Singapore's IRAS taps DBS for payment digitalisation

AC

Andra Constantinovici

06 Aug 2020 / 5 Min Read

As agreed, DBS integrated APIs into the tax authority’s operating framework to enable online payments. IRAS now offers PayNow QR as a payment option on its myTax portal. Customers can use the payment method for paying individual income tax, corporate income tax, property tax and goods and services tax.

The implementation is expected to boost tax paying convenience for individual and corporate taxpayers. The customers can use their SingPass/CorpPass to log into IRAS’ myTax portal and scan the PayNow QR code with any participating banking app to make the payment. The service will also offer real-time status updates to the tax payers.



Countries:
AC

Andra Constantinovici

06 Aug 2020 / 5 Min Read

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