CoinVoice has recently learned that Volkswagen Group Singapore (VGS) has announced a partnership with payment institution FOMO Pay to accept digital currency payments for vehicles and related services. According to the agreement, customers can use Bitcoin, Ethereum, and stablecoins such as USDT and USDC for payments.

This payment service will be applied to partial payments for new cars and after-sales services, with a daily transaction limit of 4500 Singapore dollars and a maximum limit of 13500 Singapore dollars. FOMO Pay will provide payment infrastructure to ensure transaction compliance and offer real-time exchange rate services.[Original link]