PayNow
Most popular payment method in Singapore
Overview
PayNow is a real-time payment method widely used in Singapore that allows customers to make instant payments using their mobile number or a unique PayNow QR code. It simplifies the payment process by eliminating the need for bank account details, making it a popular choice for both online and offline transactions.
Detail | Description |
---|---|
Fund Credit To | HitPay Wallet |
Instant | |
SGD | |
SGD | |
Minimum Amount | SGD 0.50 |
Maximum Amount | - (Local) / SGD 200,000 (~US$146,000) (Cross-border) |
Daily Limit | Subject to bank’s daily transfer limit |
Refund Supported | ✓ |
Supported for online transactions | ✓ |
Supported for in-person transactions (Embedded QR Code) | ✓ |
Supported Countries | ALL (Cross-border Payment Method) |
Transactions Fees (Local) | 0.65% + SGD 0.30 (for transaction values of SGD 100 and above) 0.9% (min fee SGD 0.20) (for transaction values below SGD 100) |
Transactions Fees | Contact Sales |
Key Features
- Instant Transfers: Funds are transferred instantly between bank accounts.
- Convenience: Easy setup and use via mobile banking apps.
- Security: Enhanced security features with two-factor authentication.
- Wide Acceptance: Supported by major banks in Singapore.
User Experience
Watch this video to see how the PayNow payment experience looks:
Setup
To set up PayNow as a payment method, follow these steps: PayNow payment method is enabled by default for all Signpaore busiensses. For other countires, make sure to follow the below steps.
- Navigate to Settings in your HitPay dashboard.
- Click on Payment Methods.
- Enable PayNow and configure the necessary options.
Developer Section
Feature | Description |
---|---|
Method Code | paynow_online |
Sandbox Testing | Available |
Supports Embedded QR | True |
Refund API Support | True |
Drop-in UI Support | True |
API Testing in Sandbox
Developers can test PayNow integration in the sandbox environment to ensure smooth processing. Use the HitPay API to simulate transactions and verify payment confirmation and error handling mechanisms.
Drop-in UI Support
HitPay offers a drop-in UI component for easy integration of PayNow into your website or app. This allows for a seamless payment experience without the need for extensive development work.
FAQs
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