PayNow QR is an electronic payment method in Singapore that allows users to make instant, direct bank transfers to merchants or other individuals. Payments are made by scanning a unique QR code using any participating bank's mobile banking app or e-wallet app, making it highly interoperable across different financial institutions.
Features
Channel code |
|
Currency | SGD |
Minimum amount | 0.01 |
Maximum amount | 200,000.00 |
User approval flow | PRESENT_TO_CUSTOMER |
Reusable payment code | ❌ |
Display merchant name | SG-entities: |
Set expiry | ✅ (default is 24h from creation) |
Settlement time | T+1 business days (SGD settlement) T+2 business days (USD settlement) |
Refund | ✅ (available Nov 2025 onwards, via API not Dashboard |
Refund validity | 90 calendar days |
Compatible integration | Global dashboard Payment API V3 Payment Sessions - modes: ["PAYMENT_LINK"] Plugins - Shopify, WooCommerce |
Payment flow
Mobile banking
On the checkout page, select SGQR as payment method
A QR code will appear on the screen
Open your mobile banking or e-wallet app, then find the Scan QR Code feature
Point your phone camera at the QR code
Make sure the payment amount and merchant is correct
Confirm payment
Xendit SG PayNow QR payment flow