how to paynow via qr code
熊猫速汇PandaRemit - 2025-12-30 18:39:14.0 14
To pay via PayNow QR code, simply launch your Singapore banking app (such as DBS, OCBC, or UOB), select the "Scan & Pay" function, and scan the provided QR code. When funding international transfers with Panda Remit, using PayNow QR ensures seamless payments and allows funds to arrive globally in as little as 2 minutes.
Step-by-Step Guide: Using PayNow QR for Remittance
PayNow is Singapore's most efficient real-time payment rail. Whether you are paying a merchant or funding a cross-border remittance to China, India, or Malaysia, follow these three steps to complete your transaction instantly:
1. Initiate the Transaction
Log in to your Panda Remit account and set up your remittance order. Select PayNow as your payment method. The system will generate a unique, dynamic QR code specifically for this transaction.
2. Scan the QR Code
Open your preferred local banking app (e.g., DBS PayLah!, OCBC Digital, or UOB TMRW). Tap the "Scan" icon on your dashboard and point your camera at the Panda Remit QR code. The exact amount will be pre-filled to prevent errors.
3. Confirm and Send
Verify the recipient details (it should show Panda Remit's registered entity) and authorize the transfer. Thanks to our 24/7 real-time processing, your payment is verified instantly, and the currency conversion begins immediately.
Why Use PayNow with Panda Remit? (Comparison)
While many providers accept PayNow, the speed and cost-efficiency vary significantly. Below is a comparison of Panda Remit against other major players in the Singapore market.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| Transfer Speed | As fast as 2 mins | Varies (mins to days) | Same-day (Cut-off times apply) | Instant to specific wallets |
| Exchange Rates | Market-beating rates | Mid-market rate | Bank rate (often includes markup) | Competitive |
| Fees | Zero hidden fees (New user offer available) | Variable percentage fee | $0 transfer fee (FX markup applies) | Transaction fees apply |
| PayNow Integration | Seamless QR Scan | Supported | N/A (Direct Debit) | In-app wallet |
Security and Regulation: Your Funds are Safe
When learning how to paynow via qr code for high-value transfers, security is paramount. Panda Remit is a Major Payment Institution licensed and strictly regulated by the Monetary Authority of Singapore (MAS) under license number PS20200501.
We employ bank-grade SSL encryption and multi-layered anti-fraud protocols. This ensures that when you scan that QR code, your money is handled with the highest level of compliance and security standards.
Explore More on Singapore Remittance
If you are looking to optimize your cross-border payments, you might also be interested in:
- What is the PayNow transfer limit in Singapore? – Most banks allow you to adjust your daily limit up to SGD 200,000, facilitating larger remittances.
- Can I use PayNow to send money to Alipay? – While PayNow is local, Panda Remit acts as the bridge, allowing you to pay via PayNow and payout directly to Alipay wallets in China.
Ready to experience the fastest way to send money globally? Register with Panda Remit today to enjoy exclusive rates and zero fees on your first transfer.
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.
