FOMO Pay won AEON awards at AEON Open Innovation in Bangkok

05 June 2019, Bangkok

AEON Thana Sinsap (Thailand) Public Company Limited launched Thailand’s first AEON Open Innovation Competition that aims to find the winner for students and start-up companies with the best ideas for financial innovation since March 2019.

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 WeChat Pay, NETSPay, Grab Pay, SingTel Dash, EZLink Pay, mVISA, etc.

Launched in 2015 with more than 4,000 merchants acquired within a year, FOMO Pay is trusted by major companies including Changi Airport, Marina Bay Sands, StarHub, JUMBO, Club 21, CHANEL, SPH 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. For more information, visit www.fomopay.com.

About ÆON

ÆON is the largest retail group company based in Japan with over 8 tril. JPY(about 2.4 tril. THB) in revenue and have a retail network comprising around 300 consolidated subsidiaries and 31 equity-method affiliated companies ranging from supermarkets such as Maxvalu to shopping malls.

ÆON Financial Service(AFS) is a comprehensive financial group that grew out of ÆON’s retail operations through integration of the commercial and financial sectors. Centering on the Company, which is a bank holding company, the Group currently consists of 34 consolidated subsidiaries and one equity-method affiliate in 13 Asian countries (Japan, Thailand, Hong Kong, Malaysia, Indonesia, Philippines, Vietnam, Cambodia, Laos, Myanmar, China, Taiwan and India).

In Thailand, ÆON Thana Sinsap (Thailand) PLC (ÆON) established in 1992 by AFS has expanded financial business such as credit card, personal loan, hire purchase and others. We have 3.26 million accounts (hire purchase, personal loan and credit cards) and ID base amounted to 2.14 million IDs, also No. of issued credit cards and member cards was 8.15 million.