PayNow
Singapore's instant transfer service, paid by scanning a standard SGQR code in any banking app.
How it works for your customer
- 1
The shopper chooses PayNow and a QR code is shown.
- 2
They scan it with their banking app.
- 3
They confirm and the payment settles at once.
At a glance
- Type
- Bank transfer
- Countries
- SG
- Currencies
- SGD
- Recurring payments
- Not supported
- Refunds
- Supported
- Disputes
- No chargebacks (push payment)
- Payouts to this method
- Supported
- Typical settlement
- T+0
Availability is illustrative placeholder data.
Market guides
Similar methods
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- UPIBank transferIndia's real-time bank payment network, used through apps such as PhonePe, Google Pay and Paytm.
- BLIKBank transferPoland's mobile payment standard, built into banking apps and approved with a short code.
- SwishBank transferSweden's mobile payment app, linked to a bank account and confirmed with BankID.
- SPEIBank transferMexico's interbank transfer system, where shoppers push money to a reference account from their bank.