Who can apply for the imToken Card*?
A: Pre-registration at imToken is required. As long as you do not currently hold any cards with DCS, you may apply for the imToken Card .Please refer to imToken Card T&Cs for more details.
* imToken Card is a cobranded card issued by DCS Card Centre Pte. Ltd.
What is pre-registration for? How long will it last?
A: Pre-registration is a preliminary step before the actual card enrollment process, enabling applicants to submit their wallet address for pre-screening. This leverages the inherent trust element of blockchains to streamline the card enrollment process. Our first round of pre-registration is now closed. You can join the waitlist for the next round of card offerings.
How will I be informed of the pre-registration result?
A: You will be notified of the pre-registration results by email in February, prior to the official rollout. If you qualify, you will have exclusive access to apply for the imToken Card through the DCS Cards App*, the card issuer licensed in Singapore. With an eKYC (passport and face verification) and no need for income documents, you should get instant approval and your virtual card within a couple minutes.
* DCS Cards App is developed and maintained by DCS, the card issuer licensed in Singapore.
I have pre-registered and qualified already Why do I need to apply for the card again?
A: imToken Card is a co-branded card issued by DCS. The pre-registration is for pre-screening wallet addresses to streamline the card enrollment process. Once qualified, the card application follows a standard process to collect additional information and perform KYC by DCS.
Why does the card application require a DCS Cards App?
A: As DCS is the issuer of the card, it is advisable to conduct card application on the DCS Cards App due to data privacy.
Is KYC required for card application? Is my personal information safe?
A: KYC is required for card application just like any other credit cards. DCS is a licensed credit card issuer in Singapore and DCS will safeguard the personal information using card industry security standards and follow the Singapore Personal Data Protection ACT (PDPA).
What documentation is required for the card application?
A: The card application process is straightforward. The credit is provisioned leveraging on-chain data, so no proof of income is required. Just complete an eKYC (passport and facial recognition) using the DCS Cards App.
How long does it take to get the card application approved and receive the card itself?
A: After completing the eKYC process, you should receive the application approval within a few minutes. The virtual card will also be available simultaneously.