dtcPay, a Singapore-based digital payments solutions provider, has partnered with Mastercard Move, a global payments network operated by Mastercard, to revolutionise cross-border payments.
The collaboration aims to deliver faster, more transparent, and secure international money transfers for users and businesses alike, according to FF News.
The partnership enables dtcPay to leverage Mastercard Move’s expansive global infrastructure to improve the speed and reliability of cross-border payments.
With this collaboration, dtcPay users gain access to over 49 payment corridors originating from Singapore, covering destinations including China, the UAE, Indonesia, Malaysia, the Philippines, Switzerland, Thailand, Vietnam, and several EU countries.
dtcPay specialises in providing innovative digital payment solutions to individuals and institutions, including robust APIs for financial institutions, comprehensive business tools, and flexible options for frequent travellers.
The firm’s core mission revolves around driving widespread adoption of digital payment technologies with a focus on speed, transparency, and convenience.
Mastercard Move, part of Mastercard’s wider suite of financial services, supports domestic and international money transfers for banks, non-banking financial institutions, and direct disbursers. The platform spans more than 200 countries, supports over 150 currencies, and reaches nearly 10 billion endpoints — covering over 95% of the world’s banked population.
Through this integration, dtcPay can now offer cost-effective cross-border payments with impressive delivery metrics — 60% of payments are completed within an hour and 95% within 24 hours. Businesses benefit from significantly reduced payment times compared to traditional wire transfers, improving cash flow and operational efficiency.
Financial institutions using dtcPay’s services can now take advantage of a high-quality API infrastructure for secure and reliable international transactions. The offering is designed to help these institutions streamline their operations and provide superior service to clients.
For individuals, particularly frequent travellers, the partnership offers convenient, fast payments without the need for complex processes or high transaction volumes. Users enjoy transparent fees and flexible payout options including bank accounts, mobile wallets, cards, and cash.
This collaboration also supports dtcPay’s larger mission of accelerating digital payment adoption, providing users with a modern and efficient payment experience on a global scale.
dtcpay CEO & Co-Founder said, “At dtcpay, we are constantly pushing the boundaries of digital payments to ensure that our users enjoy the best-in-class experience. This collaboration with Mastercard Move is a significant milestone in achieving that goal. By enabling fast, transparent, and secure cross-border payments, we are not only improving the financial experience for our users but also empowering businesses, financial institutions, and individuals to thrive in an increasingly globalised world.”
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