Singapore's dtcpay Launches Payment System for Fiat and Cryptocurrencies with Allinpay and PlatON Partnerships

Singapore-based payment system provider dtcpay is set to launch a new payment system that will allow for both fiat and cryptocurrency payments in-store and online. The system will support Tether (USDT), Ether (ETH), and Bitcoin (BTC), and will be developed in partnership with open-source blockchain platform PlatON and Chinese smart terminal and digital interface provider Allinpay International. Both dtcpay and Allinpay are registered with Singapore's Monetary Authority as major payment institutions. The new service will allow for the exchange of fiat and crypto, and dtcpay has already partnered with Sumsub and Jeripay to provide Know Your Customer services and crypto payment services, respectively.