Introduction
PayNow, Singapore’s leading instant payment service, is revolutionizing financial transactions. By linking PayNow to your NRIC (National Registration Identity Card) issued by DBS, you can enjoy a seamless and secure payment experience. This guide will walk you through the step-by-step process, providing you with all the information you need to get started.
Benefits of Linking PayNow to NRIC DBS
- Convenience: Make instant payments to anyone with just their NRIC number.
- Security: NRIC-linked PayNow accounts provide enhanced security measures to protect your funds.
- Time-saving: No more need to key in lengthy bank account numbers or scan QR codes.
- Accessibility: Available 24/7, allowing you to make instant payments anytime, anywhere.
How to Link PayNow to NRIC DBS
Step 1: Eligibility
To link PayNow to your NRIC DBS, you must meet the following requirements:
- Be a Singapore Citizen or Permanent Resident
- Possess a DBS account
- Have a valid mobile number registered with DBS
Step 2: Register for PayNow
- Log in to your DBS digibank app or visit the DBS PayNow website.
- Click on “Register for PayNow” and follow the prompts.
- You may be required to provide additional information, such as your NRIC number and mobile number.
Step 3: Link Your NRIC to PayNow
- After registering for PayNow, select “Link NRIC” from the PayNow menu.
- Enter your NRIC number and follow the verification process.
- You will need to enter a One-Time Password (OTP) sent to your registered mobile number.
Step 4: Verify Your Account
- Once your NRIC is linked to PayNow, your account will be verified.
- You will receive a confirmation message from DBS.
Using PayNow NRIC DBS
Now that your PayNow account is linked to your NRIC, you can make instant payments to anyone with their NRIC number.
How to Make a PayNow NRIC DBS Payment
- Open the DBS digibank app or access the PayNow website.
- Select “Pay Now” and enter the recipient’s NRIC number.
- Enter the payment amount and add a reference if desired.
- Click “Pay” to complete the transaction.
Frequently Asked Questions (FAQs)
Q: Can I link PayNow to my NRIC with another bank?
A: Currently, PayNow NRIC DBS is only available for DBS account holders.
Q: How long does the linking process take?
A: The linking process usually takes a few minutes to complete.
Q: Is there a fee for linking PayNow to my NRIC?
A: No, there is no fee for linking PayNow to your NRIC DBS.
Conclusion
Linking PayNow to your NRIC DBS is a simple and convenient way to experience instant payments in Singapore. With its numerous benefits, PayNow NRIC DBS is a valuable tool for individuals and businesses alike. Whether you need to send money to friends and family or make payments for goods and services, PayNow NRIC DBS offers a secure and efficient solution.
