source verified Ranked 96 of 105 Pure SoftPOS Asia-Pacific

FOMO Pay reviewed — 2026

Launched November 2024 together with Mastercard; the provider puts the cost saving versus terminals at over 90 per cent.

Editorial: SoftPOS24 Payment ResearchUpdated: 15.08.2026Data set: 121 providers, 14 criteriaSource: Open primary source ↗
SoftPOS24 overall score
1.2/5
25 out of 100 points · Rating 4.0 (adequate)
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Price transparency
5/30
Market coverage
5/25
Platform coverage
9/15
Security certification
3/15
Card acceptance
3/15

The score measures transparency, reach and certification of the offer — not how well the app works. See the formula

In short

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 nameFOMO SoftPOS
Provider typePure SoftPOS
HeadquartersSingapore
Founded2015
PlatformsAndroid (from Android 12)
CertificationMastercard Cloud Commerce (no explicit MPoC statement)
Transaction feeon request
Monthly feeon request
Setup coston request
Contract termn/a
Cards acceptedMastercard
PIN entry on screenn/a
Transaction limitn/a
Target customersSMEs, pop-up stores, food trucks, taxis, delivery services; also banks as white-label customers
Available marketsSingapore (first APAC market for Mastercard Cloud Commerce)
Websitefomopay.com
Data sourceOpen primary source ↗

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