FOMO Pay card reader review 2026: tap to pay fees and rating
Launched November 2024 together with Mastercard; the provider puts the cost saving versus terminals at over 90 per cent.
The score measures transparency, reach and certification of the offer — not how well the app works. See the formula
FOMO Pay offers FOMO SoftPOS for Android. Transaction fee: on request; monthly fee: on request. Security certification: n/a. Available in: Singapore (first APAC market for Mastercard Cloud Commerce).
FOMO Pay terms in full
| Product name | FOMO SoftPOS |
|---|---|
| Provider type | Pure SoftPOS |
| Headquarters | Singapore |
| Founded | 2015 |
| Platforms | Android (from Android 12) |
| Certification | Mastercard Cloud Commerce (no explicit MPoC statement) |
| Transaction fee | on request |
| Monthly fee | on request |
| Setup cost | on request |
| Contract term | n/a |
| Cards accepted | Mastercard |
| PIN entry on screen | n/a |
| Transaction limit | n/a |
| Target customers | SMEs, pop-up stores, food trucks, taxis, delivery services; also banks as white-label customers |
| Available markets | Singapore (first APAC market for Mastercard Cloud Commerce) |
| Website | fomopay.com |
| Data source | Open primary source ↗ |
Alternatives to FOMO Pay
Comparable providers in Asia-Pacific:
- 2C2P (Antom / Ant International) — on request, Rating 3.3
- Windcave — on request, Rating 3.4
- Mswipe Technologies — on request, Rating 4.0
- Paytm (One97 Communications) — on request, Rating 4.0
- Ezetap (Razorpay POS) — on request, Rating 4.0
Compare all providers in Asia-Pacific →
Frequently asked questions
FOMO Pay tap to pay: do I need any extra hardware?
No. FOMO Pay is a pure SoftPOS provider — the app turns a phone you already own into the card reader, and there is no terminal to buy or rent. Supported platforms: Android.
Which countries is FOMO Pay available in?
By our records: Singapore (first APAC market for Mastercard Cloud Commerce). Availability changes, and the date above the table is when we last checked.