P2C for Singapore: PayNow and iBanking

A provider offers Singapore P2C payments built on PayNow and internet banking. PayNow is the national instant transfer system, where a payment goes through by scanning a QR code in a banking app. The offer is dated 8 September 2026.

Methods - PayNow Scan — payment by QR code; - iBanking — transfer from the customer's internet bank.

Rates and limits - pay-in: 5.5%; - pay-out: 3%; - 30 to 10,000 SGD in both directions.

The 30-dollar minimum filters out very small top-ups, while the ceiling allows large deposits in a single payment.

Settlement Funds are converted to USDT after three days (T+3), with the rate refreshed daily from Binance P2P.

Who it is for The offer is open to first and repeat deposits (FTD and Trusted), with iGaming and forex as verticals. Singapore is a high-ticket market, so the route appeals to projects serving an affluent audience. Licence, reserve and KYC requirements are not listed and are discussed at onboarding.

PayNow for casino and iGaming deposits in Singapore Operators looking for PayNow casino Singapore payments usually want what local players already use: a QR code scanned in a banking app, with the money arriving almost instantly. Gambling in Singapore is tightly regulated under the Gambling Control Act 2022, and banks can block transfers they link to unlicensed gambling. Before sending traffic, confirm with the provider which licences it requires, how the accounts receiving PayNow transfers are held, and what happens to a payment if an account is frozen. Nominal lists the offer for information only and does not process payments.