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Find here all the latest articles, news, and research on PayNow and other PayNow-related topics:

Find here all the latest articles, news, and research on PayNow and other PayNow-related topics:

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BIS's Nexus prototype links Eurosystem, Malaysia and Singapore payment systems

News | Online Payments | 27 Mar 2023

The Bank for International Settlements (BIS) Innovation Hub Singapore Centre has developed the Nexus concept of a multilateral network connecting multiple domestic instant payment systems (IPS).

instant payments, real-time payments, Monetary Authority of Singapore (MAS), PayNow, PromptPay

India and Singapore connect UPI and PayNow to facilitate cross-border payments

News | Payments General | 21 Feb 2023

India and Singapore have linked their digital payment systems, UPI and PayNow to enable instant and low-cost transfers between the two countries.

remittance, money transfer, cross-border payments, payments infrastructure, UPI, PayNow, real-time payments

Primer partners with Fazz to increase adoption of PayNow in Southeast Asia

News | Online Payments | 21 Sep 2022

UK-based automation platform for payments Primer has started collaborating with Fazz to allow merchants in Southeast Asia to add PayNow to their service.

ecommerce, merchants, partnership, PayNow, checkout optimisation

DuitNow and PayNow to link in 2022

News | Mobile Payments | 28 Sep 2021

BANK Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) announced plans to commence a phased linkage of Malaysia’s DuitNow and Singapore’s PayNow payment systems.

mobile payments, QR payments, PayNow, expansion, regulation

PayNow to link with India's UPI for low-cost instant fund transfers

News | Online Payments | 14 Sep 2021

The Monetary Authority of Singapore (MAS) and the Reserve Bank of India have announced plans to link Singapore's PayNow system with India's UPI real-time payment system.

PayNow, UPI, money transfer, money remittance

PromptPay, PayNow partner to allow Thailand-Singapore fund transfers

News | Mobile Payments | 29 Apr 2021

The Bank of Thailand and the Monetary Authority of Singapore have announced that they have linked Thailand’s PromptPay and Singapore's PayNow real-time retail payment systems, allowing users to transfer funds between the two countries.

PromptPay, PayNow, remittance

GrabPay, Singtel Dash, Liquid Pay users can now transfer funds via PayNow

News | Mobile Payments | 08 Feb 2021

The Association of Banks in Singapore has announced that GrabPay, Singtel Dash, and Liquid Pay users can now use PayNow to transfer money.

GrabPay, Singtel Dash, Liquid Pay, PayNow, Singapore, Asia, bank accounts, e-wallet, money transfer, mobile payments

Wirecard to cease payment services in Singapore, MAS directive

News | Online Payments | 02 Oct 2020

The Monetary Authority of Singapore (MAS) has directed Wirecard entities to cease their payment services in Singapore, according to straitstimes.com.

MAS, Wirecard, payment services, Singapore, payment services, Monetary Authority of Singapore, customer funds, Germany, digital payments, bankruptcy, bank accounts, Phillipines, APAC, Asia Pacific, Pasir Panjang, Wirecard SG, merchants, e-payments, Nets, PayNow, SGQR, pre-paid cards, credit cards, card payments

Google Pay launches Split a Bill feature in Singapore

News | Mobile Payments | 29 Sep 2020

Google has unveiled a new feature, called Split a Bill, for its Google Pay platform in Singapore.

Google, launch, Split a Bill, Google Pay, Singapore, PayNow, reward scheme, cashback, Order Food, recurring payees

UOB launches robo-advisor mobile app

News | Online & Mobile Banking | 04 Aug 2020

United Overseas Bank (UOB) has launched UOBAM Invest, a robo-advisory mobile app that offers retail investors in Singapore personalised investment portfolios.

UOB, robo-advisor, Singapore, United Overseas Bank, banks, UOBAM Invest, mobile app, retail, online, SNG1, Digital Advisor, myInfo, PayNow, payments

Rapyd research identifies rising digital payments across APAC

News | Online Payments | 11 Jun 2020

Global fintech Rapyd has revealed data regarding the frequently used and preferred payment methods in APAC. 

Rapyd, The Rapyd 2020 Asia Pacific eCommerce and Payment Study, APAC, India, Indonesia, Japan, Malaysia, Singapore, Taiwan, Thailand, e-wallets, e-commerce, mobile commerce, cards, mobile wallets, real-time payment, RTP, UPI, PromptPay, PayNow, Touch N Go, Boost, PayPal, GrabPay, Cash on Delivery, movement control order, mobile payment methods

OCBC rethinks branch strategy as digital banking surges amid COVID-19

News | Online & Mobile Banking | 19 May 2020

OCBC Bank has experienced permanent diverted branch traffic as digital banking became the preferred choice amid the pandemic. 

OCBC Bank, digital banking, COVID-19, branch traffic, digital transaction, online trading, loan applications, PayNow, digitalisation

OCBC launches PayNow fund transfers via Google Pay in Singapore

News | Online Payments | 15 Apr 2020

OCBC Bank has launched Google Pay's peer-to-peer funds transfer service to Singapore.

OCBC Bank, Google Pay, peer-to-peer payments, P2P payments, online payments, PayNow, Google Pay P2P service, Singapore, Asia, APAC

The Association of Banks in Singapore gives USD 500K to SMBs using PayNow

News | Mobile Payments | 10 Apr 2020

The Association of Banks in Singapore has announced will give away USD 500,000 as a reward to SMBs that sign up for PayNow, in a drive to encourage greater use of digital payments.

PayNow, QR payments

Maybank partners with Liquid Group to launch QR payment terminal for merchants

News | Mobile Payments | 09 Apr 2020

Maybank Singapore has teamed up with Liquid Group to launch an all-in-one QR payment terminal solution that supports the adoption of QR payments via PayNow.

Singapore, QR code, payment terminal, mobile payment, apps, merchants, Maybank, contactless payments, PayNow, Liquid Group

DBS launches QR-based B2B payments

News | Payments General | 20 Jan 2020

 

DBS has introduced quick response code-based payments for the B2B segment, in a bid to further propel Singapore’s cashless movement, says finews.asia.

DBS, Singapore, QR payments, B2B payments, cashless payments, online payments, fund transfer service, PayNow, F&B business, payments

TransferWise allows Singapore clients to receive money via PayNow

News | Online Payments | 09 Jan 2020

UK-based fintech TransferWise has introduced a new service that allows Singapore-based clients to receive money internationally via PayNow.

TransferWise, PayNow, partnership, money transfer, P2P instant payments, PSP, Payment Service Provider, Singapore, Asia, APAC

Omise to release PayNow as a new payment option

News | Online Payments | 13 Nov 2019

Omise, an Asia-based online payment platform, ​ has announced that it will release PayNow as a new payment option to ecommerce businesses in Singapore from December 2019 onwards.

Omise, online payments, product launch, ecommerce, merchants, API, product launch, Singapore, PayNow