Media OutReach
Enabling Mindful Spending: DeCard by DCS and Visa Offers Secure, Frictionless, Real-World Utility — Micro Credit Card Fueled by Fiat or Digital Assets
Through its dual access to TradFi and Web3 and high-limit flexibility, DeCard gives consumers and businesses smarter ways to tap into what they have while managing their cashflow
SINGAPORE – Media OutReach Newswire – 15 May 2025 – DCS Card Centre, a leading transformative financial institution that pioneered cashless payments as Diners Club Singapore, and Visa (NYSE: V), a global leader in digital payments, have jointly launched DeCard Visa card — a regulated micro credit card with a flexible and high limit, allowing users to top up via fiat or, alternatively, with digital assets. Designed to empower individuals to spend only what they already own, without taking on unnecessary financial risk, DeCard Visa card is a next-generation card that delivers flexibility, control, and transparency across both traditional and digital funding sources, all within a seamless and secure experience.
From left: George Jiang, Chief Product Officer, DCS; Dr. Cyrus Tong, Chief Compliance Officer, DCS; Lionel Lee, MD, Consumer Cards, DCS; Nischint Sanghavi, Head of Digital Currencies, Visa Asia Pacific; Adeline Kim, Visa Country Manager, Singapore & Brunei; Cheng Haoran, Chief Operating Officer, DCS; Elsa Qiu, Chief Commercial Officer, DCS; Dayna Leng, Chief Marketing Officer, DCS; Kerri Teo, Visa, Head of Sellers & Fintechs, Singapore & Brunei.
Meeting the Demands of Digital Growth and Informed Spending
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. At the same time, contactless credit, debit, and prepaid cards remain the most preferred payment method among Singaporeans at 34%, with the prepaid segment projected to reach over US$13 billion by 2028 — 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 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
Cost Effective Digital Asset Management
- 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)
Digital Wallet Ready
- Compatible with Google Pay and Apple Pay
Safe and Trusted
- Issued by DCS, a MAS-regulated financial institution under the Banking Act
*The calculation is based on a foreign transaction fee rate of 3.25%, which applies to the majority of credit cards in Singapore.
https://www.moneysmart.sg/credit-cards/overseas-spending
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.
Hashtag: #DCS #decard #web3 #digitalasset #defi #tradfi #web2 #digitallifestyle #digitalpayments #crypto #fiat
https://dcscc.com/
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https://x.com/TheDeCard
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https://www.instagram.com/dcscardcentre/
The issuer is solely responsible for the content of this announcement.
DCS Card Centre
DCS Card Centre, a subsidiary of DCS Fintech Holdings, is a leading transformative financial institution, rapidly advancing its fintech capabilities. We envision a world where users everywhere can easily and confidently access funds and assets to meet their daily needs and life moments, while embracing a responsible digital lifestyle. Our mission is to reinvent the global financial infrastructure, making payments inclusive and ubiquitous for everyone.
With over 50 years of banking heritage, DCS is a MAS-regulated card issuer operating under the Banking Act and the pioneer of cashless payments in Singapore as Diners Club Singapore. Building on a regulatory-first foundation, we are setting new standards in digital commerce, including bridging traditional (TradFi) and Web3 ecosystems. DCS is uniquely positioned to deliver innovative, secure, and trusted borderless digital payment solutions through a safe, compliant, scalable, and interconnected financial platform for consumers and businesses alike.
Learn more at www.dcscc.com
Visa
www.visa.com.sg 
Airalo and Compax have extended their partnership for another five years, ensuring Airalo continues to run on the powerful Compax backend platform. This technology allows Airalo to quickly launch and manage data plans across more than 200 destinations. By using the Compax real-time charging system, Airalo can accurately track data usage and set custom pricing independently, without having to rely on the technical systems of local phone carriers. This total control ensures that Airalo can offer its 20 million users the most flexible and competitive travel eSIM rates on the market.
Compax is proud to support Airalo as it continues to launch new products and services, ensuring its 20M+ customers can stay connected seamlessly across more than 200 destinations, regardless of their travel plans.
“At Airalo, our goal is to provide our customers with reliable connectivity and a seamless experience. Extending our partnership with Compax MVNE for another five years ensures we have the technical foundation to keep that promise,” explained Peter Nussbaumer, VP of Networks at Airalo. “Compax MVNE’s platform gives us the independence to launch new products and manage complex global data plans in real-time, allowing us to stay agile and focus on what matters most: keeping our 20 million users connected, no matter where their journey takes them.”
“The Airalo team set out to transform the way travelers enjoy connectivity abroad forever and they are not falling short on their goal. It’s an absolute pleasure for us to be a part of their journey and assist them on their mission. Connectivity is at the heart of everything we do in our modern ways of life and the Airalo offering is perfectly tuned to that beat.” said Werner Kohl, CEO of Compax.
Hashtag: #CompaxMVNE
The issuer is solely responsible for the content of this announcement.
About Compax
Compax is a leading BSS/OSS software provider for the telecommunications industry. Its business software suite covers the full spectrum required to cover areas such as DSL, FTTH, MVNO and related industries: Apps and portals for customer orders and selfcare, convergent product catalog, CPQ, order management, CRM, contact center, billing, accounting, payments, online charging, and retail management. Compax enables operators to bring new services, offers, and brands to market with a quick turnaround and covering B2B, B2C, and B2B2X scenarios. Relying on proven agile methodology, Compax successfully serves top brands around the globe.
About Airalo
Airalo, founded in 2019, is the world’s largest travel eSIM platform. Trusted by over 20 million travelers, Airalo offers eSIM packages in 200+ destinations, empowering users to connect to mobile networks worldwide instantly. With a remote team of over 300 people, spanning more than 50 countries, Airalo is committed to making mobile connectivity on the move easier, more affordable, and accessible to all.
Over 120 event days in first year of operation
HONG KONG SAR – Media OutReach Newswire – 2 March 2026 – Hong Kong’s Kai Tak Sports Park (KTSP) celebrated its milestone first anniversary on Sunday (1 March), successfully hosting nearly 50 major events and delivering over 120 international and local sports and entertainment days since its grand opening.
KTSP has established a unique identity as the city’s new “Home Venue” for major sports and entertainment events. Highlights have included the Hong Kong Sevens (rugby), the Hong Kong Football Festival featuring top teams such as Liverpool, AC Milan, Arsenal and Tottenham Hotspur, as well as concerts by British rock band Coldplay, Mandopop rock band Mayday, singer Jay Chou and global pop icons BLACKPINK.
Sports activities at the Park have welcomed more than 840,000 participants so far. In terms of sports activities, the three major facilities—Kai Tak Stadium, Kai Tak Arena and Kai Tak Youth Sports Ground—together with the bowling centre, outdoor sports facilities and open spaces in the precinct, are expected to surpass 200 event days from the Park’s opening through to the end of March 2026.
In the past year, the utilisation rates of the Kai Tak Stadium and Kai Tak Arena have reached close to 90%. Kai Tak Stadium has already attracted over 1.8 million attendees, rapidly becoming a powerful new driving force in advancing Hong Kong’s sports industry, events economy, and tourism development.
“Our first anniversary is not only a major milestone for Kai Tak Sports Park, but also a moment of pride for Hong Kong. Over the past year, we witnessed athletes’ determination, outstanding performances from artists, and the unforgettable energy of cheering audiences. Each event has touched and inspired us.
“As Hong Kong’s largest integrated sports, leisure and entertainment landmark, we are committed to bringing the community together while strengthening Hong Kong’s connection with the Greater Bay Area and the international stage,” said a spokesperson for KTSP.
The centerpiece 50,000-seat Kai Tak Stadium was ranked third in the world and top in Asia for total ticket sales in 2025 just nine months after its debut, according to Pollstar’s 2025 year-end stadium charts (published mid-December 2025). Pollstar also ranked Kai Tak Stadium No.5 worldwide and No.1 in Asia for total gross revenue (1.25 million passes worth US$191.34 million). Meanwhile, the 10,000-seat Kai Tak Arena, was ranked Asia’s No. 8 in terms of total gross revenue.
“Seeing the Park evolve over the past year into a major sports destination for Hong Kong has been incredibly inspiring,” said Hong Kong, China karatedo team former representative, Lee Chun Ho. “Every time I walk in, I can feel the energy. The professional facilities not only support large-scale events but also make it easier for the public to access different sports, whether they’re beginners or experienced enthusiasts.”
With an expanding line‑up of exciting events, enhanced visitor experiences and an increasingly compelling programme of global attractions, KTSP will further advance the integration of culture, sports and tourism, ushering in an even brighter and more vibrant chapter for Hong Kong.
Hashtag: #HongKong #BrandHongKong #KTSP #Sports #Entertainment #Landmark #MegaEvents
https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
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The issuer is solely responsible for the content of this announcement.
Award recipients are evaluated entirely based on independent performance data, including key indicators such as downloads, monthly active users (MAU), growth rates, in-app purchase revenue, and user engagement. These metrics reflect sustained operational effectiveness and performance over time. Green SM’s recognition not only marks a breakthrough for the brand but also demonstrates consistent growth and sufficient operational stability to be recognized at a regional level.
According to the published results, Green SM achieved 114.4% year-on-year MAU growth in 2025 and ranked No. 1 in downloads among EV-focused carpooling platforms in the region. This performance reflects steady expansion across the company’s operating markets, including Vietnam, Laos, Indonesia, and the Philippines.
Behind these growth figures lies a systematically built operational foundation. Green SM maintains that growth is only sustainable when accompanied by the ability to deliver consistent service quality across all operating markets. Scaling its electric fleet while ensuring a uniform and reliable user experience has remained a central priority throughout the company’s development.
This operational stability benefits both sides of the platform. Passengers experience transparent, dependable services, while the Green Driver community operates within a clearly structured, long-term-oriented work environment. For Green SM, growth and quality control are pursued in parallel as two core pillars of sustainable development.
Mr. Nguyen Van Thanh – Global CEO of Green SM stated: “Recognition through an independent data evaluation system affirms that the fully electric mobility model we are pursuing is on the right track. More important than growth speed is the trust we earn from users in every market where we operate. That trust motivates us to continuously refine our fully electric mobility model, ensuring stable operations, structured technology deployment, and sustainable long-term development.”
In the context of an increasingly competitive mobile application landscape, recognition grounded in independent performance data demonstrates that Green SM’s growth is built on a structured, scalable operational platform. The ability of an electric mobility model to achieve strong regional growth while maintaining consistent service quality confirms that this is no longer an experimental alternative, but a practical direction for modern urban transportation.
Previously, Green SM was also honored at the VnExpress Tech Awards 2025 with the titles “Outstanding Ride-Hailing App” and “Vietnamese Tech Brand of the Year,” and received the “CXP Best Customer Experience Award,” which recognized its implementation capabilities and consistent operational standards across the system.
Hashtag: #GreenSM
The issuer is solely responsible for the content of this announcement.
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