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SGQR Faq

SGQR (Singapore Quick Response code) is a unified QR payment solution that allows businesses to display multiple payment options, including PayNow. Registration for SGQR is free, and labels are provided within 10 working days, with no minimum transaction limit but a maximum of S$200,000 for FAST payments. Businesses with multiple outlets should register a separate SGQR ID for each outlet.

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101 views2 pages

SGQR Faq

SGQR (Singapore Quick Response code) is a unified QR payment solution that allows businesses to display multiple payment options, including PayNow. Registration for SGQR is free, and labels are provided within 10 working days, with no minimum transaction limit but a maximum of S$200,000 for FAST payments. Businesses with multiple outlets should register a separate SGQR ID for each outlet.

Uploaded by

rusliii2702
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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SGQR

Frequently Asked Questions

Question Response

What is SGQR? SGQR (Singapore Quick Response code) is a national unified QR


label that combines multiple QR payment options into one,
including PayNow. All QR payment methods accepted by your
business will be displayed at the bottom of your SGQR Code.

Which nature of business is suitable to 1. Merchants with retail stores


use SGQR? 2. Service providers (E.g. Telco, Utilities companies)

What is the pre-requisite to register for Registered PayNow Proxy ID tagged to CIMB SGD account.
SGQR?
How do I register for SGQR? SGQR Form is available at (https://www.cimb.com.sg/paynow-
corporate)
How long will I receive my SGQR Label? SGQR Labels will be sent to you within 10 working days upon
receiving your application.
What are the costs related to adopting Registration for SGQR is free.
and transacting with SGQR?
2 free SGQR labels with each new registration. Thereafter, S$5/-
per SGQR label will be debited from your account with us
(requests for additional SGQR labels must be in multiples of 2).

PayNow is free till 31 December 2024. Thereafter, PayNow fees


will apply.

Is there a minimum amount? There is no minimum transaction limit. Customers will be required
Or a maximum amount for PayNow-SGQR to key in their Second Factor Authentication (2FA) for transactions
payments? exceeding S$1,000. Customers may also set their PayNow limit to
a level that they are comfortable with. Maximum transaction
amount is S$200,000 for FAST and subject to the Payee’s limit set
with their PayNow registered Bank.

Where can I find my SGQR ID? Your SGQR ID can be found at the top right corner of your existing
SGQR label.

If I want to print the SGQR Label on my There are standard specifications acceptable by the SGQR
own, what do I need to know? scheme, inclusive of specific material that label is printed on,
CIMB will provide you with the printed labels upon successful
SGQR registration.

All labels must be printed in full color and high-resolution image


(recommended 300 DPI) on vinyl code, matt surface water
resistant sticker in either A5 or A6 dimension

For more information, please visit https://abs.org.sg/consumer-


banking/pay-now
I have multiple outlets, how many SGQR You should have 1 SGQR ID for each outlet. Hence you will have
should I get? 5 different SGQR ID.

How do I know my payer has paid me? You may check your payer’s payment confirmation screen and
ensure that the recipient name, Unique Entity Number(UEN) and
amount is correct.

You may subscribe to our E-Alert service to receive transaction


notification via SMS or Email.

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