Buy or refinance your business property with attractive loan package
Find out moreFor a limited time only, get 10% off* on the premium when you sign up for BizCare. *T&Cs apply
Find out moreSimply accumulate your FX Spot Contract booking from 15 August – 31 December 2022.
Learn moreSubscribe for your regular dose of business tips, insights, and inspiration.
Find out moreyou are in Business Banking
Make and receive digital payments instantly with PayNow and SGQR.
PayNow Corporate is an enhanced funds transfer service that will change the way you send and receive payments to/from your customers and business partners. By linking your SGD Corporate Account to your Unique Entity Number (UEN), you can receive monies almost instantly when your sender makes a payment to the UEN, or scans your Quick Response (QR) code. PayNow has been incorporated into SGQR (Singapore Quick Response Code), Singapore's unified QR label.
You don't have to share your account number.
Money is transferred directly into your SGD Corporate account.
Make cashless payments via mobile number/NRIC/UEN/Virtual Payment Address with just one QR code.
Features |
Integrated with UOB mCollect for easy collection |
Incoming PayNow Corporate transactions Enjoy fee waivers on all incoming PayNow Corporate transactions to their UOB SGD Corporate Account from now till 31 December 2025. Terms & conditions apply. |
SGQR Registration Receive 4 free SGQR labels when you register for SGQR with UOB. |
FREE registration online |
Features |
Integrated with UOB mCollect for easy collection |
Incoming PayNow Corporate transactions Enjoy fee waivers on all incoming PayNow Corporate transactions to their UOB SGD Corporate Account from now till 31 December 2025. Terms & conditions apply. |
SGQR Registration Receive 4 free SGQR labels when you register for SGQR with UOB. |
FREE registration online |
Feature | Outgoing | Incoming |
FAST via UOB Infinity (digital banking for business) (Single/Recurring/Bulk) |
Transaction Fee - S$0.50 per item PayNow Lookup Fee - Waived | S$0.20 per transaction (Waived until 31 Dec 2025) |
GIRO via UOB Infinity (digital banking for business) | S$0.40 per transaction S$1.00 per return item |
FREE for incoming transactions |
Feature |
FAST via UOB Infinity (digital banking for business) (Single/Recurring/Bulk) |
GIRO via UOB Infinity (digital banking for business) |
Register for PayNow instantly via UOB Infinity
(digital banking for business)
PayNow Corporate offers the same digital convenience as PayNow but is designed specifically for businesses. Supported payment methods are:
Yes, it has the same security standards used by the Singapore banking industry for fund transfers.
These are identification numbers issued by the Registry of Societies, People's Association, Singapore Land Authority, Ministries, and others. Businesses and local companies currently registered with ACRA will retain their ACRA Registration Number as their UEN.
SGQR (Singapore Quick Response code) helps you collect QR code payments from customers. It is a unified solution that works with different payment providers and e-wallets, so you only have to display and manage one SGQR code. PayNow is incorporated into SGQR.
Our digital solution optimises your payments, collections, and reconciliations through a single app. It uses PayNow so you can accept cashless payments at point-of-sale or upon delivery.
More answers are available in our Help & Support page.
Start your UOB eBusiness account today, and enjoy zero fees* and more than S$500 of annual savings on FAST and GIRO transaction fees.
Mobile collection digitisation solution designed to ease collections and reconciliation.
We use cookies to improve and customize your browsing experience. You are deemed to have consented to our cookies policy if you continue browsing our site.