Singapore-headquartered payment institution FOMO Pay has partnered with global financial services provider BNY to enhance USD payment services for corporate clients.
The agreement allows FOMO Pay to streamline USD payments by leveraging BNY’s direct clearing capabilities, global reach, and expertise to improve the speed and efficiency of cross-border transactions.
The collaboration integrates BNY’s payment infrastructure with FOMO Pay’s offerings.
This includes QR code payment settlements and multi-currency transaction capabilities, providing businesses with more secure and streamlined international payment options.
The company said in a statement,
“Together, FOMO Pay and BNY will deliver value-added payment solutions that cater to the diverse needs of businesses in an increasingly connected, digital-first economy.
This announcement recognises FOMO Pay’s dedication to fostering financial inclusion and growth across the APAC region and beyond.”
Featured image credit: Edited from Freepik
