paynow_sgd

PayNow QR payment is a convenient and popular method in Singapore that allows customers to make payments by scanning a QR code using their mobile banking app. Once the payment is completed, the business receives instant confirmation, streamlining the transaction process and enhancing customer satisfaction.

How it Works?

Users register for PayNow by linking their mobile phone number or NRIC/FIN (National Registration Identity Card/Foreign Identification Number) to their bank account.
Payments can be made by:
- Entering the recipient's mobile phone number or NRIC/FIN.
- Scanning a QR code (PayNow QR).
- Using a proxy (e.g., Virtual PayNow Account).
Funds are transferred instantly between bank accounts.

Payment Method type

Users can use the below payment method type to create a transaction using PayNow in the available geography

Singapore: paynow_sgd

Functionality

Functionality	Yes/No	Description
Refund Support
Full Refund	✅	Made to phone number if provided, else with account details
Partial Refund	✅	Made to phone number if provided, else with account details
Generally Available	❌	Requires enablement which is almost instant.
Dispute and Chargebacks	✅

Limits and Expiration

The following is the upper and lower limits for PayNow transactions:

Minimum Limit: USD 0.01
Maximum Limit: USD 20000

The default expiration for a transaction is 20 minutes. This is further configurable within the default time of expiration.

User Experience

Native Experience

For more details, please click here.