FOMO Pay showcases innovative payment solution at Global Payment Summit 2016
Organized by the Transactives, the 4th annual Global Payment Summit (GPS) was held from 12 to 13 November this year at Sofitel Singapore Sentosa Resort & Spa, Singapore.
The Global Payment Summit (GPS) in Singapore is a two-day conference where key thought leaders, topic experts and leading practitioners from the payment sector gather to discuss issues and raise solutions for the transaction space in Asia. The event provides a platform for networking, offer opportunities to take part in dialogue sessions and attend presentations to fuel a state of constant innovation to stay ahead of time.
FOMO Pay is an award-winning homegrown FinTech startup and provides an innovative payment solution for retailers. While there is increased adoption of mobile wallets in Asia, the mobile payment landscape in China remains one of the most advanced and largest in the world.
Chinese consumers are able to pay their utility bills, reserve and pay for a cab, send cash to peers, and make in-store payments without having to leave the WeChat application. With more Chinese consumers traveling overseas and spending in the process, overseas merchants can capture a share of the Chinese tourist market by making it convenient for these consumers to spend.
Recognizing the gap in the market, FOMO Pay helps to facilitate payment collection and provides a one-stop solution for overseas retailers. FOMO Pay supports a variety of Chinese-preferred payment modes – WeChat Pay, Baidu Wallet, Union Pay, Apple Pay and Alipay.
About FOMO Pay
FOMO Pay is the first authorized WeChat Pay & Baidu Wallet partner in Southeast Asia, and was selected as one of the TOP 100 Asian Companies by E27, TOP 100 Startups by Red Herring Asia, and Top 8 by DBS’ FinTech Accelerator Program.
FOMO Pay provides a one-stop solution for overseas merchants by facilitating payment collection from the China market, including Chinese tourists. This comprises of online/offline Chinese payment modes, such as WeChat Pay, Alipay and Union Pay.
FOMO Pay’s business solution serves clients from a wide range of industries, including the telecom, publishing, tourism and hospitality, F&B, education and retail industries.
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