how to scan qr code using paynow
熊猫速汇PandaRemit - 2025-12-31 21:14:02.0 9
To scan a QR code using PayNow, simply open your preferred Singapore banking app (such as DBS, OCBC, or UOB), select the "Scan & Pay" or "PayNow" feature, and point your camera at the merchant or recipient's QR code. This method is not only used for local purchases but is also the most efficient way to fund Panda Remit transactions. By using PayNow, you benefit from our Seamless Payment integration for global payouts and rely on a platform that is Regulated & Secure under the Monetary Authority of Singapore (MAS).
Step-by-Step Guide: Scanning PayNow QR Codes
Whether you are paying for hawker food or funding a cross-border remittance to China, India, or Malaysia, the process remains consistent across most major banking apps. Follow these 3 steps:
- Launch Your Banking App: Open your DBS digibank, OCBC Digital, or UOB TMRW app. Look for the icon labeled "Scan & Pay", "Scan QR", or the PayNow logo on the login screen or dashboard.
- Scan the Code: Align your phone camera with the PayNow QR code (UEN or personal proxy). If you are funding a remittance wallet like Panda Remit, you can often save the QR code image and select "Upload from Gallery" within your banking app.
- Verify and Confirm: Enter the amount (if not pre-set) and verify the recipient's name (e.g., "Panda Remit" or the merchant name). Authenticate the transaction to complete the transfer instantly.
Why Use PayNow for International Remittance?
While PayNow is famous for local transfers, it is the "gold standard" for funding international money transfers due to its speed and zero cost. When you use PayNow to fund a transfer on Panda Remit, we can process your funds immediately.
This integration supports our Lightning-Fast Transfers, where funds can arrive in as little as 2 minutes. Unlike traditional bank wires that may take days, PayNow ensures your money moves 24/7.
Comparison: Panda Remit vs. Competitors
See how using PayNow with Panda Remit stacks up against other market players in Singapore regarding speed, cost, and compliance.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| PayNow Integration | Seamless (Instant Funding) | Supported | N/A (Direct Debit) | Supported |
| Transfer Speed | As fast as 2 mins | Varies (mins to days) | Same day to 3 days | Instant to selected partners |
| Exchange Rates | Competitive (Zero hidden fees) | Mid-market rate + fee | Bank FX rates (often higher spread) | In-app FX rates |
| Regulation | MAS Licensed (MPI) | MAS Licensed | MAS Licensed (Bank) | MAS Licensed |
Security and Compliance
Security is paramount when scanning QR codes for payments. 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. When you scan a PayNow QR code to fund your transfer, you are operating within a fully compliant financial ecosystem.
Explore More on Singapore Remittance
If you are looking to optimize your cross-border payments, consider these related topics:
- What is the PayNow transfer limit in Singapore?
Most banks default to a daily limit (e.g., SGD 1,000 or SGD 5,000), but this can be adjusted up to SGD 200,000 for major transactions via your banking settings, which is ideal for larger remittances. - Can I use PayNow to send money to Alipay or WeChat?
Directly, no. However, you can use PayNow to fund Panda Remit, which then seamlessly payouts directly to Alipay and WeChat Pay wallets in China within minutes.
Ready to experience fast, secure, and low-cost global transfers? Register with Panda Remit Singapore today to enjoy exclusive new user offers.
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.
