OCBC to enable PayNow fund transfers by January 2020

This will make Singapore the second country to launch new version of Google Pay.

OCBC Bank has partnered with Google to enable account-to-account PayNow fund transfers using an enhanced app set to be launched in Singapore by January 2020, the bank shared in a press release.

The service is currently in beta-testing phase and select OCBC Bank customers will be able to link their bank accounts to make digital payment, the bank added.

“From January 2020, our customers will be the first in Singapore to be able to link their bank accounts to Google Pay to make digital payments,” said Ching Wei Hong, chief operating officer at OCBC. This is in addition to provisioning credit cards on the app to make online and in-store payments, the release added.

Singapore is the second country to launch the enhanced version of Google Pay after it was introduced in India in 2017.

OCBC bank customers may sign up at the OCBC Bank booth at the Singapore Fintech Festival to be waitlisted ahead of the open-beta of Google Pay in Singapore in January 2020.

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