For ecommerce or internet businesses, DBS works with reputable, well-established gateway partners to provide the following online card payment solutions:

• Online credit card payment engines with automated settlement and online downloadable reports in CSV format
• Virtual Terminal (which allows online processing of Mail Order / Telephone Order transactions)

Besides card payment solutions, DBS provides ecommerce / internet businesses with the following value added services.

Multi-Currencies Transactions

DBS offers merchants the ability to charge its customers in various currencies. This facilitates global outreach and presence while being located centrally in Singapore.

Dynamic Currency Conversions (DCC)

DCC allows merchants to charge foreign cardholders in their home currencies, instead of SGD. Foreign cardholders will be able to know and lock in the preferential quoted exchange rates at the time of purchase (as opposed to allowing the foreign cardholders’ banks to decide the rates, which are unknown), and can still choose to pay in SGD if they do not like the quoted rates. As an incentive for merchants to push for DCC sales, DBS provides substantial rebates for successful DCC transactions, and have programmes to track and reward specific deserving counter staff.

Why Choose DBS?

• Largest bank in Singapore / South-East Asia with a well-established market share and presence in the acquiring scene
• Secured systems with proven transaction processing capabilities which meet industry recognized standards
• Highly competitive rates with solutions to fit various business requirements
• Dedicated, individualized sales account managers
• 24x7 authorization line

For more information

For more information or to request for a no-obligations quote or proposal, please submit the application form to DBS Merchant Business via fax at (65)6878 3553 or email at internetmerchant@dbs.com. Alternatively, please mail the form to:

Merchant Business (Sales Team)
CBG - Cards & Unsecured Loans
DBS Bank
6 Shenton Way
#03-04 DBS Building Tower 1
Singapore 068809

Important - We seek your understanding that an incomplete application form would cause delay in processing. Please note that application is subject to approval and DBS reserves the right to reject any application without giving any reason.

Click here for an application form.