DCS DeCard becomes a Mastercard issuer in Hong Kong, launches business card platform
DCS DeCard, the card and payment infrastructure platform under DCS Group, has become a Mastercard issuer in Hong Kong and has rolled out a new corporate card and spend management product called DeCard Business Account. The offering is aimed at mid-sized and large enterprises, allowing them to issue Mastercard corporate cards through a single platform while managing business spending in one place. According to the announcement carried by ChainCatcher, the product covers both employee and operating expenses and is designed to help companies handle costs, bills, invoices, and statements. The use cases listed include business travel, employee spending, advertising, media buying, and corporate procurement. In its initial phase, the platform will offer corporate cards denominated in U.S. dollars and funded in U.S. dollars. DCS DeCard also said it plans to expand DeCard Business Account into other markets over time and add new features, including fund account management.
