Singapore-based digital payments firm dtcpay has integrated its platform with Mastercard Move.

This gives customers access to the card network’s global money-movement infrastructure starting this month.

The tie-up opens access to more than 49 payment corridors for transfers originating in Singapore.

Payout destinations include mainland China, the United Arab Emirates, Indonesia, Malaysia, the Philippines, Switzerland, Thailand, Vietnam, and select markets across the European Union.

dtcpay said the collaboration will allow it to deliver tailored solutions that address the diverse needs of different user segments, while ensuring cost-effective and transparent services.

Typical processing times range from under an hour for 60 percent of transactions to within 24 hours for 95 percent.

Mastercard Move connects banks, non-bank financial institutions, and other payment providers to a network that spans over 200 countries, supports more than 150 currencies, and reaches nearly the entire banked population.

Its service offers end-to-end tracking, upfront fee visibility, and flexible payout options including bank accounts, digital wallets, payment cards, and cash-out locations.

dtcpay expects the integration to appeal to businesses managing overseas suppliers or payrolls, financial institutions in need of programmable APIs, and individuals who require fast and accessible international transfers.

Alice Liu, CEO & Co-Founder dtcpay, 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.”

Featured image: Edited by Fintech News Singapore, based on image by nitipong168 via Freepik