PayNow is an electronic payment method in Singapore which utilizes the national QR-code, SG QR, to make direct bank transfers to merchants as well as person-to-person transfers. A total of 13 major banking institutions and financial institutions in Singapore support PayNow. Users can pay by scanning the unique QR code and the payment will be carried out instantly.

Payment flow

  • Step 1: Select PayNow, it will be redirected to a new page.
PayNow select payment method
PayNow redirect 1
PayNow redirect 2
  • Step 2: The user needs to generate a QR code
PayNow QR code
  • Step 3: Scan the generated QR code from the bank app within 30 minutes.

  • Step 4: The user will be redirected to a confirmation page.

PayNow payment result
PayNow successful page


name description
Countries Singapore flag SG
Type Bank Transfers
Processing currencies SGD
Supported currencies Refer to currency codes
Payment confirmation time Instant
Chargebacks No
Refunds No
Full Refund N/A
Partial Refund N/A
Refund type N/A
Refund timeframe N/A
Onboarding required No (account is for Terminal3 and is available to our merchants via MoR model only)
Recurring Payments No
Mobile UI Yes
Opens new window Yes
Min Transaction Limit 0.05 SGD

Available models:

  • Merchant.

Included with your Paymentwall account.

  • MOR.

Terminal 3.