dtcpay

dtcpay is a Singapore-based payment company that provides digital payment solutions for businesses worldwide. Founded in 2019, the company offers a comprehensive suite of services including multi-currency swaps, online payments, in-store payments, and crypto payments in a single solution. dtcpay's technology enables businesses to process transactions using both fiat and cryptocurrencies, supporting tokens such as Tether (USDT), Ether (ETH), and Bitcoin (BTC). The company's platform allows merchants to accept crypto or card payments and receive payouts in their preferred fiat currencies.

dtcpay's product offerings include a point-of-sale (POS) device called POS+, which allows merchants to process card, QR code, and crypto payments seamlessly. In May 2021, dtcpay launched the first regulated crypto acceptance in-store POS+ device. The company also provides online payment processing solutions, enabling businesses to access local payment methods and increase conversion rates while minimizing cart abandonment. In April 2024, dtcpay introduced the dtcpay Card, enabling multi-currency spending at over 100 million locations worldwide.

In August 2022, dtcpay secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS) to provide Digital Payment Token (DPT) and other payment services under the Payment Services Act (PSA). The company has expanded its presence beyond Singapore, establishing operations in Hong Kong in December 2022 and opening an office in Kuala Lumpur in May 2024 to provide round-the-clock customer support.

Key customers and partnerships

The company has collaborated with open-source blockchain PlatON for privacy-protected digital infrastructure and Allinpay International to create smart terminals and a digital interface. In Singapore, dtcpay has partnered with automotive companies such as Cars and Coffee and DM Autohaus to enable crypto payments for car purchases. As of November 2023, dtcpay had acquired approximately 12 merchants and was expecting to onboard up to 100 by the end of that year.