Jargon Buster

PayNow

Plain English meaning, where you may see it, and what to read next if this word still feels unfamiliar.

💳 Payments & Shopping P section 41 terms under P

Quick meaning

Singapore's instant peer-to-peer fund transfer system linked to your mobile number or NRIC.

Think of it like this

Like sending cash instantly using just someone's phone number.

Where you may see this

You may see this in banking apps, checkout screens, delivery updates, and digital payment instructions.

Why it matters

Knowing the term helps you pay safely, understand what a screen is asking for, and avoid costly mistakes.

Say it simply

PayNow means: Singapore's instant peer-to-peer fund transfer system linked to your mobile number or NRIC.

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