DCS Innov has unveiled the iChange Debit Mastercard, a new financial product developed in collaboration with its first Cards-as-a-Service (CaaS) client, IBV Pte Ltd.
This innovative debit card, paired with a multi-currency wallet, allows users to hold and exchange over 40 major currencies on demand, marking a significant step in simplifying fintech enablement.
The iChange card is designed to provide seamless access to global payment infrastructure for fintechs, Web3 companies, and retailers. DCS Innov’s CaaS proposition, which includes licence sponsorship, API integration, and ongoing card operations support, enables clients like the Singapore-based IBV to focus on their core business without navigating complex payment ecosystems. “Our CaaS solution fast-tracked the development effort of such a typical product by more than 50%,” said Ceridwen Choo, CEO of DCS Innov.
The iChange Platinum Debit Mastercard offers features such as real-time rate comparisons, zero foreign exchange fees, and e-wallet integration, catering to global citizens and travellers. Suresh Parthasarathy, CEO of IBV, highlighted the collaboration’s success, stating, “Their expertise was instrumental in bringing our vision to market swiftly.”
DCS Innov aims to lead the embedded finance (EmFi) space, offering a pre-built mobile wallet and integrating regulatory compliance and operational scalability. This launch underscores DCS Innov’s commitment to transforming financial solutions for businesses and consumers, with ambitions to expand its footprint in the EmFi sector.
