The launch of FOMO AI Soundbox marks a key step for FOMO Pay in reshaping merchant payment infrastructure and the way business management and data-driven decision-making are conducted.
Article by: FOMO Pay
Article source: FOMO Pay
FOMO Pay Singapore today announced the launch of FOMO AI Soundbox and simultaneously unveiled a new phase in its product strategy: a full-scenario payment solution centered on artificial intelligence.
FOMO AI Soundbox: Singapore's first AI-powered "on-chain + off-chain" aggregated payment terminal
Over the past decade, business models have evolved from offline retail and online e-commerce to new business models driven by blockchain and AI. In this process, on-chain and off-chain payments have merged to support diverse transaction scenarios.
Founded in 2015, FOMO Pay has built an off-chain payment system encompassing credit cards, bank transfers, e-wallets, and QR codes to serve retail and e-commerce scenarios. With the development of blockchain technology, the company became the first fintech enterprise in Singapore to obtain a digital payment token service license in 2021, launching compliant stablecoin and digital asset payment solutions to achieve on-chain payment capabilities. Building on this foundation, as AI technology rapidly penetrates commercial scenarios, merchants' demand for intelligent payment and fund management capabilities continues to increase, giving rise to AI-driven payment models.
Building on its experience and understanding of on-chain and off-chain payment systems, FOMO Pay has launched the FOMO AI Soundbox—Singapore's first AI-powered "on-chain + off-chain" integrated payment terminal. The device integrates credit card, QR code, e-wallet, and stablecoin payments into one device, allowing merchants to complete all payments through a single terminal without switching between multiple devices or undertaking complex system integrations. Each transaction supports real-time confirmation and includes instant voice announcements, enabling both merchants and consumers to clearly understand the transaction status during the checkout process.
The launch of FOMO AI Soundbox not only improves the efficiency and experience of merchant payment collection, but also lays the foundation for FOMO Pay to build AI merchant intelligence capabilities, further moving towards the era of "intelligent commerce" and AI payment.
Injecting AI capabilities into merchants
The FOMO AI Soundbox features a built-in microphone, providing hardware support for natural language interaction between merchants and business data. FOMO Pay is exploring ways to leverage AI to enable merchants to access operational data and reports in real time via voice, transforming the payment terminal into a smart business assistant that "perceives business needs and assists in decision-making."
As the core of the FOMO Pay payment ecosystem, the Merchant Management Center has accumulated massive amounts of transaction patterns, consumer behavior, and operational data. Based on this, FOMO Pay is building an AI ecosystem layer aimed at providing actionable business advice to every merchant it serves, regardless of their size or technological maturity, helping them make more informed decisions.
For many merchants, transforming daily transactions into meaningful business insights often requires a significant investment of time and resources. FOMO Pay's AI capabilities aim to help merchants better understand their business performance and make more accurate judgments without adding extra human intervention.
Building the next generation of business ecosystem
The launch of FOMO AI Soundbox marks a key step for FOMO Pay in reshaping merchant payment infrastructure and the way business management and data-driven decision-making are conducted.
Louis Liu, founder of FOMO Pay, stated, “The path consumers take to access information, make informed decisions, and execute payments is being fundamentally rewritten. AI agents are increasingly becoming active participants in business activities, capable of conducting research, providing decision-making support, and even directly completing purchases on behalf of users. This shift will have a more profound impact on consumer behavior than any revolution since the rise of mobile payments. The infrastructure supporting these transactions must also evolve accordingly. At FOMO Pay, we are building the infrastructure that makes all of this possible: not only fast and interconnected payment channels, but also a system intelligent enough to support a future world where AI agents, businesses, and consumers work together.”
In the future, merchants will increasingly demand both traditional off-chain payments and emerging on-chain programmable payments. These two methods will not replace each other, but rather operate more closely and in parallel in daily business activities.
