FOMO Pay and EMQ to Showcase Remittance Technology in Money 20/20 Asia 2019
Every year, the world’s senior leaders across Payments, Financial Services and FinTech come together at Money20/20 Asia to network and connect over the critical developments shaping the future of money in Asia and to grow and future proof their businesses. Money20/20 is designed to maximise business opportunities for attendees to make game-changing connections and win new business. 1 in 4 attendees at Money20/20 are from the C-Suite, alongside thousands of other senior leaders and budget holders, all ready to connect. It’s the only event in Asia where incumbent and disruptors are in one place, actively looking to partner.
This year, FOMO Pay’s key partner EMQ will be attending Money 20/20 Asia as a star sponsor and exhibitor of this revolutionary journey in creating the future of money. FOMO Pay is honoured to be featured by EMQ as one of the strategic partners to support the increasing demand for international settlement across region.
In October 2018, the leading financial settlement network in Asia EMQ and award winning QR code payment solution provider FOMO Pay has announced a partnership to support the growing demand for real-time international settlements from Singapore to China, with the ability to expand across other countries in Asia. This partnership will also help facilitate and support the government’s 2020 Smart Nation Initiative to accelerate Singapore’s shift to a digital economy. Powered by EMQ’s financial settlement network, the partnership with FOMO Pay will enable the Chinese communities in Singapore to seamlessly transfer money, in real-time, and directly send money back home to their families in China, while creating a more inclusive economy with greater access to digital financial services for the Chinese population.
Headquartered in Hong Kong, EMQ is a financial technology startup that is building a financial network across Asia with a focus on remittance. With a footprint across Hong Kong, Taiwan, Indonesia, Vietnam and the Philippines, the company partners with financial institutions and other strategic partners in each country to enable and settle cross-border remittance via banks and various modes for top-up and cash pickup.
EMQ is the leading financial settlement network in Asia, providing secure and affordable money transfer options for businesses and individuals. With assets anchored in Asia, EMQ has established an extensive and regulatory-approved network that provides immediate access to thousands of distribution points across North and Southeast Asia. EMQ holds an approved Money Services Operator license issued by the Hong Kong Customs and Excise Department and Fund Transfer Operator license from Bank Indonesia, with offices across China, Hong Kong, Indonesia, Singapore and Taiwan. For more information, visit its website at www.emq.com
About FOMO Pay
FOMO Pay platform is the one-stop QR Code Payment Solution which enables merchants to accept a full suite of new payment methods including EZLink Pay, Grab Pay, mVisa, NETSPay, SingTel Dash, WeChat Pay and more. Launched in 2015 with more than 4,000 merchants acquired within a year, FOMO Pay is trusted by major companies including CHANEL, Changi Airport, Club 21, JUMBO, Marina Bay Sands, Singapore Press Holdings, StarHub etc. With FOMO Pay, merchants can unlock true business potential by giving customers the payment options they prefer and adopt cashless payment easily. FOMO Pay is also sitting in MAS (Monetary Authority of Singapore) SGQR Taskforce to promote QR code payment and make Singapore a cashless society.
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