Tech Guides

The ultimate guide to paying with your smartphone in Singapore

By Alvin Soon - 10 Jul 2017

Paying via a linked bank account

 

3. Mobile payments via a linked bank account

Here’s another way to pay — straight from your bank account. Technically, you could also say that mobile payments via debit cards are a way to pay straight from your bank account, but this method doesn’t require you to have a debit card to do so.

 

Pay Anyone

Whereas previously it was a feature inside the OCBC Mobile Banking app, OCBC Pay Anyone is now its own standalone app. Pay Anyone lets you pay at participating stores via QR code, as well as transfer money to your contacts, even if you don’t have their bank account details. The app is available on iOS and Android.

What you need

You need to have an OCBC bank account to send money out. If you’re the receiver, you don’t need to have an OCBC bank account or the OCBC Pay Anyone app.

What you can use Pay Anyone for

You can use Pay Anyone to send money to your contacts, without needing to know their bank account numbers. A URL to collect the money can be sent to the recipient via SMS, email or Facebook.

To keep the transfer secure, a passcode is generated on the sender’s end, which he needs to share with the recipient in order for her to authenticate the transfer. The receiver doesn’t need to have an OCBC account, they just need an account from any of the 14 FAST (Fast And Secure Transfer) participating banks.

You can send money using the Pay Anyone e-payment service through voice commands on Apple’s Siri, or through text messaging in iMessage. You’ll need an iPhone running iOS 10 and the latest version of the OCBC Pay Anyone app to do it. Here’re detailed steps on how.

You can also pay by scanning QR code at more than 1,000 merchants in Singapore. Scan the QR code on the NETS terminal or printed receipt using the app, authenticate the transaction via fingerprint, and the payment is deducted from your OCBC account.

Starting June 10, 2017, Pay Anyone users can use the PayNow service to transfer funds to someone using just the recipient’s mobile number or identity card number. Recipients must register their mobile phone or IC numbers with their bank’s PayNow service to receive money, and senders can use the Pay Anyone app or OCBC website to transfer money from their account.

For an even faster option, you can use Pay Anyone’s QR code transfer feature to pay anyone, even without their mobile or IC number. It uses the PayNow system, so users still have to register for PayNow, and both payer and payee have to be using the PayNow app in person. The payee generates a QR code on their app for a cash amount, which the payer can scan using her Pay Anyone app and then pay from her OCBC account.

 

Why use Pay Anyone?

It’s an easy way for OCBC customers to transfer funds to someone, and there are a lot of ways to do it without needing their bank account number. You can send a URL via SMS, email or Facebook, send money through iMessage if you’re using an iPhone, transfer funds via PayNow (which is a separate service that payees need to register for) using the recipient's mobile or IC number, or via QR codes through PayNow with another Pay Anyone user, without needing their mobile or IC numbers.

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