DCS DeCard Becomes a Mastercard Issuer in Hong Kong, Launches Corporate Cards for Businesses

DeCard Business Account to Simplify Corporate Spending

The new DeCard Business Account allows businesses to issue Mastercard corporate cards and manage company expenses from one platform. It brings together spending management, billing, invoices and statements, helping companies monitor employee and operational expenses.

The solution is designed for business requirements such as employee spending, business travel, advertising, media buying and procurement.

USD-Denominated Corporate Cards for Global Payments

At launch, the platform will offer US dollar-denominated corporate cards funded in US dollars. These cards will be accepted across Mastercard's global payment network, allowing businesses to use a single USD balance for payments across different markets.

The platform aims to give companies better visibility and control over their corporate spending while simplifying payment management.

DCS DeCard Plans Market Expansion and Treasury Services

DCS DeCard plans to expand DeCard Business Account into additional markets and introduce treasury account management capabilities in the future. The company aims to bring corporate card services, spending management and treasury operations together on one platform.

George Jiang, Head of DCS DeCard, said the Mastercard issuer status marks an important milestone for the company. He added that the new platform aims to simplify corporate spending by combining cards and spend management services.

Helena Chen, Senior Vice President and General Manager for Hong Kong and Macau at Mastercard, said the partnership combines Mastercard's global acceptance network with DCS DeCard's card-issuing expertise to provide businesses with more efficient and controlled payment solutions.

About DCS DeCard

DCS DeCard is a Singapore-based card and payments infrastructure platform powered by DCS Group. It provides card-issuing and payment solutions for businesses, partners and consumers.

Its Cards-as-a-Service (CaaS) offering helps partners launch and manage branded card programmes and QR payment solutions. The company also provides corporate card and spending management services through its DeCard Business Account.

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