Your company’s balance is held in a dedicated, safeguarded account with the Development Bank of Singapore (DBS).
How fund holding works
Each company receives a dedicated account
All top-ups are credited to this account
All Spend Card transactions draw directly from this shared balance
Spend Cards do not store funds individually
How customer funds are safeguarded
Customer funds are protected in accordance with Singapore’s Payment Services Act 2019
Funds are deposited with DBS
The trust account is maintained by MatchMove Pay Pte Ltd
Funds are segregated and safeguarded under regulatory requirements, and not mixed with operational funds
How transactions are processed
All card payments are processed via the Mastercard network
Transactions follow Mastercard rules, standards, and network-level protections