Search Results for "PayNow"

Independent Reserve Adds PayNow Option to Ease SGD Deposits

Independent Reserve, a licensed crypto exchange in Singapore, announced the addition of the PayNow service to its platform, aiming to simplify and secure the process of Singapore Dollar (SGD) deposits for its users. With the integration of PayNow, users can

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DBS Resolves PayNow Transaction Delays

DBS Bank has announced that all FAST/PayNow transactions affected by the delay on Tuesday (26 September) have been processed and transaction histories have been updated as of 11:50pm on Wednesday (27 September). In a series of Facebook updates, DBS provided

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Nium Joins FAST and PayNow to Accelerate Real-Time Payments

Global payments platform Nium has joined the FAST and PayNow networks in Singapore and is now among a growing group of non-financial institutions participating in this initiative alongside 30 banks across the world. The FAST and PayNow networks enable seamless

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Aspire Launches Full Integration With PayNow for Businesses

All-in-one finance platform Aspire announced that it has enabled bi-directional payments with PayNow, Singapore’s real-time payment system. Users can make PayNow transfers to other business or personal accounts via QR code, mobile number, National Registration Identity Card (NRIC), Unique Entity

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Close to 500 Cases of Phishing Scams Involving PayNow Transactions Reported in 2021

There were 477 cases of banking related phishing scams involving PayNow transactions in 2021 with a median loss of S$3,400, according to statistics from the Singapore Police Force. Tharman Shanmugaratnam, Senior Minister and Minister in charge of the Monetary Authority

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Stripe Allows Singapore Businesses to Offer PayNow Transactions

Stripe, a global financial infrastructure platform for businesses, announced that its Singapore-based users can begin accepting PayNow as a payment method across its integrated suite of solutions. Since its launch in 2017, PayNow has grown to over 4.9 million registered

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Digital Assets Trading Platform Sparrow Offers PayNow Services for Institutional Clients

Sparrow, a digital assets trading platform headquartered in Singapore, announced that it now accepts PayNow transfers for institutional clients. PayNow is a convenient and secure method of transfer which is in line with the high-security standards adopted by the local

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Singapore’s PayNow to Link Up With India’s UPI for Real-Time Payments by 2022

The Monetary Authority of Singapore (MAS) and the Reserve Bank of India announced plans to link Singapore’s PayNow and India’s Unified Payments Interface (UPI) real-time payment systems by July 2022. The PayNow-UPI linkage will enable users to make instant, low

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Non-Bank E-Wallets GrabPay, LiquidPay and Singtel’s Dash to Offer PayNow

The Association of Banks in Singapore (ABS) announced that for the first time PayNow has been made available to three non-bank Financial Institutions (NFIs) namely Grab Financial Group, Liquid Group and Singtel’s Dash effective from today onwards. The addition of

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E-Wallets Will Soon Have Access to E-Payment Platforms FAST and PayNow

The Monetary Authority of Singapore (MAS) announced that non-bank financial institutions (NFIs) that are licensed as a major payment institution under the Payment Services Act, will be allowed to connect directly to Fast and Secure Transfers (FAST) and PayNow from

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