About: PayNow

An Entity of Type: Thing, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

PayNow is a near-instant real-time payment system developed by . The interface facilitates inter-bank peer-to-peer and person-to-merchant transactions. The system is supported by all major Singaporean banks and is regulated by the Monetary Authority of Singapore (MAS) and works by transferring funds between two bank accounts. In 2020, 125 million transactions worth S$22 billion were processed through PayNow.

Property	Value
dbo:abstract	PayNow is a near-instant real-time payment system developed by . The interface facilitates inter-bank peer-to-peer and person-to-merchant transactions. The system is supported by all major Singaporean banks and is regulated by the Monetary Authority of Singapore (MAS) and works by transferring funds between two bank accounts. Payments can be made to any registered Singaporean mobile number, NRIC, corporate Unique Entity Number (UEN) or Virtual Payment Address (VPA). Scanning QR codes is also an option. PayNow is linked with other payment providers including Stripe, DuitNow (Malaysia), (Thailand) and UPI (India). In 2020, 125 million transactions worth S$22 billion were processed through PayNow. (en)
dbo:wikiPageExternalLink	https://www.abs.org.sg/consumer-banking/pay-now
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dbo:wikiPageWikiLink	dbc:2017_establishments_in_Singapore dbr:List_of_banks_in_Singapore dbr:Unified_Payments_Interface dbr:Peer-to-peer_transaction dbc:Interbank_networks dbr:Payment_system dbr:QR_code_payment dbr:Monetary_Authority_of_Singapore dbr:Singapore dbr:Singapore_dollar dbr:Stripe,_Inc. dbc:Mobile_payments_in_Singapore dbc:Banking_in_Singapore dbc:Mobile_payments dbc:Payment_interchange_standards dbr:National_Registration_Identity_Card dbr:DuitNow dbr:Association_of_Banks_in_Singapore dbr:Mobile_number dbr:PromptPay
dbp:country	dbr:Singapore
dbp:currentowner	dbr:Association_of_Banks_in_Singapore
dbp:introduced	2017-07-10 (xsd:date)
dbp:logoSize	200 (xsd:integer)
dbp:name	PayNow (en)
dbp:producedby	dbr:Association_of_Banks_in_Singapore
dbp:producttype	Instant real-time inter-bank payment system (en)
dbp:website	https://www.abs.org.sg/consumer-banking/pay-now
dbp:wikiPageUsesTemplate	dbt:Banking_in_Singapore dbt:Flag dbt:Infobox_brand dbt:Reflist dbt:Short_description dbt:Start_date_and_age dbt:Ubl dbt:Use_dmy_dates
dcterms:subject	dbc:2017_establishments_in_Singapore dbc:Interbank_networks dbc:Mobile_payments_in_Singapore dbc:Banking_in_Singapore dbc:Mobile_payments dbc:Payment_interchange_standards
rdfs:comment	PayNow is a near-instant real-time payment system developed by . The interface facilitates inter-bank peer-to-peer and person-to-merchant transactions. The system is supported by all major Singaporean banks and is regulated by the Monetary Authority of Singapore (MAS) and works by transferring funds between two bank accounts. In 2020, 125 million transactions worth S$22 billion were processed through PayNow. (en)
rdfs:label	PayNow (en)
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prov:wasDerivedFrom	wikipedia-en:PayNow?oldid=1112842675&ns=0
foaf:homepage	https://www.abs.org.sg/consumer-banking/pay-now
foaf:isPrimaryTopicOf	wikipedia-en:PayNow
is dbo:wikiPageWikiLink of	dbr:Index_of_Singapore-related_articles dbr:QR_code_payment
is foaf:primaryTopic of	wikipedia-en:PayNow