DCS DeCard, a Singapore-based card and payments infrastructure platform backed by DCS Group, said on November 2 it had become a Mastercard issuer in Hong Kong and was launching DeCard Business Account for mid-market and enterprise firms.

Launching first in Hong Kong, the product lets companies issue corporate cards and manage spending, billing, invoices, and statements on one platform.

At launch, it offers US dollar-denominated corporate cards funded in US dollars and accepted across Mastercard’s network.

DCS DeCard said it planned to expand DeCard Business Account to other markets and add treasury account management later.

The launch adds to Hong Kong’s market for business payments tools, where Airwallex published a comparison of its offering with Aspire’s for local businesses.

🔗 Source: DCS DeCard