FOMO Pay Inks Deal With Discover
The agreement positions FOMO Pay as a leader in integrating new payment solutions for major financial institutions and merchants by giving them the ability to accept Discover Global Network cards.
FOMO Pay has entered a partnership with U.S. direct banking and payment services company Discover Global Network to allow its cardholders to use their cards at FOMO Pay merchants worldwide, the Singapore-based QR code payment solution provider said in a press release on Thursday.
«Offering more payment solutions has always been our goal and this is also convenient for both merchants and consumers, especially those who like to travel without cash and wish to pay for these transactions easily,» Louis Liu, CEO and co-founder of FOMO Pay, said.
The Discover Global Network includes Discover, Diners Club and affiliate networks.
One-Stop Solution
FOMO Pay allows merchants to accept a full suite of new payment methods including WeChat Pay, NETSPay, Grab Pay, SingTel Dash, EZLink Pay, mVISA and more.
It was launched in 2015 and acquired 4,000 merchants within its first year. Its network now includes Changi Airport, Marina Bay Sands, StarHub, Jumbo, Club 21, Chanel, Singapore Press Holdings and more.