PayNow is a peer-to-peer funds transfer service available to retail customers in Singapore.
PayNow enables retail customers to send and receive Singapore Dollar funds from one bank to another in Singapore through FAST by using just their mobile number or Singapore NRIC/FIN, almost instantly. The sender no longer needs to know the recipient's bank and account number when transferring money via PayNow.
Retail customers can also send Singapore Dollar funds to businesses with PayNow Corporate through the business's Unqiue Entity Number (UEN)
PayNow is provided free to retail customers and is available 24/7, 365 days.
Visit their website to learn more