Introduction
PayLah and PayNow are two popular mobile payment platforms in Singapore. PayLah is operated by DBS Bank, while PayNow is a service provided by the Association of Banks in Singapore (ABS). Both platforms allow users to send and receive money instantly using their mobile devices.
However, there may be times when you need to transfer money from PayLah to PayNow. This can be done easily using the following steps:
Step-by-Step Guide
- Open the PayLah app on your mobile device.
- Tap on the “Transfer” icon.
- Select “PayNow.”
- Enter the PayNow QR code or UEN/NRIC of the recipient.
- Enter the amount you want to transfer.
- Tap on the “Next” button.
- Review the transfer details and tap on the “Confirm” button.
The transfer will be processed instantly. The recipient will receive a notification of the transfer on their mobile device.
Fees and Limits
There are no fees charged for transferring money from PayLah to PayNow. However, the following limits apply:
- Minimum transfer amount: SGD 1
- Maximum transfer amount: SGD 20,000 per transaction
- Daily transfer limit: SGD 50,000
Benefits of Transferring Money from PayLah to PayNow
There are several benefits to transferring money from PayLah to PayNow, including:
- Convenience: You can transfer money from PayLah to PayNow anytime, anywhere, using your mobile device.
- Speed: Transfers are processed instantly, so the recipient will receive the money immediately.
- Security: PayLah and PayNow use strong security measures to protect your money and personal information.
- No fees: There are no fees charged for transferring money from PayLah to PayNow.
Common Mistakes to Avoid
Here are some common mistakes to avoid when transferring money from PayLah to PayNow:
- Entering the incorrect recipient information: Make sure you enter the correct PayNow QR code or UEN/NRIC of the recipient. Otherwise, the transfer may be delayed or lost.
- Transferring too much money: Pay attention to the transfer limits and do not transfer more money than you intended.
- Not reviewing the transfer details: Before confirming the transfer, make sure you review the details carefully to ensure that they are correct.
Conclusion
Transferring money from PayLah to PayNow is a simple and convenient process. By following the steps outlined above, you can easily send money to your friends and family instantly.
