dtcpay provides digital payment functionality visa‘s global network gives you access to more than 130 million merchants in over 200 countries and regions.
The first phase of the partnership will include the launch of the dtcpay Visa Infinite card, which will enable access to a wide range of services, particularly for ultra-high net worth users. (Ultra-wealthy) It allows individuals to convert digital currencies such as stablecoins into fiat currency at real-time rates.
Public enrollment for the dtcpay Visa Infinite card is scheduled for Q4 2024.
Future phases will focus on developing additional global payment solutions. The ultra-rich individuals, businesses, and consumers.
The partnership aims to bridge traditional payments and digital currencies, enabling retailers to accept transactions from the growing segment. The ultra-rich customer.
dtcpay’s blockchain technology allows users to instantly convert digital currency into fiat currency, facilitating everyday transactions using their Visa Infinite cards.
“dtcpay’s mission is to bridge the gap between digital payments and traditional finance by enabling emerging digital currencies to be used and accepted in the mainstream financial system.
Strengthening this ambition with Visa’s commitment to innovation, our partnership will introduce new digital payment methods for businesses and individuals and enable dtcpay to drive mainstream acceptance of digital currencies.”
Alice Liu, CEO and co-founder, said: DTC Pay.
“Visa’s global reach combined with dtcpay’s Web 3.0 expertise will enable consumers and businesses using dtcpay to convert digital currency to fiat and make seamless digital payments.”
“We continue to redefine the payment experience for businesses and consumers, providing them with more choice, security and convenience when making contactless payments. More importantly, we provide a seamless payment experience, making it easy to pay and get paid.”
Adeline Kim, country manager, Singapore, Visa said:
Featured Image Credit: Free Pick
