dtcpay is integrating its digital payment capabilities into Visa’s global network, giving access to over 130 million merchants across more than 200 countries and territories.
The partnership’s first phase includes the launch of the dtcpay Visa Infinite card, allowing users—particularly ultra-high-net-worth (UHNW) individuals—to convert digital currencies like stablecoins into fiat at real-time rates.
Public registration for the dtcpay Visa Infinite card is expected in Q4 2024.
Future phases will focus on developing additional global payment solutions for UHNW individuals, businesses, and consumers.
This collaboration aims to bridge traditional payments with digital currencies, enabling merchants to accept transactions from a growing segment of UHNW customers.
dtcpay’s blockchain technology allows users to instantly convert digital currencies into fiat, facilitating everyday transactions with the Visa Infinite card.
“Our mission at dtcpay is to bridge the gap between digital payments and traditional finance through the enabling of emerging digital currencies to be used and accepted by mainstream financial systems.
By bolstering this ambition with Visa’s commitment to innovation, our partnership will introduce an additional digital payment avenue for businesses and individuals, enabling dtcpay to drive greater mainstream acceptance for digital currencies,”
said Alice Liu, CEO and Co-Founder, dtcpay.
“By combining Visa’s global reach with dtcpay’s Web 3.0 expertise, we are empowering consumers and businesses who use dtcpay to convert their digital currencies into fiat and make digital payments seamlessly.
We continue to redefine the payments experience for businesses and consumers, offering them greater choice, security, and convenience when they make contactless payments. More importantly, we empower them with a seamless payment experience and ensure it is easy for them to pay and be paid.”
said Adeline Kim, Country Manager, Singapore, Visa.
Featured image credit: Edited from Freepik
