how to generate qr code for paynow
熊猫速汇PandaRemit - 2025-12-30 16:52:19.0 9
To generate a PayNow QR code, simply log in to your Singapore banking app (such as DBS, OCBC, or UOB), navigate to the "PayNow" or "Scan & Pay" section, and select "Receive" or "Generate QR." For international money transfers, Panda Remit automatically generates a dynamic PayNow QR code for seamless payments, allowing you to fund transactions that arrive in as little as 2 minutes.
Understanding PayNow QR Codes in Singapore
PayNow has become the gold standard for real-time funds transfer in Singapore. Whether you are a merchant collecting payments or an individual sending money abroad, understanding how to generate and use these codes is essential. There are generally two types of QR codes you will encounter:
- Static QR Code: Used by individuals or merchants to receive money repeatedly (linked to a mobile number or UEN).
- Dynamic QR Code: Generated for a specific transaction amount and reference, commonly used by financial services like Panda Remit to ensure accurate, automated reconciliation.
Step-by-Step: How to Generate and Use PayNow QR for Remittance
If you are looking to send money globally using Panda Remit, the platform simplifies the process by generating the code for you. Here is the 1-2-3 step guide to funding your remittance via PayNow:
Step 1: Initiate Your Transfer
Open the Panda Remit app and enter the amount you wish to send. Select PayNow as your payment method. Our system supports seamless payment & global payouts, connecting directly to major wallets like Alipay and WeChat Pay.
Step 2: Generate the QR Code
Confirm your transaction details. Panda Remit will instantly generate a unique, dynamic PayNow QR code on your screen. This code includes the exact amount and reference number, ensuring zero errors.
Step 3: Save and Pay via Bank App
Save the QR code image to your phone gallery. Open your preferred banking app (DBS/POSB, UOB, OCBC, etc.), select "Scan & Pay," and upload the image from your album to complete the transfer. Thanks to our lightning-fast transfer capabilities, funds often arrive at the destination in as little as 2 minutes.
Comparison: Panda Remit vs. Competitors
When using PayNow for cross-border payments, not all services offer the same speed or value. Below is a comparison of Panda Remit against other major players in the Singapore market.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| PayNow Integration | Seamless (In-App Gen) | Supported | N/A (Direct Debit) | Supported |
| Transfer Speed | As fast as 2 mins | Varies (Hours to Days) | 1-3 Working Days | Instant to specific partners |
| Exchange Rates | Competitive (Mid-market) | Mid-market | Bank Rate (Higher markup) | Includes markup |
| Fees | Low/Zero for New Users | Variable percentage | $0 (but higher FX spread) | Variable |
Why Trust Panda Remit with Your PayNow Transfers?
Security is paramount when generating payment codes and transferring funds. Panda Remit is a Regulated & Secure platform, operating as a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS) under license number PS20200501.
We implement bank-grade SSL encryption and multi-layered anti-fraud protocols. This ensures that every PayNow QR code generated and every dollar transferred is protected by the highest compliance standards in Singapore.
Explore More on Singapore Remittance
If you are looking to optimize your cross-border finances, you might also be interested in:
- What is the PayNow transfer limit for Singapore banks? – Most banks default to S$1,000 but can be raised to S$200,000.
- How to use PayNow to transfer to Alipay? – Direct PayNow to Alipay isn't possible, but you can use Panda Remit to bridge this gap instantly.
Ready to experience fast, secure, and low-cost transfers? Register with Panda Remit Singapore today to enjoy exclusive new user offers.
Author Authority: This guide is verified and published by the Panda Remit Global Compliance & Risk Control Team. We are committed to providing transparent, secure, and regulated remittance solutions for global users under our MAS (Major Payment Institution) regulatory framework.
