April 7, 2025. FOMO Pay, a leading major payment institution licensed in Singapore and Hong Kong, has expanded its digital payment solution with the launch of local Vietnamese Dong (VND) virtual accounts, enabling seamless cross-border collections and payouts in the Vietnam market. This new feature allows merchants, corporates, and institutions to send and receive VND via local payment rails under their own names in Vietnam, further enhancing FOMO Pay’s ability to facilitate B2B fund transfers across over 100 countries worldwide.

Building on the recent launch of United Arab Emirates Dirham (AED) payment capabilities in the MENA region, the addition of VND currency support underscores FOMO Pay's commitment to broadening its global payment network. This new channel allows its clients to transact in VND via locally issued virtual accounts in Vietnam, facilitating faster settlement, simplified reconciliation, and enhanced cash flow management for cross-border payments.

With Vietnam's deepening integration into global trade and investment networks, the need for streamlined and compliant cross-border fund movement grows. By offering VND virtual accounts, FOMO Pay enables businesses to transact in Vietnam's local currency more efficiently, unlocking opportunities in Southeast Asia’s fast-growing digital economy.

As cross-border commerce accelerates, FOMO Pay remains committed to delivering secure, compliant and one-stop payment solutions that connect global businesses with local ecosystems.
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About FOMO Pay

Founded in 2015, FOMO Pay Pte Ltd is a major payment institution licensed in Singapore and Hong Kong. The firm has become a leading one-stop digital payment, digital banking, and digital asset solution provider. It is currently building Asia’s fully licensed financial platform, helping institutions and businesses connect between fiat and digital currency. The firm offers its three flagship products:

FOMO Payment – One-stop digital payment solution for merchants, corporates and financial institutions

FOMO iBank – Facilitate businesses’ everyday requirements for transactional banking needs

FOMO Treasury – One-stop digital asset services provider bridging Web 2.0 & Web 3.0

Visit www.fomopay.com for more information. For media inquiries, contact marketing@fomopay.com.