how to change paynow number posb
熊猫速汇PandaRemit - 2025-12-31 20:33:58.0 8
To change your PayNow number with POSB, you must log in to the digibank mobile app, navigate to "PayNow Settings," delete your old profile, and re-register with your new mobile number. Once updated, you can use PayNow for seamless payments to fund international transfers via Panda Remit, which is MAS-regulated for maximum security.
Step-by-Step Guide: Updating Your POSB PayNow Profile
Changing your registered mobile number for PayNow involves de-linking the old number and registering the new one. Follow these 3 steps to ensure your financial data remains secure.
- Access PayNow Settings: Log in to your POSB digibank mobile app. Tap on More > Transfer/PayNow Settings > Manage PayNow.
- Delete Old Profile: Locate your current mobile number registration. Tap on the trash icon or "Delete" to remove the link between your old number and your bank account.
- Register New Number: On the same screen, select Register my Mobile Number. Choose the POSB account you wish to link, enter a nickname, and confirm the setup via SMS OTP.
Maximize Your PayNow: Global Remittance Comparison
Once your PayNow number is updated, you can use it to fund cross-border remittances instantly. While banks like POSB offer remittance services, specialized fintech platforms often provide superior speed and rates. Below is a comparison of Panda Remit against major Singapore competitors.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| PayNow Integration | Seamless In-App Payment | Supported | Native (Internal) | Supported |
| Transfer Speed | As fast as 2 minutes | Varies (Hours to Days) | Same Day (Cut-off times apply) | Instant to specific wallets |
| Exchange Rates | Market-leading (Low spread) | Mid-market rate | Bank FX Rates (Higher spread) | Competitive |
| Fees | Zero hidden fees (New user offers) | Variable percentage fee | $0 transfer fee (FX markup applies) | Transaction fees apply |
Why Security Matters: MAS Regulation
When changing banking details like your PayNow number, security is paramount. This extends to how you send money abroad. Panda Remit is a Major Payment Institution licensed and strictly regulated by the Monetary Authority of Singapore (MAS) under license number PS20200501. We utilize bank-grade SSL encryption to ensure that when you pay via PayNow, your funds are handled with the highest compliance standards.
Explore More on Singapore Remittance
Now that your PayNow is active, you might be interested in these related topics:
- How to increase PayNow transfer limit POSB? – Essential for sending larger remittance sums.
- Can I use PayNow to send money to China? – Yes, by linking PayNow to Panda Remit, you can payout directly to Alipay and WeChat Pay.
Ready to experience faster global transfers? Register with Panda Remit today and enjoy exclusive new user benefits.
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.
