FOMO Pay, a Singapore-licensed payment institution, launched the FOMO AI Soundbox on 25 March 2026, positioning it as the first merchant terminal in Singapore to consolidate card payments, PayNow, QR codes, e-wallets, and stablecoins into a single point of acceptance with real-time audio confirmation. The company also announced a forthcoming AI-powered merchant intelligence layer, with the device serving as the hardware foundation for future real-time voice queries on transaction data.
Key Facts At A Glance
- FOMO Pay launched the FOMO AI Soundbox on 25 March 2026 in Singapore.
- The device accepts cards, PayNow, QR payments, e-wallets, and stablecoins through a single terminal with real-time audio confirmation.
- FOMO Pay holds a Digital Payment Token (DPT) licence from the Monetary Authority of Singapore (MAS).
- Stablecoin integrations include Circle’s USDC, FDUSD issued by First Digital, and USDG by Paxos.
- The firm uses Elliptic blockchain analytics for compliance monitoring and transaction due diligence.
- An AI-powered merchant intelligence layer is in development, allowing merchants to query transaction data in real time through the device.
- FOMO Pay is licensed in Singapore, Hong Kong, and the Middle East, and is building cross-border payment corridors across Asia, Africa, and the Middle East.
FOMO Pay’s FOMO AI Soundbox enters a payments infrastructure landscape that has, until now, kept traditional off-chain and on-chain payment methods on separate rails. The device consolidates card acceptance, Singapore’s national PayNow system, QR codes, e-wallets, and regulated stablecoin payments into a single terminal, marking a practical convergence of legacy and digital asset payment infrastructure at the merchant level.
Stablecoin Compliance Framework
The firm’s ability to accept stablecoins at the point of sale is underpinned by its MAS-issued Digital Payment Token licence, which governs the handling of digital payment tokens in Singapore under the Payment Services Act. FOMO Pay has established integrations with three stablecoin networks: Circle’s USDC, FDUSD issued by First Digital, and USDG issued by Paxos. To manage compliance and transaction risk, the company has deployed Elliptic blockchain analytics to monitor on-chain activity and conduct due diligence on stablecoin transactions.
The AI Layer
Beyond payment acceptance, the FOMO AI Soundbox is designed to support a forthcoming merchant intelligence capability. The device includes a built-in microphone intended to enable future voice-based queries, allowing merchants to interact with their transaction data directly through the terminal. FOMO Pay is developing an AI layer on top of its merchant portal infrastructure, which currently captures transaction patterns and operational data across the platform. The stated aim is to allow merchants of all sizes to convert day-to-day transaction data into actionable business insights without additional manual effort.
Agentic Commerce Positioning
Louis Liu, Founder and CEO of FOMO Pay, described the launch in the context of a broader shift toward agentic commerce, where autonomous AI systems initiate and complete transactions on behalf of users. Liu said the infrastructure must evolve to support payment rails that can operate across both conventional and programmable, on-chain environments. The company stated it is building cross-border payment corridors in Asia, Africa, and the Middle East, with the Soundbox positioned as part of that broader infrastructure strategy.
FOMO Pay was founded in 2015 and operates three product lines: FOMO Payment for merchants and financial institutions, FOMO iBiz for business transactional banking, and FOMO Treasury for digital asset services. Publicly available information does not include pricing details for the FOMO AI Soundbox or deployment figures at this stage.