Singapore Quick Response Code (SGQR) is a single QR code that combines multiple e-payment QR codes into one. It is intended to simplify QR e-payments in Singapore for both consumers and merchants.
What does “PayNow is on SGQR” mean?
SGQR was launched in October 2018 however PayNow Corporate is not part of SGQR. Since PayNow Corporate was launched in August 2018, all PayNow QRs are generated as a stand alone PayNow QR. With PayNow joining SGQR, you can register your PayNow Proxy on SGQR and receive a SGQR with PayNow (and other e-payment schemes if applicable) and start collecting via PayNow!
What is the criteria to sign up for PayNow on SGQR?
Customer must have PayNow registered with DBS.
Is there a SGQR App for consumers to use? What are the apps available for my customers to scan a SGQR with PayNow?
There is no SGQR mobile app. Customers of PayNow participating banks (https://www.abs.org.sg/consumer-banking/pay-now) can scan a PayNow-SGQR Code to make PayNow payments using the existing mobile banking applications.
What are the different logos under the SGQR?
These logos represent the payment schemes that are registered on the SGQR.
I am displaying a static PayNow QR in my shop for PayNow collections and I am not using any other payment schemes or e-wallets for collection. Do I need to move to SGQR even though I am on a single payment scheme?
Yes, you are strongly encouraged to register PayNow to SGQR and start to display SGQR code in your shop for PayNow collections.
What is “Payment Reference” and how is this field used?
“Payment Reference” is an optional field (up to 25 characters) that can be included in your SGQR label for the PayNow scheme. If “Payment Reference” is included in the SGQR PayNow registration, the SGQR generated will include this payment reference and your customers will not be able to amend the payment reference during payment. The “Payment Reference” will be included in all Inward PayNow transactions received via this SGQR and will be reflected in your IDEAL statement.
What is “Terminal ID” and how is this field used?
“Terminal ID” is an optional field. This field is used when there is a need to generate multiple SGQR IDs for the same outlet address. For example, you have PayNow Proxy 1 and PayNow proxy 2 for outlet address postal code 123456, you can register for SGQR using the following setup: