Rain Alternative for Compliant Card Issuance in Asia

A Rain alternative that lets you launch Visa debit card programs with a regulated issuer and processor built for stablecoin payments. Deliver wallet-ready cards, settle through native stablecoin rails, and go live in weeks from a single platform.
Speak With Us

Fintech Regulatory is Complex

Green circular icon with a white number one in the center.

Regulatory Uncertainty

Navigating licensing, compliance, and evolving rules across every market
Green circular icon with white number 2 in the center.

Operational Efficiency

Cut the overhead of managing issuing, processing, and settlement.
Green circular button with the white number 3 in the center.

Scaling into New Markets

Launch in new regions without rebuilding your stack each time

Why Choose StraitsX?

StraitsX combines card issuing, issuer processing, stablecoin settlement, and Visa BIN sponsorship into one regulated platform, helping you launch faster while reducing operational complexity.
Illustration of a smartphone displaying a green credit card, a white credit card in front, and currency symbols including SGD and USD.

Issuing and Processing on One Platform

StraitsX provides card issuing, issuer processing, and settlement infrastructure in one platform, reducing dependencies across multiple vendors. With issuing, processing, and settlement capabilities unified under one platform, teams benefit from:
Simpler Integrations
Faster Settlement Workflows
Lower Operational Overhead

Built on Licensed Infrastructure

Launching a card program requires more than technical integration. It requires infrastructure designed to meet regulatory expectations and support long-term growth.
MAS Major Payment Institution (MPI) licence
Regulatory-grade AML and compliance frameworks
Established regulatory experience

Scale across Asia with Global Ambitions

Expand into new markets through one regulated infrastructure, reducing the complexity of managing separate providers across regions. Whether you're launching your first regional card program or expanding globally, StraitsX provides the issuing infrastructure to support growth.
Regional issuing infrastructure
Multi-market scalability
Market-ready launches

Wallet-ready cards for everyday spend

Cards your users can tap anywhere Visa contctless payments are accepted.
StraitsX supports end-to-end card tokenization across major mobile and wearable wallets, allowing programs to deliver instant, wallet-ready cards to their users.

Token Service

We also support tokenization for virtual cards, physical cards, wearable payment devices and in-app provisioning.

Frequently Asked Questions

  • Does StraitsX support card programs in Singapore?

    Yes. StraitsX supports card program issuance in Singapore. As a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS), StraitsX provides card issuing infrastructure built on one of Asia's most established regulatory frameworks.

    ‍

  • How long has StraitsX been operating in Asia?

    StraitsX has over a decade of experience building payments infrastructure in Asia. Founded as Xfers in 2014, the company became StraitsX in 2020 following the launch of XSGD, Singapore's first 1:1 Singapore dollar-backed stablecoin, and the issuance of its Major Payment Institution (MPI) licence by the Monetary Authority of Singapore (MAS).

    ‍

  • Does StraitsX support native stablecoin settlement?

    Yes. StraitsX is the issuer of XUSD and XSGD, enabling issuer-native settlement for both stablecoins. We also support third-party stablecoins, including USDC and USDT, giving businesses the flexibility to settle using the assets that best fit their treasury operations.

    ‍

  • How long does it take to migrate an existing card program to StraitsX?

    Migration timelines are typically measured in weeks and depend on the complexity of your existing program, data migration, and integration requirements.

    ‍

  • Why do businesses choose StraitsX for card programs in Asia?

    Businesses choose StraitsX for its combination of BIN sponsorship, regulated issuing infrastructure, native stablecoin settlement, and regional expertise. Built on a Major Payment Institution (MPI) licence issued by the Monetary Authority of Singapore (MAS), StraitsX helps businesses launch and scale card programs across Asia through a single platform.

    ‍

See what a regulated alternative looks like

MAS-licensed infrastructure with native stablecoin settlement across multiple markets
Speak with us