Singapore · Banking & Payments

PayNow

Singapore's national instant payment system, letting users transfer money between banks using just a phone number or NRIC.

What it helps with

Paying a friendBy phone number.
Paying rentTo the landlord's NRIC.
Paying at shopsPayNow QR.

About PayNow

PayNow is Singapore's national fund transfer service, allowing instant transfers between participating banks using just a mobile number, NRIC/FIN or UEN, rather than needing full bank account details.

Key Features

Instant Transfers: Money moves between accounts almost immediately, across participating banks.
Simple Identifiers: Send money using a phone number or NRIC instead of bank account numbers.
Cross-Bank Compatibility: Works across nearly all major banks in Singapore, not tied to one institution.
QR Code Payments: PayNow QR codes are widely used for both peer-to-peer and merchant payments.

How to Get Started

Register for PayNow through your bank's mobile app, linking your phone number or NRIC.
To send money, enter the recipient's registered phone number, NRIC or scan their QR code.
Confirm the transfer amount and complete the transaction.
Check your bank statement or app for confirmation.

Before you use it

Sign-up: PayNow is set up in a Singapore bank app; visitors without a local account cannot use it.
Good to know: The app shows the recipient's masked name before you confirm; check it to avoid wrong transfers.

English available Local number needed Local ID needed

Frequently Asked Questions

Does PayNow work with a foreign bank card in Singapore?: Not reliably - a foreign card may be declined. Check the notice above, or plan to use a local payment method.
Is PayNow available in English?: Yes, PayNow has an English-language interface.
Do I need a local phone number to use PayNow?: Yes, PayNow requires a local phone number to register.
Do I need local ID or residency for PayNow?: Yes, PayNow requires local ID or residency status.
Where can I use PayNow?: iOS · Android · Web
How much does PayNow cost?: Free