DCS DeCard, a card and payment infrastructure platform under DCS Group, has become a Mastercard issuer in Hong Kong and launched DeCard Business Account, a corporate card and expense management solution. According to Foresight News, the service is designed for medium-sized and large enterprises to issue Mastercard corporate cards through a single platform and centrally manage business expenses.
The solution covers employee and operating expenses, including expense claims, bills, invoices, and statements. It is intended for business travel, employee spending, advertising, media purchases, and corporate procurement. The initial offering will provide corporate cards denominated and funded in U.S. dollars.
DCS DeCard plans to expand the service to other markets and introduce additional features, including fund account management.