FOMO Pay partners with Banking Circle

The partnership will allow for Collection on Behalf of (COBO) and Payment on Behalf of (POBO) services for FOMO Pay's corporate clients in APAC.

Banking Circle is a payments bank committed to building a local clearing network for all major currencies. It provides a suite of banking solutions including multi-currency banking accounts and Virtual IBANs, bank connections for local clearing and cross border payments, all underpinned by compliance and security.