This is a huge achievement for our team and marks a significant milestone in our expansion into the European fintech ecosystem.

 

The admission ceremony was held at the Singapore FinTech Festival, and was attended by key figures in the financial and fintech sectors, including Nasir Zubairi, CEO of LHoFT, and Luxembourg’s Minister of Finance, H.E. Gilles Roth.

This new membership strengthens our commitment to being a leader in the global digital payment space. By collaborating with other innovators and thought leaders in LHoFT’s expansive network, we’re looking forward to furthering the digitalization of financial services. As the world of payments continues to evolve, this partnership will provide new opportunities for cross-border collaborations and technological advancements that will shape the future of finance.

4. Expansion into Kuala Lumpur

In addition to our exciting partnerships and innovations, we’re also proud to share that dtcpay has officially opened its Kuala Lumpur office as part of our global expansion strategy. This new office is a significant step forward in our mission to provide round-the-clock customer support and faster response times to serve you even better.

As part of our expansion, we continue to build our presence and acquire the relevant licenses not only in Singapore and Hong Kong, but across key markets such as USA, UK, Luxembourg, and UAE. This global footprint is essential for us as we continue to pioneer new digital payment solutions for businesses and consumers alike.

5. Defining Tomorrow’s Payments, Today

At dtcpay, we are driven by our vision to make global transactions seamless and sustainable. As a regulated Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS), we are at the forefront of integrating stablecoin acceptance into traditional financial systems. Our innovative solutions — spanning payments, wallets, and cards — are designed to make it easier for businesses and individuals to interact with both stablecoins and fiat currencies.

 

Through our dtcpay Wallet, customers and merchants worldwide can now accept or transfer both stablecoins and fiat currencies, offering a level of flexibility and security unmatched by traditional payment systems. And with the upcoming dtcpay Visa Infinite Card, users can instantly swap their stablecoins for spending at over 200 countries and territories worldwide, making international payments more efficient than ever.

Thank You for Your Support

None of these achievements would be possible without the support of our dedicated team, partners, and customers. As we continue to break new ground in the digital payments space, we remain committed to pushing the boundaries of innovation and bringing you Tomorrow’s Payments, Today.

About dtcpay

dtcpay is a leading provider of digital payment solutions, pioneering the integration of stablecoin acceptance into traditional financial systems. With a vision to make global transactions seamless and sustainable, dtcpay empowers individuals and businesses to embrace the future of payments.

 

Learn more at dtcpay.com