Digital payment provider based in Singapore dtcpay has partnered with Primer, a global payments infrastructure company, to simplify transactions between fiat currencies and stablecoins.
dtcpay recently announced The company announced that it will make a strategic shift to support only stablecoins in all payment services from January 2025.
This partnership aims to meet the growing demand for easy-to-use stablecoin payment options in Southeast Asia and the rest of the world.
Leveraging Primer’s technology, dtcpay offers customers a wide range of payment methods when converting fiat currencies into stablecoins, including traditional options such as credit and debit cards, Apple Pay, and Google Pay.
This partnership will enable dtcpay to expand its services to merchants and accept both fiat and stablecoin payments through its online checkout system. Primer makes dtcpay available as a payment method on its platform, allowing merchants to collect payments in stablecoins.
Known for its partnerships with luxury retailers and hotels, including Capella Hotel Group, dtcpay will adopt Primer’s infrastructure to serve the needs of high-net-worth individuals who want to seamlessly make payments using stablecoins.
With plans to expand into Europe, the Middle East and the United States, dtcpay relies on Primer’s global network, market knowledge and experience to support its rapidly growing business. This partnership highlights how merchants are increasingly viewing payments as a growth driver and are leveraging Primer’s integrated infrastructure to innovate, expand, and adapt to market demands.
Alice Liu, CEO and co-founder of dtcpay, said:
“The partnership with Primer allows dtcpay to enhance its offering for customers in key segments of luxury and hospitality, and for merchants whose customers increasingly demand payment in their preferred stablecoins. This will enable seamless and secure transactions.”
Primer provides the global reach, advanced payment capabilities and local market expertise needed to support our business in Southeast Asia and drive expansion into new markets. We are confident that this partnership will strengthen our position as one of the leading platforms for users to trade between fiat currencies and stablecoins. ”
Kailash Madan, Head of Global Sales at Primer, said:
“As alternative payments become increasingly mainstream, our partnership will make stablecoin payments more accessible and provide merchants and consumers with greater flexibility and choice in how and when they accept payments. As part of the partnership, we will make dtcpay available as a payment method on the Primer platform, allowing merchants to collect payments through stablecoins.
We look forward to strengthening our partnership with dtcpay as it expands globally, supported by the expertise of our global team. As merchants increasingly view payments as a growth driver, we’re focused on redefining what’s possible with a unified infrastructure that removes barriers. Seamlessly integrating the best tools and services gives sellers complete freedom to innovate, adapt, and scale. ”