Whether you are purchasing some items off the shelves at any of the M1 Shop outlets or making monthly bill payments to M1, you can now use PayNow to complete the transaction.
M1 customers who are making in-store purchases will only need to scan a dynamic QR code generated at the counter using PayNow in their mobile banking app with its QR scanning function.
And for bill payments, customers can also scan the dynamic QR code found on their bill statement to complete their payment. Not to worry, once scanned, customers will have the chance to verify the auto-filled payment amount and the recipient’s name before confirming the payment.
Sharing his thoughts on the new payment mode, Mr P. Subramaniam, Chief Marketing Officer, M1 said:
“Today, about eight in 10 consumers in Singapore have adopted e-payments and PayNow is a very convenient e-payment platform which will enhance our customers’ payment experience. This new initiative is one of many, as part of our digitalisation journey to deliver a seamless digital experience for our customers.”
Sharing her delight with the new partnership, Ms So Lay Hua, Head of Group Transaction Banking, Group Wholesale Banking, UOB, said,
“As M1’s banking partner, we are pleased to support them becoming the first telecommunications provider to offer PayNow as an additional payment mode for their customers. The ease and convenience of simply using a mobile phone to scan–and-pay will enhance the shopping and bill payment experience for M1’s customers. UOB’s API service will also make M1’s sales and billing process more seamless, as they will be able to receive confirmation of PayNow payments almost instantly. We look forward to deepening our partnership with M1 and to collaborating with them closely in their digitalisation journey.”
To find out more details about M1 PayNow service and promotions, please visit www.m1.com.sg/paynow.