Pay with Fomo Pay
FOMO Pay offers digital payment processing platform to accept a full suite of alternative payments. FOMO Pay is licensed as one of the first batch of Major Payment Institutions (License No. PS20200145) by the Monetary Authority of Singapore to conduct Cross-border Money Transfer Service, Domestic Money Transfer Service, Digital Payment Token Service, and Merchant Acquisition Service. FOMO Pay is trusted by major companies including SPH, Marina Bay Sands, StarHub, JUMBO, Club 21, CHANEL, etc.
Pay with Fomo Pay
FOMO Pay offers digital payment processing platform to accept a full suite of alternative payments. FOMO Pay is trusted by major companies including SPH, Marina Bay Sands, StarHub, JUMBO, Club 21, CHANEL, etc. With FOMO Pay, merchants can unlock true business potential by giving customers the payment options they prefer and adopt cashless payment easily. FOMO Pay is also sitting in MAS SGQR Taskforce to promote QR code payment and make Singapore a cashless society.
How will it work?
Over the Phone
A customer will need to request to the Client Advisor they are working with that they are interested in paying with cryptocurrency.
Once the final price of the watch or watches have been agreed upon, 2toneVintage will email an invoice to the customer.
The invoice received via email will contain a QR code, which the customer can scan from their existing mobile wallet.
From there, the customer can then pay the invoice from their personal crypto wallet.
- While completing the checkout process within the cart, a customer can select Fomo Pay as their payment method.
- From there they will enter their email address and then select ‘finalize payment’.Once approved, the customer will select which currency they would like to pay with and
Fomo Pay will display their invoice.
- Finally, the customer can scan the the payment code and pay within their personal mobile wallet to complete the transaction with a one time link that will be issued by us
- One thing to note is that there is a 15 minute window for this entire process. After the 15 minutes have passed, 2toneVintage has to generate a new invoice.
Customers will need to have existing mobile wallets as well as existing funds within those mobile wallets. Fomo Pay accepts the following currencies: Bitcoin, Bitcoin Cash, XRP, Ethereum, Dogecoin, Stable Coins (PAX, BUSD, USDC, GUSD).
Partial Payment – If the amount paid is less than the amount expected then the invoice is marked as being partially paid. Partially paid invoice are not credited to the merchant and instead automatically refunded to the customer.
Paid Over: If the amount paid is greater than the amount expected then the invoice is marked as being overpaid. The overpaid amount on an invoice is not credited to the merchant and instead automatically refunded to the customer.
Read more about Fomo Pay MAS License here