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Singapore

PayNow

Real-time bank transfer network: 80% of Singapore residents & businesses use PayNow

PayNow is Singapore’s instant payment system that enables real-time transfers in SGD. As a widely used national payment infrastructure in 2026, it reaches around 80% adoption and supports payments through mobile numbers and QR codes. For publishers, PayNow helps drive conversion and revenue by enabling fast and secure bank-based payments.

Paynow

Highlights

$123B SGD

Annual transaction value in 2022

7.6M

Registered proxies

4M+

Monthly active users

311M

Annual transactions in 2022

80%

usage rate

Supported features
Exclusive payment method outside of App Store (Apple) Check circle green
Exclusive payment method outside of Google Play (Android) Check circle green
PO Model Available Check circle green
Refunds Check circle green
Local Entity Required X circle
Supports Recurring Check circle green
Supports Marketing Co-Promotion Check circle green
Settlement Within 30 days