Enabling Mindful Spending: DeCard by DCS and Visa Offers Secure, Frictionless, Real-World Utility — Micro Credit Card Fueled by Fiat or Digital Assets

In 2024, 26% of Singapore residents owned digital assets — up from 24.4% the year before — with over half having used them for payments and 67% planning to increase usage^[5]. At the same time, contactless credit, debit, and prepaid cards remain the most preferred payment method among Singaporeans at 34%^[6], with the prepaid segment projected to reach over US$13 billion by 2028^[7] — reflecting a strong consumer shift toward accessible, controlled spending options.

DeCard addresses both trends by offering a spend-what-you-have-model that helps users unlock their fiat or digital assets for everyday use without the burden of overspending. It provides an accessible and frictionless way for users to tap into existing value — without promoting new digital asset adoption.

Unlike traditional credit or debit cards, DeCard Visa card operates on a top-up model, where users fund the card through SGD transfers, with the option of using digital assets for those already active in the Web3 community.

DeCard Visa card allows these Web3 users to seamlessly convert USDT and USDC into fiat currency for local and global spending through MAS-licensed Digital Payment Token (DPT) service providers. These partners handle all token-to-fiat conversions in full alignment with Singapore's Payment Services Act for digital assets. Leveraging on Visa's extensive merchant network, DeCard holders can spend digital assets at over 150 million merchant^[8] locations worldwide. The process ensures secure, transparent transactions while adhering to local licensing standards and the MAS' guidelines on responsible innovation, operating within Singapore's financial framework.

With over 50 years of banking heritage, DCS is a MAS-regulated card issuer under the Banking Act and the pioneer of cashless payments in Singapore as Diners Club Singapore. DCS adheres to stringent banking standards and ensures bank-grade security, applying the same regulatory-first commitment when bridging Web2 and Web3 ecosystems — prioritising governance while enabling evolving digital behavior. The DeCard Visa card is part of DCS's broader strategy to drive secure, transparent efficiency and real-world digital utility for both traditional and Web3-aligned users.

"At DCS, we believe users should have more clarity and control over their spending — not less," said Elsa Qiu, Chief Commercial Officer at DCS Card Centre. "By enabling top-ups through fiat or digital assets, we're allowing both mainstream and Web3-savvy users to manage their money on their own terms — all within Singapore's trusted regulatory framework. Our partnership with Visa strengthens this commitment by combining global acceptance with secure, compliant innovation."

"We are proud to partner with DCS to launch a credit card in Singapore, that bridges traditional finance with digital assets. This innovation enables consumers to convert their stablecoins to fiat for their transactions, allowing seamless payments at any Visa-accepting merchant worldwide. This card programme represents a significant step towards an integrated financial ecosystem where stablecoins can be used for everyday commerce, giving consumers more options in how they access and use their digital assets, while maintaining the security and convenience that Visa can provide," said Nischint Sanghavi, Head of Digital Currencies – Asia Pacific.

Key highlights of DeCard Visa card include

Real-World Ready Funding Options

• Top-up via SGD transfers or select digital assets (via licensed partners)
• High flexible spending and top-up limit

• Competitive single conversion cost from digital assets to SGD, eliminating additional FX fees for local spending
• Over 50% savings on FX transaction fees compared to typical industry rates*
• No annual fees
• ATM withdrawal fee capped at SGD5 or 1% (whichever is lower)
• Cash withdrawals are available at ATMs worldwide (except Singapore)

• Compatible with Google Pay and Apple Pay

• Issued by DCS, a MAS-regulated financial institution under the Banking Act

The DeCard Visa card is foundational to reshaping and modernizing the incumbent payments landscape, starting with Singapore and a vision to scale internationally. Through this card product, DCS is committed to providing secure, flexible, and future-ready payment solutions, paving the way to bridge traditional finance and digital assets with everyday spending globally.

For more information about DeCard, visit: https://thedecard.com/dcscc/en^[10].

https://dcscc.com/^[11]https://www.linkedin.com/company/dcscc/^[12]https://x.com/TheDeCard^[13]https://www.facebook.com/dcscards^[14]https://www.instagram.com/dcscardcentre/^[15]

Hashtag: #DCS #decard #web3 #digitalasset #defi #tradfi #web2 #digitallifestyle #digitalpayments #crypto #fiat

The issuer is solely responsible for the content of this announcement.

References

1. ^{^} Media OutReach Newswire (www.media-outreach.com)
2. ^{^} DCS Card Centre (dcscc.com)
3. ^{^} Visa (www.visa.com.sg)
4. ^{^} DeCard (thedecard.com)
5. ^{^} 26% of Singapore residents owned digital assets — up from 24.4% the year before — with over half having used them for payments and 67% planning to increase usage (www.straitstimes.com)
6. ^{^} most preferred payment method among Singaporeans at 34% (www.hardwarezone.com.sg)
7. ^{^} prepaid segment projected to reach over US$13 billion by 2028 (www.globenewswire.com)
8. ^{^} over 150 million merchant (annualreport.visa.com)
9. ^{^} https://www.moneysmart.sg/credit-cards/overseas-spending (www.moneysmart.sg)
10. ^{^} https://thedecard.com/dcscc/en (thedecard.com)
11. ^{^} https://dcscc.com/ (dcscc.com)
12. ^{^} https://www.linkedin.com/company/dcscc/ (www.linkedin.com)
13. ^{^} https://x.com/TheDeCard (x.com)
14. ^{^} https://www.facebook.com/dcscards (www.facebook.com)
15. ^{^} https://www.instagram.com/dcscardcentre/ (www.instagram.com)