DCS Card Center partners with licensed digital currency payment provider Triple A Allowing customers to replenish funds in their virtual accounts using digital assets.
The new feature, available through the DCS Card app, allows users to instantly convert their crypto holdings into Singapore dollars and use the funds to pay bills and make other card purchases.
Triple-A handles the conversion process, ensuring that the DCS itself does not interact with the digital assets.
The move comes as demand for crypto payment options grows with over 500 million cryptocurrency holders worldwide.
This reflects a broader trend of companies looking to bridge the gap between traditional and digital finance.
This integration will allow DCS users to safely and conveniently utilize digital currencies without being exposed to digital currency volatility.
Eric Barbier, CEO of Triple A, said:
“At Triple A, our focus is on bridging the gap between traditional and digital payments.
Our integration with DCS will enable our users to easily spend their digital currencies while instantly checking their fiat balances.”
Lu Zhenwei, Managing Director of Commercial Cards Division DCS Card Centersaid,
“In today’s dynamic payments environment where customer needs are constantly changing, our partnership with Triple-A will enable us to better serve customers who want the option to seamlessly convert their digital assets into fiat currency and conveniently spend them in the real world via their card.
As a licensed provider, Triple-A’s solution also offers strong controls that ensure the security of this capability and compliance with regulatory standards.”
