FOMO Pay taps Ripple’s liquidity solution for treasury management

FOMO Pay taps Ripple’s liquidity solution for treasury management

Singapore-based institutional digital payment solution provider FOMO Pay has become the latest fintech firm to integrate Ripple’s liquidity solution called on-demand liquidity (ODL).

FOMO Pay would use the popular crypto enterprise technology to improve its cross-border treasury settlements. With ODL integration, the firm aims to achieve an instant settlement with very low transaction costs.

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