Tag: web3

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/

dtcpay has announced a partnership with PlatON, a privacy-preserving digital public infrastructure, and Tonghua International’s Allinpay International, a global FinTech payments solution.

The collaboration aims to revolutionise the digital payment landscape by jointly developing and launching a 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 its 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.

shared Alice Liu, Co-Founder & CEO at dtcpay

PlatON will play a crucial role as the technical support partner. By leveraging advanced privacy computing and blockchain technology, they will construct a core underlying infrastructure with 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. This enables merchants to embrace Web3 payments and attract a younger consumer base.

A senior spokesperson from Tonghua International, the parent company of Allinpay International, stated,

With a shared vision of enhancing the payment experience for users and merchants alike, the alliance of dtcpay with PlatON, and Allinpay International marks a step forward in next-level payment experiences to meet the ever-evolving needs of modern consumers.

Link to article – https://www.worldfinanceinforms.com/news/dtcpay-platon-allinpay-join-hands-to-launch-digital-currency-payment-system/

Dtcpay, formerly Digital Treasures Center, is MAS-registered and already provides some point-of-sale and online crypto payment services.

Singapore-based dtcpay is launching a payment system that will use fiat and cryptocurrencies for in-store and online payments. The company mentioned Tether USDT, Ether, and Bitcoin in its announcement.

The company is partnering with open-source blockchain PlatON for privacy-protected digital infrastructure and Allinpay International to create smart terminals and a digital interface. Both PlatOn and Allinpay are based in China. Dtcpay and Allinpay are registered with the Monetary Authority of Singapore (MAS) as major payment institutions.

A spokesman for Allinpay parent company Tonghua International said:

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

Dtcpay will exchange fiat and crypto and onboard new cryptocurrencies in the new service. It already provides point-of-sale and online checkout. In September, dtcpay concluded a deal with London-based Sumsub to provide Know Your Customer services for the dtcpay digital wallet and entered into an agreement with Singapore POS provider Jeripay to provide crypto payment services on its 8,000-terminal network.

Founded in 2019 and originally known as Digital Treasures Center, dtcpay was selected to participate in Mastercard’s Mastercard Start Path program for crypto and blockchain startups in November 2022. It received backing by the Pontiac Land Group real estate conglomerate in a pre-seed funding round in June.

Electronic payment is common in Singapore, which is considered to have progressive cryptocurrency regulation, including consumer protection. Coinbase and Ripple received major payment institution licensing from MAS in October. The city-state is also experimenting with central bank digital currency, but the MAS has stated that it sees “no urgent use case” for a retail CBDC.

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Link to article:

https://cointelegraph.com/news/singapore-startup-dtcpay-launches-retail-crypto-payments-system-with-chinese-partners

dtcpay, a significant player in the digital payments sector, has teamed up with PlatON, recognized for its pioneering efforts in privacy-preserving digital public infrastructure, and Tonghua International’s Allinpay International, a global FinTech payments solutions.

The collaboration between dtcpay, PlatON, and Allinpay International is primarily focused on launching an advanced digital currency payment system.

This innovative payment system will enable partners and merchants to accept both fiat and digital currencies, thus improving operational efficiency and attracting younger consumers.

The alliance underlines a shared vision to transform the global payments landscape, meeting the evolving demands of modern consumers. This strategic move is a significant step towards enhancing payment experiences for users and merchants worldwide.

dtcpay Co-Founder & CEO Alice Liu remarked, “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.”

Keep up with all the latest FinTech news here.

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Link to article:

dtcpay joins forces with PlatON and Allinpay to pioneer next-gen digital payment solutions

Singapore-based dtcpay is launching a payment system that will use fiat and cryptocurrencies for in-store and online payments. The company mentioned Tether (USDT), Ether (ETH) and Bitcoin (BTC) in its announcement.

The company is partnering with open-source blockchain PlatON for privacy-protected digital infrastructure and Allinpay International to create smart terminals and a digital interface. Both PlatOn and Allinpay are based in China. Dtcpay and Allinpay are registered with the Monetary Authority of Singapore (MAS) as major payment institutions.

Continue Reading on Cointelegraph

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Link to article:

https://www.investing.com/news/cryptocurrency-news/singapore-startup-dtcpay-launches-retail-crypto-payments-system-with-chinese-partners-3231348

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

Through this collaboration, the companies intend to improve the digital payment landscape by developing and launching a digital currency payment system that supports USDT, ETH, BTC, and other currencies. The system aims to provide global users with faster, more cost-efficient, and safer payment experiences.

The partnership’s objective

With the launch of the new system, dtcpay, PlatON, and Allinpay International intend to enable partners and merchants to accept payments in both fiat and digital currency, therefore enhancing operational efficiency and broadening the reach of their business to include younger customers. According to officials, dtcpay’s partnership with PlatON and Allinpay International supports the company’s commitment to providing secure and efficient digital payment solutions, as well as its plans to deliver more diverse and safe services.

By joining forces, dtcpay facilitates swift, simplified, and secure digital and fiat currency exchange, while PlatON leverages advanced privacy computing technology to develop the underlying technical infrastructure and Allinpay International provides smart terminals and online aggregate payment interfaces to eliminate entry issues to Web3 payments. Representatives stated that dtcpay’s commitment to regulatory compliance aims to ensure that customers can engage in digital transactions safely. PlatON’s role in the partnership also extends to offering technical support, thus ensuring a streamlined and secure payment experience for both users and merchants.

In addition to promoting the development of digital currency payments, Allinpay International aims to support merchants in adapting to the modern payment trend and meeting the requirements of younger customers. dtcpay’s suite of services includes multi-currency swaps, online checkouts, and in-store Point-of-Sale (POS) solutions. 

More information about dtcpay

As a regulated payment service provider, dtcpay offers solutions for merchants to expand their revenues with increased acceptance rates for fiat and cryptocurrency transactions. The company aims to provide its clients’ customers with simplified payment experiences by offering solutions such as POS+ terminal in-store and online checkout. Launched in 2019 in Singapore, dtcpay is licensed by the Major Payment Institution (MPI) under the Monetary Authority of Singapore (MAS) and provides Digital Payment Token (DPT) services.

At the end of September 2023, Sumsub, a global full-cycle verification platform, partnered with dtcpay to enhance the security and reliability of digital currency payments in target markets. The collaboration allowed Sumsub to integrate its e-KYC service into dtcpay’s wallet platform to simplify the onboarding process for customers who transact with businesses using the platform. The two companies intended to focus on target markets such as Singapore, Hong Kong, Dubai, the UK, and Europe. 

About PlatON and Allinpay International

Being an open financial infrastructure characterised by privacy computing, PlatON provides financial-level system stability, performance enhancements, privacy computing, compliant digital asset management, secret payment clearing solutions, and a user-friendly experience for a range of Web3 native applications.

Allinpay International is a global financial payment company that intends to provide diverse payment solutions and enhance digital financial technology services for merchants and customers worldwide. The company’s suite of services includes aggregate payments, global accounts, international remittances, and currency exchange, among others. Allinpay International’s main objective is to develop a business system centred around payment and accounts, with auxiliary financial services and technology scenario outputs. 

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Link to article:

https://thepaypers.com/digital-identity-security-online-fraud/dtcpay-partners-with-platon-and-allinpay-international–1265362

dtcpay has announced a partnership with PlatON, a privacy-preserving digital public infrastructure, and Tonghua International’s Allinpay International, a global FinTech payments solution.

The collaboration aims to revolutionise the digital payment landscape by jointly developing and launching a 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 its 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’s collaboration with PlatON and Allinpay International is a testament to our dedication to providing secure and efficient digital payment solutions. We look forward to this partnership enabling us to deliver even more diverse and secure payment solutions,” shared Alice Liu, Co-Founder & CEO at dtcpay.

PlatON will play a crucial role as the technical support partner. By leveraging advanced privacy computing and blockchain technology, they will construct a core underlying infrastructure with 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. This enables merchants to embrace Web3 payments and attract a younger consumer base.

A senior spokesperson from Tonghua International, the parent company of Allinpay International, stated, “We are very pleased to cooperate with industry leaders, PlatON and dtcpay. This cooperation will not only promote the development of digital currency payments but also help merchants better adapt to the modern payment trend and meet the needs of young consumers.”

With a shared vision of enhancing the payment experience for users and merchants alike, the alliance of dtcpay with PlatON, and Allinpay International marks a step forward in next-level payment experiences to meet the ever-evolving needs of modern consumers.

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Link to article:

dtcpay, PlatON & Allinpay join hands to launch digital currency payment system