Users
2.6MPayNow | |
|---|---|
pmt_paynow |
PayNow makes Singapore dollar transfers addressable by mobile number, identity number or business identifier through banks and wallets. It uses the domestic instant-payment infrastructure, with QR merchant acceptance and selected overseas links extending the bank-connected experience.
Use cases:
Channels:
Initiation:
Markets
1TPV
$10BTransactions
46MEstimated Monthly Usage, Aurato Research, October 2026
Capabilities
Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities
Markets
Estimated Monthly Usage, Aurato Research, October 2026
PSPs
Schemes
Compliance
Regulator
Monetary Authority of Singapore
No regulations have been mapped yet.
