FOMO Pay integra il sistema di sorveglianza della Blockchain di Merkle Science
Singapore-based major payment institution, FOMO Pay, has partnered with Merkle Science to reinforce its compliance solution for digital asset payments. The partnership aims to enhance FOMO Pay's compliance, risk management, and threat detection measures, facilitating its expansion into the digital currency market.
Founded in 2015, FOMO Pay serves over 10,000 merchants across various industries. In September 2021, FOMO Pay was granted the Digital Payment Token (DPT) Service license by the Monetary Authority of Singapore (MAS) under the Payment Services Act. As a licensed major payment institution, FOMO Pay holds the MAS' Merchant Acquisition Service, Domestic Money Transfer Service, and Cross-border Money Transfer Service licenses.
The partnership with Merkle Science may contribute to FOMO Pay's compliance efforts in the digital asset payments sector. Merkle Science, a company with global ambitions, aims to bring crypto to the mainstream in a safe and compliant manner. Their goal is to empower FOMO Pay to expand into the digital currency market.
Merkle Science's vision aligns with FOMO Pay's desire to advance digital transactions and the role of digital assets. The partnership may also help FOMO Pay to comply with regulatory requirements more effectively. The partnership between the two companies may facilitate FOMO Pay's expansion into the digital currency market and potentially improve its ability to detect and prevent financial crimes.
Zack Yang, a co-founder at FOMO Pay, and Mriganka Pattnaik, CEO & Co-founder at Merkle Science, both recognize the importance of compliance in advancing digital transactions. The partnership between FOMO Pay and Merkle Science may ensure the safety of transactions involving digital assets and may help FOMO Pay's position in the digital payment industry.
Merkle Science aims to enable FOMO Pay's full range of users to transact with crypto safely. The partnership between the two companies is expected to strengthen FOMO Pay's position in the digital payment industry and may facilitate the mainstream adoption of digital assets in a secure and compliant manner.
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