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.
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.
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.
It’s deducted from your OCBC account.
Up to S$1,000 daily.
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.