Search Results for "PayNow"
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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PayNow Increases Default Limit for Ad-Hoc Transactions up to S$200,000
The Association of Banks in Singapore (ABS) announced that all of the nine participating PayNow banks will allow ad-hoc transactions of at least S$5,000 or more. This will enable customers to use PayNow, an electronic fund transfer service, for a
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DBS’ QR Ang Bao Solution Now Open to All Singaporeans with a PayNow Account
Following the success of last year’s DBS QR Ang Baos which saw over SGD 1.5 million loaded during Chinese New Year in 2019, DBS is reintroducing an enhanced version which includes new functions that they say will deliver greater convenience
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PayNow QR is The Latest to Adopt SGQR, Singapore’s Unified Payment QR Code
The Association of Banks in Singapore (ABS) announced yesterday that PayNow QR will adopt the Singapore Quick Response Code (SGQR) specifications, enabling businesses to collect payments via PayNow through the national unified payment QR code, SGQR. The adoption of the
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Singaporeans Transacted Over 1 Billion SGD Per Month on PayNow
The Association of Banks in Singapore (ABS) announced today that the value of PayNow transactions per month has crossed the S$1 billion mark for three consecutive months since July. This significant milestone, highlights the growing ubiquity of PayNow for payment
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Maybank Now Lets Merchants Issue Unique PayNow QR Codes for Individual Invoices
Maybank Singapore teams ups with Malaysia-based fintech company Financio to offer customers invoices attached with dynamic QR Code that embeds the company’s UEN, payer name, invoice number and payment amount, using the Maybank PayNow system. The goal is to allow business
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PayNow Collaborates with Digital Insurer and DBS
The digital insurer FWD and DBS Bank collaborating to provide electronic payment of claims via PayNow. PayNow is an electronic fund transfer service available to customers of any of the seven participating banks: Citibank Singapore Limited, DBS Bank/POSB, HSBC, Maybank,
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OCBC Bank makes PayNow even more seamless by enabling account-to-account QR code transfers
By innovatively marrying QR codes with PayNow’s infrastructure, OCBC Bank has delivered a new level of convenience to funds transfers. PayNow did away with the need to know bank account numbers and “adding payees” when making funds transfers. The OCBC
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Trust Bank Introduces AutoPay for Credit Card Repayments
Singapore’s digital bank Trust has rolled out AutoPay, a feature aimed at simplifying the process of credit card repayments for its users. This development allows Trust Bank‘s users to set up automatic repayments for their credit cards with just a
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Here Are the Top 10 Must-Attend Sessions at Money20/20 Asia 2024
As the fintech landscape continues to evolve rapidly, Money20/20 Asia 2024, held in Bangkok from 23 to 25 April, stands out as a pivotal event for industry professionals. This year’s conference promises a wealth of knowledge with over 50 hours
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