Cash Incentives for PayNow Transactions
To support businesses in adopting contact-free banking, companies can earn up to S$75 of cash incentives by the Association of Banks in Singapore (ABS):
- Get S$25 when you register for PayNow between 09 Apr 2020 to 31 Jul 2020*
- Get S$25 more when you collect 10 or more payments via PayNow in April and May 2020**
- Get an additional S$25 when you collect 10 or more payments via PayNow in June and July 2020**
View more details on the promotion here.
It's easy to qualify! DBS customers can:
- request for payors to make payments directly to their UEN proxy registered on PayNow Corporate
- use PayNow QR and/or PayNow on SGQR
- use DBS MAX to collect
Not registered for PayNow? You can apply through DBS IDEAL - more details on how here.
* Limited to first 20,000 PayNow registrations
** Limited to first 10,000 merchants who qualify