Banking solutions overview

FOMO Pay is a Singapore multi award-winning Fintech company. Its leading alternative payment platform enables enterprises to accept a full suite of digital payments including NETS Pay, VISA QR, WeChat Pay etc. The company is also sitting in central bank SGQR taskforce to jointly develop common QRCode standard for Singapore.

Singapore Quick Response Code
co-led by the MAS and IMDA

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The first of its kind globally, the SG QR includes protocols customised for Singapore, building on the QR specifications of EMVCo, a consortium of international payment schemes.

SG QR Taskforce Composition

Co-Leads: MAS and IMDA

Government Agencies: HDB, NEA, SPRING

Industry Members:
Alipay, American Express, DBS, EZi, EZ-Link, FOMO Pay, Grab, Liquid Pay, MasterCard, NETS, OCBC, SEA, Dash, UnionPay, UOB. Visa, Tencent

Moving towards cashless society

The Payments Council has endorsed the specification for a common Singapore Quick Response Code (SG QR) that can accept electronic payments by both domestic and international payment schemes, e-wallets, and banks.

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