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Volkswagen Singapore Lets Customers Pay In Crypto Via Fomo Pay
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Volkswagen Singapore Lets Customers Pay in Crypto via FOMO Pay

by admin August 18, 2025



Volkswagen Singapore is moving fast to transform car buying by letting customers pay with cryptocurrencies. The company partnered with FOMO Pay, a local firm, to allow customers to make payments using Bitcoin (BTC), Ethereum (ETH), and stablecoins like USDT and USDC. 

As per the release, a survey done recently shows that about one in four Singaporeans now own digital assets, highlighting a growing interest in digital currencies. Volkswagen Singapore is responding by offering more modern and flexible ways to pay.

The integration with FOMO Pay ensures secure and efficient transactions. Dr. Kurt Leitner, Managing Director of VGS, explained, “An increasing number of consumers today are digital natives. 

They expect speed and convenience across all touchpoints, including how they pay.” The partnership targets partial payments for new vehicles and aftersales services, with daily transaction limits of SGD 4,500 and a maximum of SGD 13,500 to prevent misuse.

How VGS Implements Crypto Payments

VGS handles digital assets transactions through the enterprise architecture of FOMO Pay. The gateway makes sure that there is alignment with local regulations and offers up-to-the-minute currency rates. This means customers can enjoy easy payments, while the business maintains a clear and open operation.

Furthermore, this integration supports Singapore’s goal of creating a digital economy. Rose Wang, Head of Digital Payments at FOMO Pay, noted, “As Singapore advances toward becoming a smart financial center, we believe digital assets will continue to play an important role in improving customer experience.”

However, VGS also emphasizes customer choice. FOMO Pay accepts hybrid and fiat payment methods for both online and offline purchases. The multi-channel strategy helps VGS be dedicated to providing a mobility experience.

Volkswagen Singapore is making it easier for customers to pay with digital currencies. This shift is changing the way people engage with premium brands. By embracing cryptocurrency, VGS is not only offering greater convenience and security but also adding flexibility to the mix, all while modernizing its payment systems for a fresh, contemporary experience.

Also Read: Solana Expands to Dubai With First Official Hub



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August 18, 2025 0 comments
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Esports

Volkswagen gates a new vehicle’s full horsepower behind monthly subscription

by admin August 17, 2025



Volkswagen’s ID3 Pro and Pro S vehicles are some of their latest car models, and, while they look like a typical car the iconic vehicle manufacturer would deliver, there’s a secret under the hood.

For both of these models, the maximum horsepower is listed at 228bhp (brake horsepower). However, driving the vehicle normally, you can only push it to 201bhp. In order to get that extra power out of it, you’ll have to pay extra.

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At around $20 a month, $200 a year, or a lump sum payment of roughly $760 dollars, you can get that full horsepower.

And, while it’s difficult to imagine why the ID3 models are limiting themselves and forcing a paywall for users who want to put the pedal to the metal, Volkswagen explained their reasoning behind the change.

Volkswagen explains horsepower subscription service

The way that the sub works for their ID3 vehicles is incredibly bizarre. Rather than it being tied to any one driver, the sub is tied to the vehicle. So, for instance, if someone were to pay the full price of buying that power boost for life and they were to sell their ID3 secondhand, whoever got the car next wouldn’t have to pay for it.

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Volkswagen views the service as a way to offer people more power under the hood without having to sell them a new car.

“Offering more power to customers is nothing new – historically many petrol and diesel vehicles have been offered with engines of the same size, but with the possibility of choosing one with more potency. These traditionally are higher up in the product range, with more specification and a higher list price,” reads a statement sourced from Autoexpress UK.

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Volkswagen has released a vehicle that gates its full horsepower behind a paid subscription

Users have to pay a monthly fee of around $20 to drive the car at top speed pic.twitter.com/TMCh3748pb

— Dexerto (@Dexerto) August 17, 2025

“If customers wish to have an even sportier driving experience, they now have an option to do so, within the life of the vehicle, rather than committing from the outset with a higher initial purchase price. The car is presented on the configurator with [201bhp], with the option made very clear to customers.”

And, in all fairness to Volkswagen, it’s pretty rare that the average driver will have to push their car to the limit. However, there’s a great deal of backlash from potential buyers who would have to purchase the vehicle and then have to pay even more to unlock its full potential.

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However, Volkswagen’s business ventures aren’t all this contentious. They’ve started selling sausages and managed to sell more sausages than cars in 2024.





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August 17, 2025 0 comments
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