How to Change PayNow Mobile Number
熊猫速汇PandaRemit - 2025-12-31 20:32:30.0 7
To change your PayNow mobile number, you must log in to your respective bank's mobile app (e.g., DBS/POSB, OCBC, UOB), navigate to the PayNow settings, deregister your old number, and register the new one. Keeping this updated allows for seamless payments via PayNow when funding international transfers on platforms like Panda Remit, ensuring your transactions remain regulated and secure under MAS standards.
Step-by-Step Guide: Updating Your PayNow Profile
PayNow is a central infrastructure in Singapore that links your mobile number or NRIC/FIN to your bank account. Because it is tied directly to your bank, you cannot change your mobile number on the PayNow app itself; it must be done through your banking application. Follow this 1-2-3 step guide to update your details:
1. Deregister Your Old Number
Log in to your primary bank app (such as DBS digibank, OCBC Digital, or UOB TMRW). Navigate to Transfer/PayNow Settings. Select the option to "Manage PayNow Registration" or "Profile," select your old mobile number, and click Deregister. This frees up your profile for the new number.
2. Update Bank Contact Details
Before re-registering, ensure your new mobile number is updated in the bank's core personal details section. Most banks require an SMS OTP verification to confirm the new number belongs to you.
3. Register the New Number
Return to the PayNow settings menu. Select Register Mobile Number. Choose the bank account you wish to link to this number for receiving funds. Confirm the details. Your PayNow ID is now instantly updated.
Why Keep Your PayNow Updated?
Updating your PayNow number is critical for receiving funds locally and funding international remittances. With Panda Remit, you can use your updated PayNow link to fund transfers instantly. We offer lightning-fast transfers where funds can arrive in as little as 2 minutes, supported by 24/7 real-time processing.
Comparison: Panda Remit vs. Competitors
Once your PayNow is active, choosing the right remittance partner is essential. Below is a comparison of Panda Remit against other major Singaporean financial services.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| PayNow Integration | Seamless In-App Payment | Supported | N/A (Direct Debit) | Wallet Top-up Required |
| Transfer Speed | As fast as 2 minutes | Varies (1 hour - 2 days) | 1-3 Working Days | Instant to specific partners |
| Regulatory Status | MAS Licensed (MPI) | MAS Licensed | MAS Licensed (Bank) | MAS Licensed |
| Exchange Rates | Competitive (Zero hidden fees) | Mid-market + Fee | Bank Rate (Higher spread) | Wallet Rate |
Security and Compliance: MAS Regulated
When changing financial details or sending money, 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 implement bank-grade SSL encryption and multi-layered anti-fraud protocols to ensure every transaction is transparent and highly secure.
Explore More on Singapore Remittance
Now that your PayNow is updated, you might be interested in optimizing your cross-border finances:
- What is the PayNow transfer limit in Singapore?
Most banks default to a daily limit (e.g., SGD 1,000 - SGD 5,000), but this can be adjusted up to SGD 200,000 depending on your bank settings. - How to send money to China via Alipay?
Panda Remit supports direct payouts to Alipay and WeChat Pay. Register with Panda Remit today to enjoy zero-fee offers on your first remittance.
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.
