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Press Release

September 1, 2017
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FOMO Pay selected to join national SGQR taskforce to develop Singapore’s payment industry

FOMO Pay selected to join national SGQR taskforce to develop Singapore’s payment industry Less than two weeks after PM Lee Hsien Loong, in his National Day Rally speech, urged Singaporeans to embrace mobile payments, a payments council has been set up to look into ways to advance the development of cashless payments in Singapore. The payments council was established by the Monetary Authority of Singapore (‘MAS’) and a taskforce called SGQR was appointed to spearhead the initiative. While a plethora of e-payment methods is currently available for Singapore consumers, including WeChat Pay, Alipay, Apple Pay, Samsung Pay and many others, […]
August 18, 2017
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FOMO Pay invited to share payment solutions at this year’s SMEICC

FOMO Pay invited to share payment solutions at this year’s SMEICC The 19th Small and Medium Enterprises Infocomm Commerce Conference (‘SMEICC’) and SME Expo was recently held on 16-17 August 2017 at the Suntec Convention Hall. SMEICC is an annual event organised by the Singapore Chinese Chamber of Commerce and Industry (‘SCCCI’), an organisation with a membership of more than 4,000 companies and over 150 trade associations. The event presented a valuable opportunity for solutions providers like FOMO Pay to share and showcase the latest and newest technology enterprise solutions available for SMEs to utilize. It was also a chance […]
August 14, 2017
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FOMO Pay to help more SMEs reach out to mainland Chinese customers with new FOLAH (易码付) service

FOMO Pay to help more SMEs reach out to mainland Chinese customers with new FOLAH (易码付) service Singapore, August 14, 2017 – Local payments company FOMO Pay enhances its existing services to help small and medium-sized enterprises in Singapore attract mainland Chinese customers. Starting from July this year, merchants without a point of sale (POS) terminal will be able to use FOLAH (易码付) to allow customers to pay via Chinese mobile payment methods such as WeChat Pay and Alipay. FOLAH (易码付) is a QR code based technology that aggregates several payment methods. Each participating retailer will obtain its own unique […]
August 3, 2017
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FOMO Pay enters into strategic partnership with China Telecom to bring BestPay into Singapore

On 29 July 2017, representatives from China Telecom’s BestPay and FOMO Pay met at the Tianyi Intelligent Ecological Expo where they signed a cooperation agreement, officially announcing the entry of BestPay into Singapore. This is yet another exciting step towards bringing the convenience of WeChat Pay to users in Singapore. Under this strategic partnership, FOMO Pay will help to incorporate China Telecom BestPay’s payment solutions into the shopfronts of various local merchants and retailers. Known in China as one of the three largest telecommunications provider, China Telecom boasts a network of 1.1 million stores spread all over the country and […]
July 25, 2017
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RISE Hong Kong International Conference features FOMO Pay

RISE Hong Kong International Conference features FOMO Pay RISE is an international conference organised by the team behind Web Summit, one of Europe’s largest tech seminars. Spearheaded by co-founder and CEO Paddy Cosgrave, Web Summit was first established in Dublin, Ireland in 2010. From its humble beginnings of around 400 Irish Entrepreneurs, the Web Summit has grown from strength to strength. In 2014, more than 22,000 participants attended the event including the founders and CEOs of Twitter, YouTube, Netflix, Skype, Tesla and PayPal. This year, in his customary introduction to the event on 16 May, Mr Cosgrave turned the spotlight […]
July 17, 2017
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FOMO Pay, a mobile payment integrator in Singapore experiences business boom

FOMO Pay, a mobile payment integrator in Singapore experiences business boom Louis Liu, the Co-Founder of FOMO Pay was interviewed and mentioned in Lianhe Zaobao’s 6 July article – 融合“移动支付”工程师生意大增. In the article, Louis shared about how FOMO Pay was founded, the difficulties faced on the route to success, as well as future plans for the company. He learnt that many local business owners were interested in new mobile payment solutions such as Apple Pay, WeChat Pay, Alipay, etc, but did not have the time to learn more about them in-depth nor to negotiate with each payment service providers individually. […]