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.

DetailDescription
Fund Credit ToHitPay Wallet
Instant
SGD
SGD
Minimum AmountSGD 0.50
Maximum Amount- (Local) / SGD 200,000 (~US$146,000) (Cross-border)
Daily LimitSubject to bank’s daily transfer limit
Refund Supported
Supported for online transactions
Supported for in-person transactions (Embedded QR Code)
Supported CountriesALL (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 FeesContact 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.

  1. Navigate to Settings in your HitPay dashboard.
  2. Click on Payment Methods.
  3. Enable PayNow and configure the necessary options.

Developer Section

FeatureDescription
Method Codepaynow_online
Sandbox TestingAvailable
Supports Embedded QRTrue
Refund API SupportTrue
Drop-in UI SupportTrue

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