Since its launch in 2017, PayNow has become one of the most popular real-time payment methods in Singapore used by over 80% of residents and businesses. The ability to make incoming and outgoing business payments directly through PayNow has been a highly-requested feature by Aspire’s customer base of over 10,000 in Singapore, including Tech in Asia, Love Bonito, Endowus, and AirAsia.
As a growing business ourselves, we understand the growing pains of managing multiple business payments. That’s why we're excited to announce that you can now both send and receive payments via PayNow with your Aspire account. This also includes making CPF payments!
Built on Fast and Secure Transfers (FAST) infrastructure, PayNow enables fast, secure instant payments for business and personal expenses without the need to know or disclose any account numbers.
Aspire is the first All-in-One business account that enables PayNow transfers via all of the following modes:
Users now have the ability to send and receive payments instantly for free directly from their Aspire account.
With PayNow, Aspire users will be able to:
The speed and convenience of PayNow payments will help busy business owners and finance teams optimise the way they manage their local operations and payroll.
Read the full guide to learn how you can start making payments via PayNow here.
PayNow will be available to Aspire users with an active SGD account and business incorporated in SG with no additional cost for local SGD transfers, including our free Business Account Lite plan.
If you’re looking for a business account that simplifies your business finances, reduces fees, and makes your life easier, sign up for your free business account today.