ME News reports that on November 5 (UTC+8), DCS DeCard, a card and payment infrastructure platform under DCS Group, became a Mastercard issuer in Hong Kong. Simultaneously, DCS DeCard launched its new corporate card and expense management solution, DeCard Business Account, to help businesses gain clearer visibility and better control over corporate spending.
DeCard Business Account enables medium and large enterprises to issue Mastercard business cards and centrally manage business expenses through a single platform. The solution covers employee and operational expenditures, helping businesses manage costs, bills, invoices, and statements across various scenarios such as business travel, employee spending, advertising, media purchases, and corporate procurement. Initially, DeCard Business Account will offer USD-denominated business cards funded in USD. In the future, DCS DeCard plans to gradually expand DeCard Business Account to other markets and introduce new features, including treasury account management. (Source: Foresight News)