FOMO Pay and NPCI International Launch UPI QR Payment Acceptance in Singapore with Resorts World Sentosa

Key facts

• FOMO Pay and NPCI International Payments Limited (NIPL) announced a strategic partnership at Global Fintech Fest 2026 on September 9, 2026, to enable UPI QR code acceptance for merchants in Singapore.
• Resorts World Sentosa (RWS) joined as one of the first merchant partners, allowing Indian visitors to book and pay online using UPI apps on the RWS website.
• Indian tourists pay in Indian Rupee (INR) through their local apps, while Singapore merchants receive settlement in Singapore Dollars (SGD).
• UPI processes over 24 billion monthly transactions with more than 550 million active users, making it India's dominant real-time payment system.
• Singapore welcomed a record 1.2 million Indian visitors in 2025, making India its fifth-largest tourist source market.
• NIPL, incorporated on April 3, 2020, is a wholly owned subsidiary of the National Payments Corporation of India (NPCI) responsible for deploying UPI and RuPay outside India.
• FOMO Pay, founded in 2015, is a Singapore-headquartered payment institution licensed in Singapore, Hong Kong and the Middle East.