Recent Blogs

July 13, 2018
NETS Pay-NETS QR-QR code payment-OCBC-UOB-Cashless-mobile payment-Cashfree-Singapore-SG QR-NETS

NETS bucks up on cashless payment race in Singapore

Payment Solution provider, NETS, announced in June, that its merchants could onboard its payment system within a day from submitting its online application. This is part of an initiative by NETS to hasten up its cashless payment adoption rate in Singapore by transforming to digital adoption processes. Its new online application, introduced in May, allows its merchant to pick up their new NETS terminal from its customer service counter anytime 1 day after it registering. The new NETS terminal include payment solutions by NETS including NETS debit payment, NETS Flashpay, NETS QR Payment and NETS Pay. Other than merchant acquisition […]
July 6, 2018
WeChatPay-Alipay-mobile payment-cashless-chinese mobile wallet-chinese mobile payment-QR code payment

Chinese tourists driving mobile payment growth in Southeast Asia

With Chinese tourist being the top spender in terms of tourism dollar over the world, and a strong preference for mobile payment abroad, many retailers are trying to implement mobile payment systems catering to Chinese tourist. This is especially true for Southeast Asia (SEA) merchants as SEA is the top travel destinations for Chinese tourist. In order to gain a slice of the Chinese tourist market overseas worth US$429 billion, WeChatPay, UnionPay & AliPay had forged many partnerships oversea recently. Some noticeable partnerships includes Changi Airport with WeChatPay and LiquidPay with UnionPay. They have been actively seek merchants to expand, […]
June 29, 2018
WeChatPay-Malaysia-eWallet-Cashless-Mobile Payment-QR code payment

WeChat Pay releases Ringgit e-wallet for cashless payment in Malaysia

It has been confirmed that WeChat Pay will launch in Malaysia, June 2018 before Raya Aidilfitri. Malaysia will be the very first country outside of China to have the e-wallet localised for ringgit. To prep for the Hari Raya festive season, various companies has already been working with WeChat Pay to allow use of this new mobile payment mode. With over 20 million existing Malaysian WeChat users, it allows easier acceptance of WeChat Pay as a new mobile payment method. Besides that, PM Mahathir has displayed interest in the concept of a cashless society which further facilitates the adoption of […]
June 22, 2018
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IMDA launches new programme teaching seniors how to go cashless

While Singapore seeks to move toward a Smart Nation, ageing population arises as an inevitable hurdle. Everyday technologies may seem intuitive to the younger generation but it may not be the case for the elderly who often rely on younger generations to access them. Going cashless implies further digitalising of our environment and can possibly cause further confusion for the elderly. It is crucial to keep in mind that a cashless society involves not only the tech-savvy youngsters, but all members of the society including seniors. Thus, Info-comm Development Authority (IMDA) has organised the first session of e-Payment Learning Journey […]
June 15, 2018
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UnionPay QR code payment will soon be available in hawker centres

UnionPay International (UPI) had partnered LiquidPay, both members of SG QR taskforce, to allow UPI mobile payment app users to make payment at LiquidPay group of merchants. The partnership will see the 2 parties piloting the service at hawker centres currently already on the LiquidPay app,such as Maxwell Food Centre, Amoy Street Food Centre and Bedok 85 Market. Other LiquidPay’s merchants will also be onboard by 3rd quarter this year. It is estimated that this partnership will help UnionPay increase their Singapore mobile payment points by more than 1000 merchants. It is not the first time UnionPay had form strategic […]
June 12, 2018
Settlement Delay Notification during Dragon Boat Festival 关于端午节假期暂缓结算的通知

Settlement Delay Notification during Dragon Boat Festival 关于端午节假期暂缓结算的通知

Dear FOMO Pay Merchants, Please note that banks in Mainland China will suspend settlement from June 16, 2018 to June 18, 2018 due to Dragon Boat Festival. All settlements will resume from the 19 of June. Thank you for your understanding. 
If you have any question, please do not hesitate to contact your FOMO Pay representative. Best regards, FOMO Pay Pte. Ltd. 尊敬的FOMO Pay合作伙伴与商户们:
 
接到微信支付、支付宝等官方通知,由于受端午节假期影响,中国大陆银行暂停结算业务,因此FOMO Pay将于2018年6月16日至2018年6月18日暂停清算,并于2018年6月19日起恢复正常的清算规则。 给您带来的不便敬请谅解,感谢您的理解与支持。 预祝您度过一个幸福美满的节日! 顺颂商祺 FOMO Pay Pte. Ltd.