PayNow for your Singapore business.
PayNow Corporate allows eligible Singapore entities to send and receive Singapore-dollar funds through a UEN linked to a participating bank or e-wallet account. For business collection, decide how you will confirm each payment and match it to the right sale.
Start with the collection flow
A counter, an invoice and a website need different operational checks. Write down where the customer sees the amount, where your staff confirm receipt and which reference appears in your records. That gives your bank or integration team a concrete workflow to review.
| Where you collect | What to confirm |
|---|---|
| At the counter | How staff verify receipt and match the amount to the sale. |
| For invoices | Which invoice reference customers use and how accounts staff match receipts. |
| On a website | How the payment result updates the order and how incomplete payments are handled. |
Check your entity registration
Confirm your UEN registration and receiving account with the participating institution. Verify the recipient information shown to customers before displaying a QR code or launching a checkout. Your receiving-account registration and your website integration are separate items to confirm.
- Confirm the intended legal entity and receiving account.
- Check the recipient information and references used in the customer journey.
- Assign responsibility for account changes and updating payment instructions.
Ask about business collection costs
Request the fees for the exact collection service you need. A website integration, counter workflow or reporting add-on may have a different commercial scope. Compare percentage, fixed, minimum and recurring charges, and ask whether setup or software costs apply.
Use separate calculator comparisons when different payment methods have different fees. Do not apply a card-processing quote to a PayNow collection workflow.
Make confirmation part of the process
Decide which system your staff use to verify receipt. A customer's screenshot should not be the only evidence used to release an order. Document what happens when an amount is wrong, a reference is missing or a customer attempts payment again.
For a website, ask the integration team to demonstrate a completed payment, an abandoned payment and the corresponding order records. Check how refunds and exceptions will be handled by your team.
Common questions
Is PayNow the same as a payment gateway?
PayNow is a Singapore-dollar transfer method. A payment gateway or checkout integration can provide the website workflow around supported payment methods. Confirm how your chosen integration supports PayNow and updates orders.
Does every PayNow business setup have the same fees?
No. Ask the institution or service provider for the fees attached to your specific collection, software and integration arrangement.
Can PayNow payments update a website order automatically?
A supported integration may connect payment confirmation to the order. Confirm this in the proposed scope and test it before launching; displaying a payment instruction alone does not establish that integration.
Sources & content notes
ABS: PayNow and PayNow CorporateFeatures, fees and eligibility must be confirmed for your setup. Read about our content and ownership.
Let's make your next step clearer.
Discuss your requirements with the Singapore team at ONE Payments.