PayNow
Reach Singapore shoppers with PayNow
PayNow is a popular instant bank transfer network in Singapore. It allows the shoppers to make a payment using their preferred app from participating banks and participating non-bank financial institutions.
Supported banks/ non-bank financial institution list: PayNow Singapore
Payment method properties
| Features | PayNow |
|---|---|
| Payment type | Instant Bank Transfer |
| Available for businesses registered in | HK, AU, UK, EU, SG, US |
| Activation time for onboarding | 7 - 14 days |
| Shopper regions (typically used by payers from) | SG |
| Processing currencies | SGD |
| Settlement currencies | SGD, USD*, or in your default settlement currency if your account does not support SGD or USD settlement. |
| Settlement schedule | 3 business days Settlements below 100 USD equivalent may be delayed until the aggregate open settlements accumulate to 100 USD. |
| Minimum transaction amount | > 1 SGD |
| Maximum transaction amount | 2,000 SGD, subject to internet banking limit |
| Session timeout | 10 minutes |
| Recurring Payment | ⛔ |
| Refunds | ✅ within 30 days |
| Partial Refunds | ✅ within 30 days |
| Disputes (chargebacks) | ⛔ |
| Placing a hold (delayed/manual capture) | ⛔ |
| Descriptor (what the payer will see in their transaction history) | Razer Merchant Services (SG) PTE. LTD |
| Payments for Platforms support | ✅ |
SGD settlement is enabled by default. If you need USD settlement, please reach out to your Airwallex account manager or support@airwallex.com.
Choose the integration method that best suits your needs
Airwallex has built a range of client-side integration methods that allow you to manage your UI, minimize your implementation effort, and allow you to get to market quickly.
| Online payments via your own website/app | Online payments via ecommerce plugins | Payment links & Invoice Integrations |
|---|---|---|
| ✅ Hosted Payment Page ✅ Drop-in Element ✅ Embedded Elements ✅ Mobile SDK ✅ Native API ⛔ Subscription APIs |
✅ Shopify ✅ WooCommerce ✅ Shopline ⛔ ShopLazza ✅ Magento |
✅ Payment Links ⛔ Xero Invoice |