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Volkswagen Singapore Partners with FOMO Pay to Support Cryptocurrency Payments, Accepting BTC, ETH, and Stablecoins for Vehicle and Service Fees

Summary: Volkswagen Singapore (VGS) announced on August 14th a partnership with payment provider FOMO Pay to introduce cryptocurrency payment services. Consumers can now use BTC, ETH, and stablecoins (USDT, USDC, etc.) to pay for vehicles and service fees. Each customer has a daily payment limit of 4500 SGD, with a cumulative limit of 13500 SGD. This ...

Volkswagen Singapore (VGS) announced on August 14th a partnership with payment provider FOMO Pay to introduce cryptocurrency payment services. Consumers can now use BTC, ETH, and stablecoins (USDT, USDC, etc.) to pay for vehicles and service fees. Each customer has a daily payment limit of 4500 SGD, with a cumulative limit of 13500 SGD. This move aligns with the trend of digital asset adoption in Singapore, aiming to enhance payment speed, security, global interoperability, and reduce transaction costs.

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