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Payment and Card
Business Honor
12 July, 2025
DCS introduces stablecoin conversion card and explores digital contracts, unifying digital and fiat currencies allowing real-time, international transactions.
DCS Card Centre Pte. Ltd., earlier Diners Club Singapore, has adopted digital advancements as the payments sector is transformed by fintechs, superapps, and blockchain technology. Understanding the constantly shifting financial world, DCS is expanding its methods of payment beyond credit and charge cards. Web3 services that connect digital properties with traditional financial systems are an important part of this shift.
DCS has developed a card that allows users to quickly change stablecoins into Singapore dollars in order to remain up to date. As a result, customers can spend digital currencies in the same way they do with cash, while companies continue to be paid in fiat currency. In addition, DCS is studying programming tokens and digital contracts, that are systems that generate payments continuously in response to particular events. According to Dayna Leng, Chief Marketing Officer at DCS Card Centre, these technologies will be the future of unified financial systems that are being researched by banks like JPMorgan and DBS.
In an interview with Asian Banking & Finance, Leng stated that digital financial institutions and superapps like GrabPay and Shopee Pay contribute to the rapid development of the payment environment. "Having the ability to access stablecoins in cash with a physical card is an enormous step forward for Web3 customers," Leng stated. "It connects everyday financial transactions with distributed resources." By moving into Web3, DCS helps contribute to the shift instead of simply reacting to trends.
The gap between traditional and decentralized banking continues to shrink as customers demand payment methods that are quicker, easier to use, and flexible. According to DCS, the coming years will see digital and fiat currencies existing together, making real-time, international transactions possible.