PayNow Corporate

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    Find out more
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    PayNow is now on SGQR

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    PayNow is now on SGQR

Overview

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.

Benefits

Secure

Funds transfers are secure and hassle-free as there is no need for you to share your business details or bank account number.

Seamless

Receive payments from your customers or business partners directly into your SGD Corporate Account. Simply provide your UEN or SGQR code to your customers for them to make payments to you.

Simple

Make payments easily to both individuals and businesses with just their mobile number/NRIC/UEN/Virtual Payment Address.

Uses for PayNow Corporate

How is PayNow Corporate applicable to businesses?

Make payments to individuals via mobile number/NRIC/Virtual Payment Address and to corporates via UEN

How

  1. Obtain your beneficiary’s PayNow ID, i.e. mobile number/NRIC/Virtual Payment Address for individuals or UEN+suffix (if applicable) for corporates.
  2. Initiate PayNow transfer singly or in bulk through UOB Infinity or other UOB electronic delivery channels.
  3. View your transactions on UOB Infinity.

Use cases

  • Government payout to individuals
  • Companies to make adhoc payments for refund, claims and payroll
  • Business-to-business payments

Receive from corporates and individuals with your UEN or QR code without having to disclose your bank account details to the paying party

How

  1. Register for PayNow by linking your Unique Entity Number (UEN) to your UOB account via UOB Infinity.
  2. Publish your PayNow ID/QR code to receive payments into your UOB account.
  3. Get instant notification with UOB eAlerts! or API credit notification. View your transactions on UOB Infinity.

Use cases

  • Display SGQR for your storefront point-of-sale collections
  • Print a unique QR code on your bills/invoices for your customers to scan and pay
  • Generate dynamic QR code for online/e-commerce payments

PayNow Solutions

SGQR

SGQR

Combine multiple QR codes in a single SGQR label, making QR payments simple for both consumers and merchants.

Find out more
UOB mCollect POS

UOB mCollect POS

Collect payments with ease via PayNow on your mobile to simplify your business processes.

Find out more

Apply Now

Promotional Offers

Incoming PayNow Corporate transactions

Customers will enjoy fee waivers on all incoming PayNow Corporate transactions to their UOB SGD Corporate Account from now till 31 December 2022. Terms & conditions apply.

Outgoing PayNow Corporate transactions

Customers will enjoy a promotional price of S$0.50 on each outgoing PayNow FAST transaction from now till 31 December 2022. Terms and conditions apply. 

SGQR Registration


Receive 4 free SGQR labels when you register for SGQR with UOB.

Click here for Standard Pricing Guide.

Register for PayNow instantly via UOB Infinity

Register Now

Register for SGQR and other PayNow solutions

Contact us

Call Us

Call us at 1800 226 6121
(Mondays to Fridays, 9.00am to 6.30pm,
excluding public holidays)

Email Us

FAQ

Click here for frequently asked questions about PayNow Corporate

 

Click here for frequently asked questions about SGQR

 

T&Cs

Click here for UOB PayNow Corporate T&Cs

 

Click here for promotional T&Cs for UOB PayNow Corporate transactions

 

Click here for SGQR T&Cs