Recent Blogs

October 25, 2017

Chanel latest to adopt FOMO Pay’s payment solutions

Chanel latest to adopt FOMO Pay’s payment solutions A brand consistently associated with high culture, the name ‘Chanel’ evokes perfumed scents and is redolent of a 1920s Paris, where plumed hats and sailor blouses were the fashion of its day. Chanel was founded in 1909 by Gabrielle ‘Coco’ Chanel, out of a Parisian flat belonging to a socialite and textile businessman. Before long, Chanel was challenging the social norms of the times with artisanal pieces such as the Chanel suit, described as having a modern and feminine appearance. These days, Chanel carries a wide range of products including clothing apparels, […]
October 24, 2017

New app lets users pay by NetsPay with their phones

New app lets users pay by NetsPay with their phones Electronic payments company Nets has officially launched its mobile wallet, NetsPay, last Thursday, on iOS and Android devices. From 19 October, users holding DBS and POSB cards will have the option of making their first mobile payment through their smartphones at accepted Nets terminals. In the following weeks, users from the five other participating banks – OCBC, UOB, Maybank, HSBC and Standard Chartered Bank – will also be able to use the NetsPay app on their smartphones to make payments at Nets terminals. With over 100,000 Nets acceptance points islandwide, […]
October 19, 2017

Nübox now accepts WeChat Pay payment mode

Nübox now accepts WeChat Pay payment mode Amidst the growing hype around the release of the iPhone 8 in Singapore, Nübox has officially announced that it would now be accepting payments via both WeChat Pay and Alipay. This means you can now purchase a wide range of Apple products using a variety of payment modes including WeChat Pay, Alipay and, as you have guessed it, Apple Pay. For the unfamiliar, Nübox is a certified Apple reseller with nine shops all across Singapore. Until mid-2017 when the first Apple Store opened in Singapore, Nübox and fellow reseller EpiCentre were the closest […]
October 12, 2017

FOMO Pay to join Oracle at Cloud Expo on 12 October 2017

FOMO Pay to join Oracle at Cloud Expo on 12 October 2017 Cloud Expo Asia is the region’s leading cloud exhibition and conference for businesses. This year’s edition returns on the 12th of October and will be held alongside industry leading events – Cloud & Cyber Security Expo, Big Data World, Smart IoT Singapore and Data Centre World. Cloud Expo Asia will see over 300 leading international technology exhibitors and 350 speakers sharing the latest developments from their various industries. Visitors can glean insights through a world-class conference, incorporating keynote addresses, panel discussions, case studies and roundtables. The speakers hail […]
October 10, 2017

Who are the key players in Singapore’s mobile payment industry?

Who are the key players in Singapore’s mobile payment industry? The past few months have seen an upsurge in discussions relating to the mobile payments industry in Singapore. Battle lines have been drawn between those who support the government’s decision to develop Singapore into a cashless society and those who prefer to throw caution to the winds. No matter which side you identify with, it cannot be denied that the number of entrants into the market has drastically increased in a relatively short span of time, causing no small amount of confusion. On the one hand, we have established players […]
October 2, 2017

September Monthly Fintech News Summary

September Monthly Fintech News Summary As the month of September draws to a close, we bring you a summary of the latest news that have been shaking up the mobile payments industry. WeChat Pay Despite the fact that Apple has its own Apple Pay, the tech giant has announced that its app store and music streaming service will now accept WeChat Pay in China. This comes after reports indicate that Apple is in dire need of alternative revenue streams to make up for the sales slump resulting from Chinese brands entering the premium phone market. As Tencent’s WeChat Pay works […]