how to scan qr code paynow
熊猫速汇PandaRemit - 2025-12-30 18:43:43.0 7
To scan a PayNow QR code, simply launch your preferred Singapore banking app (e.g., DBS, OCBC, UOB), select the "Scan & Pay" function, and align your camera with the QR code. When funding international transfers via Panda Remit, this seamless payment method allows for instant deposit confirmation. Backed by 24/7 real-time processing, your funds can arrive at their global destination in as little as 2 minutes.
Step-by-Step Guide: Using PayNow QR for Instant Transfers
Whether you are paying a merchant or funding a cross-border remittance, the process is standardized across all major Singapore financial apps. Follow these three steps to complete your transaction securely:
- Launch Your Banking App: Open your local banking application (such as DBS PayLah!, OCBC Pay Anyone, or UOB TMRW) and log in securely.
- Select 'Scan & Pay': Tap the QR code icon usually located on the home screen. Point your camera at the PayNow QR code generated by the recipient or the Panda Remit app.
- Verify and Confirm: Check the recipient's name (or UEN for businesses) and the amount. Once verified, slide or tap to confirm. The transfer is immediate.
Why Use PayNow with Panda Remit?
Integrating PayNow with Panda Remit offers a superior remittance experience. As a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS) (License No. PS20200501), Panda Remit ensures that your PayNow transfers are handled with bank-grade SSL encryption and multi-layered anti-fraud protocols.
By using PayNow to fund your remittance, you avoid the processing delays of standard bank transfers, allowing you to lock in competitive exchange rates that are significantly better than traditional banks.
Comparison: Panda Remit vs. Competitors
When sending money from Singapore using PayNow, speed and cost are critical. Below is a comparison of how Panda Remit stacks up against other market players.
| Feature | Panda Remit | Wise | DBS Remit |
|---|---|---|---|
| Transfer Speed | As little as 2 minutes | Varies (Minutes to Days) | Same-day (Cut-off times apply) |
| PayNow Integration | Seamless In-App QR | Supported | N/A (Internal Transfer) |
| Fees | Zero hidden fees (New user offers available) | Variable percentage fee | $0 transfer fee (FX markup applies) |
| Regulation | MAS Licensed (MPI) | MAS Licensed | MAS Licensed (Bank) |
Explore More on Singapore Remittance
If you are looking to optimize your cross-border payments further, consider these common queries:
- What is the PayNow transfer limit in Singapore?
Most banks set a default daily limit (often SGD 1,000 to SGD 5,000), but this can be adjusted in your banking app settings to accommodate larger remittances. - Can I use PayNow to send money to Alipay or WeChat?
Directly, no. However, you can use PayNow to fund your Panda Remit account, which then supports direct payouts to Alipay and WeChat Pay wallets in China.
Ready to experience fast, secure, and low-cost global transfers? Register with Panda Remit Singapore today and enjoy exclusive rates 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.
