FOMO Pay, a leading digital payment institution operating across Southeast Asia and the Middle East, has entered into a strategic partnership with Bank of China Singapore Branch to jointly build an open and interconnected cross-border financial ecosystem.
The strategic partnership agreement was signed by Hu Wei, Deputy General Manager of Bank of China Singapore Branch, and Anny Liu, Executive Director of FOMO Pay, at the launch ceremony of the Cross-Border E-Commerce Zone during the 8th China International Import Expo (CIIE).
The collaboration aims to deepen cross-border e-commerce payment and collection services, helping enterprises expand globally with greater efficiency, lower transaction costs, and jointly build an open, interconnected ecosystem for cross-border finance. By combining Bank of China’s extensive expertise in international finance with FOMO Pay’s established regional network and payment technology, the partnership will deliver secure, seamless, and high-performance payment and settlement services to businesses engaged in global trade.
Looking ahead, FOMO Pay and Bank of China Singapore Branch will explore further collaboration in areas such as digital currency, cross-border remittances, and merchant acquiring, providing e-commerce platforms and trading companies with safer, more efficient, and flexible payment and settlement solutions, and contributing to a smarter, more convenient, and secure cross-border payment infrastructure.
