Singapore's PayNow offers seamless billing, instant payment

Companies need only click on a link provided with the e-invoice and check if the amount billed is correct before sending instant payment to business' UEN numbers. - ST

SINGAPORE (The Straits Times/ANN): Businesses will now be able to bill and make payment to one another in seamless online fashion, as Singapore continues its digital push amid the Covid-19 pandemic.

This comes with the integration of PayNow Corporate, an instant fund transfer service for businesses, into Singapore's nationwide e-invoicing network, the Infocomm Media Development Authority (IMDA) said on Wednesday (Sept 23).