dtcpay Digital Treasures Card
dtcpay · Visa Infinite
The dtcpay Digital Treasures Card is a Visa Infinite debit card issued by Digital Treasures Center Pte Ltd, a Major Payment Institution licensed by the Monetary Authority of Singapore (license PS20200531), that converts stablecoins (such as USDT and USDC) into fiat to spend at over 150 million merchants across 220 countries. Card issuance and annual use are free, and dtcpay states there is no additional FX markup on international transactions on its official site (a third-party source, todey.xyz, instead reports an international fee of up to 1.6%, a figure not confirmed by the issuer). There is no recurring cashback program: the value set to 0 reflects the absence of documentation on ongoing cashback (only occasional time-limited promotions). The ATM fee is documented as a flat charge (~$1.50 per transaction) rather than a percentage, so the atm_fee_pct field is omitted. The card is custodial and requires full KYC.
Data & conditions
| Network | Visa Infinite |
|---|---|
| Fund custody | Custodial (platform holds funds) |
| Issuance fee | Free |
| Annual fee | Free |
| Free ATM limit | Limiti di prelievo multi-valuta; in Singapore cap individuale ~10.000 USD/giorno |
| ATM withdrawal | Free |
| FX markup | 0% |
| Cashback | — |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 3/10 |
| Supported countries | APAC, EEA, UK · 220+ countries |
| Funding / solidity | Digital Treasures Center Pte Ltd (brand dtcpay), societa di pagamenti fintech con sede a Singapore, licenziata MAS come Major Payment Institution; ha lanciato la Digital Treasures Card a febbraio 2025 e ha espandito con controllate regolamentate nelle Americhe, a Hong Kong e in Medio Oriente. |
| Estimated net annual cost | €0/year |
| Regulator | MAS (Monetary Authority of Singapore) |
| Segment | B2C |
| Funding / solidity | Digital Treasures Center Pte Ltd (dtcpay brand) is a Singapore-based fintech payments company, licensed by the MAS as a Major Payment Institution; it launched the Digital Treasures Card in February 2025 and has expanded with regulated subsidiaries in the Americas, Hong Kong and the Middle East. |
| MiCA / License status | MAS Major Payment Institution (PS20200531) Licensed as a Major Payment Institution under Singapore's Payment Services Act (MAS license PS20200531) for Digital Payment Token and payment services. |
Strengths
- Issued by a MAS Singapore-licensed Major Payment Institution
- Free issuance and no annual fee, instant virtual card
- Usable at over 150 million merchants across 220 countries
- No notable sovereignty advantage documented.
Weaknesses
- Custodial model with full KYC, no on-chain settlement
- No documented recurring cashback
- ATM fee and FX markup terms are opaque and partly inconsistent across sources
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Licensed as a Major Payment Institution under Singapore's Payment Services Act (MAS license PS20200531) for Digital Payment Token and payment services.): reporting to authorities and freezes on order.
Verdict
Issuer regulated as a Major Payment Institution by the Monetary Authority of Singapore (license PS20200531), with strong supervisory oversight but funds not covered by bank-style deposit guarantee schemes.
Fully custodial model with full KYC and no on-chain settlement: the user does not retain direct control of the keys, low sovereignty.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Who issues the dtcpay Digital Treasures Card and is it regulated?
It is issued by Digital Treasures Center Pte Ltd, a Major Payment Institution licensed by the Monetary Authority of Singapore (license PS20200531), on the Visa Infinite network.
Does the dtcpay Card offer cashback?
No recurring cashback is documented, only occasional time-limited promotions, which is why the cashback value is set to 0.
Sources
- Official service page Fees · Payment network · Licenza · Paesi num · +2 Data verified on Jun 23, 2026
- acnnewswire.com Regulator · Regulatory framework · Azienda info Data verified on Jun 23, 2026
- prnewswire.com Issuer · Payment network · Regulatory framework Data verified on Jun 22, 2026
- todey.xyz Custodial · Fx · Atm · Regioni Data verified on Jun 22, 2026