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Triple-A Powers Instant Crypto-to-Fiat Conversion for DCS Card Top-ups
DCS Card Centre has partnered with licensed digital currency payment provider Triple-A to allow customers to top up their virtual accounts using digital assets.
The new feature, available through the DCS Cards app, lets users instantly convert their crypto holdings into Singapore dollars and use the funds for bill payments or other card purchases.
Triple-A handles the conversion process, ensuring that DCS itself does not interact with the digital assets.
This move comes as the demand for crypto payment options grows, with over half a billion cryptocurrency owners globally.
It also reflects a broader trend of companies seeking to bridge the gap between traditional and digital finance.
The integration provides a secure and convenient way for DCS users to spend their digital currencies without being exposed to their volatility.
Eric Barbier, CEO of Triple-A, said,
“At Triple-A, we focus on bridging the gap between traditional and digital payments.
Our integration with DCS gives users an easy way to spend their digital currencies, while still seeing their balances in fiat right away.”
Lu Zhenwei, Managing Director of Commercial Cards, DCS Card Centre, said,
“Amid today’s dynamic payments landscape with ever-evolving customer needs, our partnership with Triple-A enables us to better serve customers seeking a seamless option for converting their digital assets into fiat, that can then be spent conveniently in the real world via their cards.
As a licensed provider, Triple-A’s solution also provides the robust controls and compliance with regulatory standards that ensure the security of this feature.”
SOURCE: Fintechnews