DeCard Visa card aims to deliver flexibility, control, and transparency across both traditional and digital funding sources.
DCS Card Centre, a subsidiary of DCS Fintech Holdings, have jointly launched the DeCard Visa card together with Visa.
Designed to empower individuals, the DeCard Visa Card is a regulated micro credit card with a flexible limit that allows users to top up with fiat or digital assets.
In 2024, 26% of Singaporean residents owned digital assets, with over half having used them for payments and 67% planning to increase usage. Contactless credit, debit, and prepaid cards remain the most preferred payment method among Singaporeans at 34%.
DeCard addresses both trends by offering a spend-what-you-have-model that unlocks fiat or digital assets for everyday use, without the burden of overspending.
DeCard Visa card allows Web3 users to convert USDT and USDC into fiat currency for local and global spending through MAS-licensed Digital Payment Token (DPT) service providers. Leveraging on Visa’s extensive merchant network, DeCard holders can spend digital assets at over 150 million merchant locations worldwide.
Key benefits of the DeCard Visa Card include top-up via SGD transfers or select digital assets, over 50% savings on FX transaction fees, cash withdrawals at ATMs worldwide, and is compatible with Google Pay and Apple Pay.
“By enabling top-ups through fiat or digital assets, we’re allowing both mainstream and Web3-savvy users to manage their money on their own terms — all within Singapore’s trusted regulatory framework. Our partnership with Visa strengthens this commitment by combining global acceptance with secure, compliant innovation.” said Elsa Qiu, Chief Commercial Officer at DCS Card Centre.
Nischint Sanghavi, Head of Digital Currencies – Asia Pacific, said: “This card programme represents a significant step towards an integrated financial ecosystem where stablecoins can be used for everyday commerce, giving consumers more options in how they access and use their digital assets, while maintaining the security and convenience that Visa can provide.”
Stay updated on the crypto space by following our socials
