As part of the DDEx ecosystem, FOMO Pay adds that it intends to leverage its institutional-grade digital custodian and exchange services supported by DBS Bank to enable its merchants to accept payments in cryptocurrencies and keep their funds safe.
"With our efforts in building a comprehensive and compliant digital payment solution, we will be able to help our merchants adopt and accept crypto payments from their customers in a safe and risk-free manner. Ultimately, this will lead to greater assurance and adoption of crypto as a form of payment method that will fit into Singapore's vision to be a global crypto hub," says Louis Liu, founder and CEO of FOMO Pay.
