Tech Guides

The easiest ways to transfer money using your smartphone

By Alvin Soon - 16 Feb 2018

Send money via SMS, email, or Facebook

Option 3: Send money via SMS, email, or Facebook

Here’s another way to send money using SMS, email, or Facebook, using the OCBC Pay Anyone app. You’ll need to have an OCBC account to send money, but if you’re receiving money you’ll just need an account from any of the FAST (Fast And Secure Transfer) participating banks.

What you need

You need an OCBC account, and the OCBC Pay Anyone app to send money. The receiver doesn’t need either, she just needs to have a bank account that supports FAST. You won’t need the person’s bank account number either, just her contact details.

How to transfer

Using the Pay Anyone app, you’ll send a URL via SMS, email or Facebook, which the recipient can click to receive money. To keep the transaction secure, a passcode is generated on the sender’s end, which she needs to share with the recipient to authenticate the transfer.

Where does the money come from?

It’s deducted from your OCBC account.

How much can you transfer?

Up to S$1,000 daily.

 

How about paying for things using my smartphone?

Want to know how you can use your smartphone to pay for things, as if it’s a credit/debit card? How about using it for public transportation? Then check out our Ultimate guide to paying with your smartphone in Singapore.

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