Saturday, February 4

Tag: FOMO Pay

FOMO Pay To Use Ripple’s On-Demand Liquidity (ODL) Technology To Enhance Its Treasury Payments
Blockchain

FOMO Pay To Use Ripple’s On-Demand Liquidity (ODL) Technology To Enhance Its Treasury Payments

In a Monday update by Ripple, a blockchain company announced its partnership with FOMO pay, one of the leading payment institutions in Singapore. With this collaboration, FOMO Pay will be able to enhance its treasury remittances via Ripple’s On-Demand Liquidity (ODL) technology and gain persistent proximity to liquidity for the euro and the U.S. dollar. Long before the partnership of FOMO Pay with Ripple, the transaction of the company has to wait days to reach the destination account due to the inefficient mode of payments. Fortunately, the partnership has turned the table, FOMO Pay now has all-time access to the liquidity for euro and USD through their leveraging ODL for treasury payment. As stated by Louis Liu, the founder, and CEO of FOMO Pay: “As one of the leading payment i...