Can PayLah to PayNow?
熊猫速汇PandaRemit - 2025-12-31 20:06:59.0 5
Yes, DBS PayLah! fully supports PayNow transfers. You can scan any PayNow QR code or enter a UEN directly within the PayLah! app to make instant payments. This integration facilitates seamless transactions, including funding Panda Remit (USP D) for international transfers that can arrive in as little as 2 minutes (USP A).
How PayLah! and PayNow Work Together
Many users in Singapore confuse the two, but they work in tandem. PayLah! is a mobile wallet app by DBS, while PayNow is the peer-to-peer funds transfer service. By using PayLah!, you are essentially utilizing the PayNow network to send money to individuals or businesses (like Panda Remit) using just a mobile number, NRIC/FIN, or UEN.
3 Steps to Use PayLah for Global Remittance
Leveraging the connection between PayLah and PayNow allows you to fund cross-border transactions effortlessly. Here is how to send money globally using Panda Remit via your PayLah! wallet:
- Initiate Transfer on Panda Remit: Open the Panda Remit app, enter your remittance amount (e.g., SGD to CNY, INR, or MYR), and select PayNow as your payment method.
- Generate the QR Code: Panda Remit will generate a unique PayNow QR code for your transaction. Save this image or keep it on your screen.
- Scan & Pay via PayLah!: Open your DBS PayLah! app, tap 'Scan QR', and scan the code. Confirm the payment to finalize the transfer instantly.
Panda Remit vs. Singapore Competitors
When using PayNow to fund international transfers, speed and cost are critical. Below is a comparison of Panda Remit against major competitors in the Singapore market.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| Transfer Speed | As fast as 2 mins | Varies (Minutes to Days) | Same Day to 3 Days | Instant to 3 Days |
| PayNow Support | Seamless Integration | Supported | N/A (Direct Debit) | Supported |
| Exchange Rates | Competitive (Zero Hidden Fees) | Mid-Market Rate | Bank Rate (Higher Spread) | Varies by Corridor |
| Regulatory Status | MAS Licensed (MPI) | MAS Licensed | Bank Regulated | MAS Licensed |
Why Security is Our Top Priority
When moving money from your PayLah! wallet to international accounts, security is non-negotiable. 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 (USP B) to ensure that every cent you transfer is protected.
Explore More on Singapore Remittance
If you are looking to optimize your financial flows in Singapore, you might also be interested in:
- What is the daily PayLah limit for PayNow transfers? – Generally, the default limit is SGD 2,000, but this can be adjusted in your DBS settings.
- How to transfer PayNow to overseas bank account? – While PayNow is local, linking it with Panda Remit allows you to reach accounts in over 30 countries.
Ready to experience fast, secure, and low-cost global transfers? Register with Panda Remit Singapore today and enjoy exclusive offers for new users.
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.
