Singapore, 25 July 2025 — dtcpay has announced its participation in the SGQR scheme, operated by NETS. This partnership is another important step in bridging Web3 payments of stablecoins and fiat currencies with traditional businesses.

Through this integration, users will be able to make SGQR payments on the dtcpay app by using the Scan & Pay feature at participating merchants. The collaboration will help to provide dtcpay users with unparalleled flexibility and convenience by letting them spend their stablecoins and fiat currencies effortlessly, in addition to further strengthening the local merchant Web3 payment ecosystem while enhancing the overall customer experience.

For Customers:

• Pay using one unified SGQR code across multiple merchants.
• Choose between stablecoins or fiat—flexibility at your fingertips.
• Get real-time confirmation and transaction transparency.

For Merchants:

• Simplify operations with one QR code to accept many payment types.
• Tap into a growing base of stablecoin users.
• Enjoy faster settlements.

SGQR is a single standardized QR code for e-payments and combines multiple payment schemes into a single SGQR label. Consumers just need to look out for the SGQR label to see which payment options the merchant accepts, while merchants only need to display one SGQR label instead of many labels. The successful implementation of SGQR has led to a wide adoption rate across Singapore, with over 40,000 NETS acceptance points from established franchises such as Arnold’s Fried Chicken to smaller local hawker stalls.

By integrating SGQR with the dtcpay app, customers can enjoy unique key benefits on the platform, such as the ability to easily pay by scanning one SGQR code and choosing their preferred payment method. Additionally, they can enjoy quick and secure payments through instant confirmation and real-time notifications. For businesses, this has the potential to enhance operation efficiency by streamlining their payment process through a single QR code, reducing complexity and eliminating the need to manage multiple systems.

The collaboration between dtcpay and SGQR marks a game-changing development for the blockchain and payment industries. SGQR enhances local payment acceptance in Singapore through a unified QR code, while broader regional initiatives continue to pave the way for future interoperability with neighbouring countries. This growing connectivity will support dtcpay app users in enjoying more seamless payments across borders.

As a pioneering provider of blockchain payment solutions, our commitment is to further offer both businesses and consumers more flexibility by adding more ways to pay through our dtcpay app, as well as improving our core solutions:

• Payments: Enabling businesses to accept payments with both fiat and stablecoins, offering a seamless experience for merchants and customers.
• Wallets: Allowing users to store and transfer stablecoins and fiat currencies and securely withdraw funds.
• Cards: The dtcpay Visa Infinite card (released at the end of January 2025) supports multi-currency spending, enabling users to swap and spend both stablecoins and fiat currencies seamlessly.

Together with SGQR, dtcpay’s suite of solutions continues to provide a seamless experience for spending stablecoins across the region.

To mark Singapore’s 60th year of independence, dtcpay is rolling out exclusive SGQR campaign promotions from 28 July 2025 at 00:00 to to 31 October 2025 at 23:59 (UTC+8):

1. New User Welcome Gift
   • Sign up for a dtcpay account via the dtcpay mobile application.
   • Successfully complete identity verification.
   • Make their first deposit (any amount) before 31 October 2025 and receive SGD$6.
2. Weekly SGQR Discount
   • Receive SGD $6 off on one SGQR transaction per calendar week at participating merchants.
   • This promotion is redeemable weekly and can be combined with the new user welcome gift, giving users more value every time they scan and pay with dtcpay.
3. dtcpay Visa Debit Card First Top-Up Cashback
   • Sign up and activate the dtcpay Visa physical debit card.
   • Perform your first card top-up between 28 July and 31 October 2025.
   • Eligible users will instantly receive SGD $6 cashback credited directly to their dtcpay Visa card—perfect for your next spend.

*All campaign rewards are only applicable to fiat transactions.

To get started and receive the rewards, all you need to do is download the dtcpay app here.

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Media Contacts

marketing@dtcpay.com
dtcpay

dtcpay is a regulated Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS) to conduct Digital Payment Token (DPT) services and other payment services under the Payment Services Act (PSA). As a leading provider of digital payment solutions, we pioneer 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.