News & Updates

July 17, 2017
FOMO-Pay-feautured-on-lian-he-zao-bao

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. […]
July 12, 2017
FOMO Pay-Louis-Liu-ATS-Singapore-China-Programmatic-Ads

ATS Singapore 2017: FOMO shares about The State of Programmatic Ads in China

ATS Singapore 2017: FOMO shares about The State of Programmatic in China ATS Singapore 2017 was held on 4 July at Marina Mandarin this year. It is a one-day event featuring one of the largest audiences of advertising and marketing technology industry experts. This year, it covered a range of interesting and relevant topics surrounding the APAC market. Louis Liu, the Co-Founder of FOMO (consisting of FOMO Pay, FOMO Ads and FOMO Digital), was invited to join in the panel discussion with 3 other panelists in the afternoon, at 1:30pm – Market Deep Dive: The State of Programmatic in China. […]
July 10, 2017
alipay-versus-wechat-pay-a-battle-between-chinese-payment-giants

Alipay versus WeChat Pay: a battle between Chinese payment giants

Alipay versus WeChat Pay: a battle between Chinese payment giants Alipay and WeChat Pay are dominant players of the third-party mobile payment market in China, and had significant influence on shaping China’s digital and mobile payment industry. China’s third party mobile payment market had a total transaction value of RMB 12.8 trillion in Q4 2016, and shows signs of further growth, according to a report from Analysys. Alipay Alipay is a third-party online payment platform, and was launched in China in 2004 through Taobao, the B2C platform of Alibaba Group, to facilitate payment. When a buyer purchases a product through […]
July 10, 2017
WeChat-Summer-Event-Singapore-FOMO-Pay

WeChat Pay users stand to enjoy great savings from the WeChat Summer Event

WeChat Pay users stand to enjoy great savings from the WeChat Summer Event From 1 July to 31 August this year, users of WeChat Pay will stand to enjoy great savings from the WeChat Summer Event. How does it work? As long as a consumer pays via WeChat Pay for offline transactions, he or she can get 10% discount (capped at 50RMB per transaction) off the total bill immediately. Each WeChat user is entitled to using this discount 4 times (twice in July and twice in August), without any required minimum spend. The discounts are distributed on a first-come-first-serve basis, […]
July 5, 2017

What you need to know about Social Media Marketing in China

What you need to know about Social Media Marketing in China China’s consumers are one of the most connected consumers in the world, especially in the area of m-commerce. Alibaba recorded total mobile sales of approximately RMB 99 billion during last year’s Singles’ Day Festival, an amount larger than the combined sales of Black Friday and Thanksgiving Day in America. A large reason for the growth in m-commerce in China is due to the high smartphone penetration rate amongst Chinese consumers, and the trust that Chinese consumers have in third-party payment providers to conduct digital transactions through their smartphones, according […]
July 4, 2017

FOMO Pay lands spot in TOP100 Fight Club at Echelon Asia Summit 2017

FOMO Pay lands spot in TOP100 Fight Club at Echelon Asia Summit 2017 Echelon Asia Summit is a digital platform bringing together over 6,000 industry leaders and experts, investors, government ministries, and the media. Every year, a 2-day technology and business conference is held in Singapore. This year, Echelon Asia Summit 2017 was held on 28-29 June at the Singapore EXPO Convention Hall, and a networking session was held at JTC LaunchPad at one-north on 30 June. Speakers this year include Steve Leonard, Founding CEO of SGInnovate, Guillaume Sachet, Executive Vice President, Strategic Planning of MediaCorp, Pranav Seth, Head of […]