dtcpay Partners with Mastercard Move to Power Faster, Simpler Global Transfers

dtcpay Partners with Mastercard Move to Power Faster, Simpler Global Transfers
dtcpay Partners with Mastercard Move to Power Faster, Simpler Global Transfers

Hey Payments Fanatic!

dtcpay has partnered with Mastercard Move to offer faster, more secure, and transparent international money transfers, launching June 2025.

Through this collaboration, dtcpay users can access 49+ payment corridors from Singapore to destinations including China, UAE, Malaysia, Switzerland, and EU markets.

Transfers will now be 60% faster within an hour, and 95% settle within 24 hours, a major upgrade over traditional wire transfers.

The partnership targets:

  • Businesses needing quicker vendor/employee payouts
  • Financial institutions via dtcpay’s robust API infrastructure
  • Frequent flyers seeking real-time, global finance management

Mastercard Move enhances the experience with trackable transfers, clear fees, and multiple payout options (bank, e-wallet, card, cash).

Together, dtcpay and Mastercard aim to simplify cross-border money movement and give users more control and better value, no matter where they’re sending or spending.

Read more global payment industry updates below 👇 and I'll be back with more tomorrow!

Cheers,

Marcel


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INSIGHTS

🇰🇷 Card payments remain the top choice of South Koreans. According to a survey of 3,500 adults conducted by the Bank of Korea, credit cards accounted for 46.2% of all transactions, while debit cards accounted for 16.4%. For international transactions, 89.2% of respondents who made overseas payments in the past reported using a credit card.


NEWS

🇺🇸 Sunbit selects Checkout.com to bolster acceptance rates and reduce processing costs. Through its relationship with Checkout.com, Sunbit has already experienced a six per cent increase in payment acceptance rates, which has enabled it to lower costs while creating a more positive consumer experience.

🇦🇷 How Bybit expanded its presence in the region through a partnership with Pomelo. Through Pomelo’s card issuance and processing technology, Bybit users can now use their digital assets for payments at any merchant that accepts Mastercard.

🇨🇱 Hites partners with Getnet to improve the customer payment experience across Chile. The partnership aims to provide a smooth, fast, and secure payment experience for customers while also improving operational efficiency for Hites’ internal teams. Getnet emphasizes that technology should serve both people and businesses.

🇨🇦 Canadian crypto firms struggle to create first local stablecoin. The CEO of Coinbase Canada, Lucas Matheson, stated that the industry has been seeking a champion in the federal government for stablecoin legislation, as the country typically relies on financial regulators in each of the 13 provinces rather than a single national agency.

🇬🇧 Neobank Revolut is actively exploring launching its stablecoin. The development comes amid a growing list of non-crypto companies now considering issuing their stablecoins as the regulatory environment shifts in the United States and around the world.

🇦🇪 FinTech firm DLocal secures licenses in the UAE, Turkey, and the Philippines. These new licenses contribute to dLocal's expanding portfolio, which includes over 30 licenses and registrations worldwide. Keep reading

🇬🇧 payabl. announces PrestaShop integration to support 250,000+ online merchants. It is designed to simplify and enhance e-commerce transactions. The solution aims to provide online merchants with a seamless checkout experience, boosting conversion rates and operational efficiency.

🌍 Visa appoints Tareq Muhmood as Regional President for Central and Eastern Europe, the Middle East, and Africa. In his new role, the established Visa leader will be responsible for leading operations across more than 86 innovative and fast-growing markets. 

🇦🇪 First Abu Dhabi Bank becomes the First MENA Bank to join CIPS as a direct participant. FAB’s direct participation in CIPS enhances its ability to provide clients with faster, more secure, and efficient cross-border RMB payment solutions, reinforcing its leadership in cash management and clearing across the MENA region.

🇬🇭 Onafriq and PAPSS to launch cross-border payments from Ghana. The partnership will empower small and mid-sized enterprises (SMEs) and individuals who traditionally face barriers in cross-border transactions by providing them with easier access to formal payment services.

🇦🇺 AUDC launches the Australian Digital Dollar AUDD stablecoin on the Hedera Network. AUDD can now be held, sent, and received by anyone using a Hedera-enabled digital wallet, offering seamless, real-time access to Australian dollar stablecoin payments. 

🇪🇬 Swypex launches Egypt’s first approval-based corporate card. The Approval-Based Limits Card allows finance teams to assign dynamic spending limits that remain locked until individual transactions are reviewed and approved. Swypex is licensed by the Central Bank of Egypt and backed by a $4 million seed round led by Accel.

🇬🇧 Ebury launches Ebury Connect for integrated and cross-border solutions. By leveraging Ebury’s API and other connectivity options, corporates can integrate Ebury’s financial features and manage complex cross-border payments automatically.

🌍 Mastercard teams up with enza to support FinTech advancement in Africa. Through this partnership, FinTech companies are set to be able to develop propositions on the enza platform that provide consumers and businesses with embedded Mastercard payment solutions capabilities.


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