SGQR, Singapore unified payment QR code (SGQR) launch took place in September 2018 has seen quick adoption rate among businesses ever since launch.  FOMOPay, a one-stop QR code payment solution provider works closely with Monetary Authority of Singapore (MAS) for the SGQR initiative which replaces more than 19,000 versions of QR codes currently in the market. With the new SGQR label, businesses no longer need to deal with multiple QR code payment labels that could potentially cause confusion. At the same time, businesses can accommodate various types of mobile payment without going through different system interface, which allows more customers […]

SGQR is an cashless initiative by MAS to drive Singapore mobile payments and transform Singapore into a cash-light society, by encouraging Singaporeans to reduce the use of cash. With 27 different payment schemes from various service providers under the SGQR label, consumers can enjoy multiple e-payment solutions through one payment gateway at lowered costs. FOMOPay, a one-stop QR code payment solution provider works cohesively with Monetary Authority of Singapore (MAS) for the SGQR initiative which replaces more than 19,000 versions of QR codes currently in the market. Businesses can do away with the clutter of having to put up multiple QR […]