Guide - How To Receive Payment By PayNow

Discussion in 'Guides - Commonly Asked Questions' started by Middleman, 2/9/20.

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  1. Middleman

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    How do I receive payment?HideExpand

    When filling out your payment form, provide your Mobile Number or Unique Entity Number (UEN) associated with your account inside the additional information box.

    How do I use this payment option?HideExpand

    PayNow is a peer-to-peer funds transfer service available to retail customers of nine participating banks in Singapore – Bank of China, Citibank Singapore Limited, DBS Bank/POSB, HSBC, Industrial and Commercial Bank of China Limited, Maybank, OCBC Bank, Standard Chartered Bank, and UOB. PayNow offers an enhanced funds transfer experience that enables retail customers of the nine participating banks to send and receive Singapore Dollar funds from one bank to another in Singapore through FAST by using just their mobile number or Singapore NRIC/FIN, almost instantly. The sender no longer needs to know the recipient’s bank and account number when transferring money via PayNow. PayNow, launched on 10 July 2017 is provided free to retail customers and is available 24/7, 365 days.

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