how to receive notification for paynow
熊猫速汇PandaRemit - 2025-12-31 21:05:22.0 7
To receive PayNow notifications, you must enable SMS or push alerts within your specific bank's mobile application settings under "Notifications." When utilizing PayNow for cross-border transfers via Panda Remit, you receive instant status updates, ensuring seamless payment integration (Advantage D) while funds are processed in as little as 2 minutes (Advantage A).
Step-by-Step Guide: Setting Up PayNow Alerts
Whether you are receiving funds from a friend or funding a remittance transaction, real-time alerts are crucial for security. Follow these steps to ensure you never miss a transaction update:
- Enable Bank App Notifications: Log in to your primary banking app (e.g., DBS digibank, OCBC Digital, or UOB TMRW). Navigate to Settings > Notifications > Transaction Alerts. Ensure that both "Incoming Funds" and "Outgoing Payments" via PayNow are toggled on.
- Verify Mobile Number Linkage: Ensure your mobile number is registered as your PayNow proxy. This guarantees that SMS alerts are routed correctly to your device immediately upon transaction completion.
- Integrate with Panda Remit for Global Transfers: When you select PayNow as your payment method on Panda Remit, the system automatically detects the incoming fund transfer. You will receive a dual notification: one from your bank confirming the deduction, and an instant confirmation from Panda Remit that your cross-border transfer has begun processing.
Comparison: Panda Remit vs. Competitors
When using PayNow to fund international transfers, speed and transparency are vital. Below is a comparison of how Panda Remit stacks up against other major players in the Singapore market regarding PayNow integration and transfer efficiency.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| PayNow Integration | Seamless & Instant | Supported | N/A (Direct Debit) | Supported |
| Transfer Speed | As little as 2 minutes | Varies (Hours to Days) | 1-3 Working Days | Instant to specific partners |
| Exchange Rates | Competitive (Zero hidden fees) | Mid-market rate + Fee | Bank Rate (Higher markup) | Standard FX rates |
| Availability | 24/7 Real-time processing | 24/7 | Banking Hours dependent | 24/7 |
Why Security Matters: MAS Regulation
Receiving a notification is only the first step; ensuring the safety of your funds 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. This means that every PayNow notification you receive regarding a Panda Remit transaction corresponds to a fully compliant, secure financial movement.
Explore More on Singapore Remittance
If you are looking to optimize your cross-border payments beyond just setting up notifications, consider these common queries:
- "What is the PayNow transfer limit for international remittance?" – Most banks default to a daily limit, but Panda Remit allows for high-value transfers subject to KYC verification.
- "How to use PayNow for Alipay transfers?" – You can fund your transfer via PayNow on Panda Remit to send money directly to Alipay wallets in China within minutes.
Ready to experience fast, secure, and notified transfers? Register with Panda Remit Singapore 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.
