PayNow Corporate

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 ad-hoc 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