The partnership between DSC Card Centre and Triple-A ensures that DCS users are shielded from the volatility of cryptocurrencies.
Triple-A, a licensed provider of digital currency payment solutions, has partnered with DCS Card Centre to provide an option for DCS cardmembers to top up their virtual accounts, named D-Vault, using digital assets.
The top-up amount increases the card spend limit and can be used for bill repayments. Triple-A manages the crypto-to-fiat conversion and instantly reflects the transferred fiat amount in the cardmember’s balance in SGD, with the process being fully operated by Triple-A
“At Triple-A, we focus on bridging the gap between traditional and digital payments,” said Eric Barbier, CEO of Triple-A. “Our integration with DCS gives users an easy way to spend their digital currencies, while still seeing their balances in fiat right away.”
With over half a billion cryptocurrency owners globally and 24.4% of Singapore’s population holding digital currencies, the demand for crypto payment options continues to grow. Earlier this year, Grab, Southeast Asia’s leading superapp, introduced digital currency top-ups, also powered by Triple-A.
Lu Zhenwei, Managing Director of Commercial Cards, DCS, states, “Amid today’s dynamic payments landscape with ever-evolving customer needs, our partnership with Triple-A enables us to better serve customers seeking a seamless option for converting their digital assets into fiat, that can then be spent conveniently in the real world via their cards. As a licensed provider, Triple-A’s solution also provides the robust controls and compliance with regulatory standards that ensure the security of this feature.”
This integration ensures that DCS users are shielded from the volatility of cryptocurrencies, as their top-ups are immediately converted into fiat. The partnership reflects both companies’ commitment to delivering secure and cutting-edge payment solutions.
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