PayNow

Retail Asia29/09/2021

The link will enable more seamless payments for the high volume of remittances between the two neighbors, which reached S$1.3 billion ($960 million) in 2020. Singapore and Malaysia’s central banks will be embarking on a phased linkage of PayNow and DuitNow, their national real-time payment systems, the Monetary Authority of Singapore (MAS) said in an […]

Retail Asia14/06/2021

The initiative will remove one of the roadblocks – the need for physical signatures – in fully digitalizing the documentation process. UOB is starting a 12-month trial to test the use of Government Technology Agency’s (GovTech) Sign with Singpass among its retail and corporate customers, which will be used to confirm transactions such as individual […]

Retail Asia19/11/2019

The move by PayNow to adopt SGQR makes it easier for businesses and consumers to use the mobile e-payment service. PayNow is adopting Singapore Quick Response (SGQR) specifications, which allows businesses and billing organizations to collect PayNow payments through SGQR, the Association of Banks in Singapore (ABS) announced in a statement on Monday. To pay via PayNow, consumers […]

Retail Asia16/04/2019

Singapore operator M1 has partnered with the nation’s United Overseas Bank (UOB) to offer PayNow as a payment mode for M1 customers. Under the agreement, M1 customers can now make mobile payments for purchases via PayNow at all M1 Shop outlets, as well as make monthly bill payments via PayNow by scanning the QR Code on the […]

Retail Asia27/12/2017

After years of creeping at a snail’s pace, the e-payment scene has roared to life, setting 2018 up to be the year that cashless payments could finally become ubiquitous. Once Prime Minister Lee Hsien Loong made a call for a unified e-payment system at the National Day Rally in August, there were many developments, culminating […]

Tag: PayNow

Singapore and Malaysia to Link Real-Time Payment Systems

UOB Pilots Digital Signature Authorization

PayNow Simplifies Payments for Consumers and Businesses

M1 taps UOB for QR code payment

Going cashless no small change