Episode Six & DCS Card Centre to launch Credit Cards-as-a-Service for FinTechs

By Delisha Fernandes

Payment processing provider Episode Six (E6) has partnered with Singapore-licensed financial institution DCS Card Centre (DCS) to enable FinTech companies to issue their own branded credit cards through their own customer interface.

Powered by E6’s card issuance technology, the process required to launch a new credit card is now significantly reduced from the typical four-six months to a matter of weeks. This collaboration between DCS and E6 combines their respective expertise into a unified platform, streamlining this process which is traditionally complex and tedious due to regulatory, operational, and technical challenges, to allow FinTechs to innovate rapidly.  

John Mitchell, chief executive officer (CEO) and co-founder of Episode Six, said, “FinTechs and other companies that leverage this solution will be able to reap all the benefits that a modernised cloud-native payment system can provide – resilience, scalability, and security”. 

In its endeavour to provide integrated payment experiences to consumers and corporates, this holistic solution also incorporates access to a virtual account that enables top-ups with fiat currency via bank transfers, or with digital assets via DCS tokens, which are directly issued by DCS. 

Starting with Singapore, this move will pave the way for the service to be rolled out to other markets in the Asia Pacific region. This strategic partnership serves as a key business pillar of DCS Innov, a new enterprise established by DCS in February 2024 to drive digital innovation in the FinTech sector.   

Ceridwen Choo, CEO of DCS Innov, said, “Embedded finance, especially card payments, is top-of-mind for FinTechs wanting to scale their businesses.  E6’s robust APIs and presence in major countries globally is well-placed to support FinTechs and any other brands wanting to incorporate payments into their digital interfaces.”