Can foreign visitors pay with their home QR apps in Singapore?
In some cases. PayNow is linked with India’s UPI, Malaysia’s DuitNow and Thailand’s PromptPay, and these links carried S$371 million in 2025. MAS and ABS list more cross-border connections among the PayNow Generation 2 priorities.
In detail
In some cases. PayNow is linked with India’s UPI, Malaysia’s DuitNow and Thailand’s PromptPay, and these links carried S$371 million in 2025. MAS and ABS list more cross-border connections among the PayNow Generation 2 priorities.
How people pay in Singapore in 2026
Merchants display a single SGQR or SGQR+ code that accepts PayNow, NETS QR, GrabPay, ShopeePay and bank wallets. Cash keeps a place at hawker centers and with older shoppers, and BNPL is led by Atome, which Grab agreed to buy in September 2026. For PSPs, a Singapore checkout without PayNow and local wallets leaves money on the table.
Payment by bank transfer in Singapore
Account-to-account payments are where Singapore stands out. PayNow lets people and companies send money with a mobile number, NRIC/FIN or business UEN, on top of the FAST instant payment system. According to the MAS and ABS PayNow Generation 2 report, more than 90% of adults and about 350,000 business entities were registered at the end of 2025, and PayNow values grew from S$132 billion to S$154 billion for consumers and from S$109 billion to S$147 billion for businesses between 2024 and 2025.
More detail in our #PayWorldTour guide Payment methods in Singapore.