FOMO Pay launches DBS virtual account services for merchants, corporates, and institutions

Press Releases
December 8, 2022

FOMO Pay launches DBS virtual account services for merchants, corporates, and institutions.DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 13 consecutive years from 2009 to 2021.

Empowered by FOMO Pay iBank solution, FOMO Pay’s clients can seamlessly collect and payout for their international and domestic transactions and benefit from lower costs, easier reconciliation, and shorter processing time.

FOMO Pay always commits to providing secure, trusted, and one-stop payment solutions to facilitate your business banking needs.

About FOMO Pay

Founded in 2015, FOMO Pay Pte Ltd is a major payment institution (License No. PS20200145) regulated under the Payment Services Act in Singapore, licensed by the Monetary Authority of Singapore (MAS) to conduct Cross-border Money Transfer Service, Domestic Money Transfer Service, Digital Payment Token Service, and Merchant Acquisition Service. The firm has become a leading one-stop digital payment and banking solution provider and is currently building Asia’s first licensed gateway helping institutions and businesses to connect between fiat and cryptocurrency. The firm offers its three flagship products:

  • FOMO Payment – One-stop digital payment solution for merchants, corporates and financial institutions
  • FOMO iBank – Facilitate businesses’ everyday requirements for transactional banking needs
  • FOMO Crypto – Asia’s First licensed gateway bridging crypto and fiat

Embark a Cashless World with FOMO Pay

Deliver digital financial solutions, everywhere and at any time.