3 reasons why you should register your NRIC for PayNow

If you've only got a minute:

• Register your NRIC with PayNow to receive government payouts and other funds more quickly.
• Receive payments from companies directly to your account without the hassle of waiting for cheques and making trips to the bank.
• As more services adopt PayNow, having your NRIC registered will allow you to enjoy future conveniences and benefits.

From paying for hawker meals and settling bills to  transferring money to friends, PayNow has brought unparalleled convenience to our lives.

However, if you're a PayNow user who hasn't registered with your NRIC, you're missing out on 3 key benefits. (Note: This is different from registering your mobile number!)

3 benefits of registering your NRIC for PayNow

1. Enjoy quicker payout from government initiatives and businesses

From time to time, our government carries out initiatives, such as care and support schemes, to provide benefits for Singaporeans.

An example is the GST Voucher (GSTV) – Cash scheme that offers enhanced cash payouts of up to S$850 starting August 2024, to help lower-income Singaporeans with their daily living expenses. 

If you had registered your NRIC with PayNow, you would have received your payouts almost instantly (when the funds are released by the Goverment) than those who used traditional bank transfer methods, which might take up to several days.  

PayNow is now widely accepted across various platforms and services. This versatility makes it a valuable tool not just for receiving government payouts but also for payments from employers, businesses and other individuals. Whether it’s a salary, a reimbursement, or a gift, PayNow facilitates a wide range of transactions for added convenience.

2. Added security and ease of use

Have you experienced the frustration of waiting for a company’s cheque to be disbursed and cleared - what seems like an endless wait?

Cheques can be troublesome due to their time-consuming process (mailing, bank visits and clearing times). They also carry risks of loss, theft and fraud.

Additionally, cheques can incur fees and contribute to paper waste.

In contrast, linking your NRIC to PayNow offers instant and secure transfers directly to your account providing immediate access to funds without the delays and risks.

It also reduces the risk of errors and fraud that can occur with manual entry of bank details.

 

3. Future perks and convenience when more services adopt PayNow

PayNow was introduced as a peer-to-peer fund transfer service to encourage digital payments amongst Singaporeans.

It has since evolved into a digital payment tool for businesses with the launch of PayNow Corporate, where some companies pay their employees’ salaries via PayNow.

In contrast to PayNow, PayLah! is a mobile wallet service that allows users to store funds within the app and transfer money using mobile numbers.

PayNow, however, enables direct transfers between bank accounts, eliminating the need for an intermediary wallet. Additionally, PayNow offers the convenience of transferring funds using QR codes, NRIC/FIN, or mobile numbers, providing additional flexibility.

To enjoy the future perks and conveniences it offers, such as instant fund transfers for government disbursements and subsidies, register for PayNow today!

 

How do I register my NRIC to PayNow?

You can now register simply by logging on to digibank or by sending us an SMS.

By registering your NRIC with PayNow, you will not have to register for PayNow again if you change your mobile number.

Furthermore, if you register your child's NRIC with PayNow, you can seamlessly receive their Edusave award monies.

How to Register

You can now register simply by sending us an SMS or by logging on to digibank.

Register on Mobile - digibank app

To register, simply follow these steps: 1: Launch digibank and log in 2: Select <Pay & Transfer> 3: Select <PayNow> 4: Select <Your Profile> 5: Select <Register Your Mobile No.> 6: Enter your preferred nickname and account that will link with your PayNow 7: Review information and tap on <Register Now>

Register via SMS

Simply send an SMS in the following formats to register:

Register your NRIC with PayNow	SMS to ^77767 in this format: PayNow<space>register<space>NRIC<space>your preferred bank account’s* last 4 digits<space>your preferred nickname to 77767 e.g. Paynow register nric 7890 Adeline
Register your mobile number with PayNow	SMS to ^77767 in this format: PayNow<space>register<space>mobile<space>your preferred bank account’s* last 4 digits<space>your preferred nickname to 77767 e.g. Paynow register mobile 1234 Belinda

Note: We do not require your actual NRIC or mobile number in your SMS to 77767.
E.g. S1234567Z or 91234567

^{^} Before registering, please ensure your mobile number has been updated with the bank. To register your mobile number with us, you can login to DBS digibank. If you do not have an iBanking account, register here.

^* Your preferred account is the primary current/savings personal account that will be used to receive funds for PayNow through your NRIC or mobile number.

What if I have already signed up for PayNow with my mobile number?

If you have already signed up for PayNow with your mobile number, there’s nothing stopping you from registering your NRIC for PayNow.

You can link both your mobile number and NRIC to your PayNow to enjoy the full benefits of instant payments on the go.

How to check if you are registered for PayNow with your NRIC?

To check your PayNow profile, follow these simple steps on the mobile or web app:

1. Launch your digibank mobile app, tap on PayNow and log in.
2. Tap on Your Profile.
3. You will be able to see your NRIC number and linked DBS/POSB bank account if you are registered.

Find out more: PayNow with DBS