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Travellers can now use DBS PayLah! at over 100 million merchants across China

By · Published by Everything Blog

In short

The rollout lets customers either scan vendor QR codes or generate their own codes to complete purchases. Before finalizing transactions, users will see the costs displayed in Chinese yuan alongside the exchange rate and final Singapore dollar total. The launch comes as foreign visits to China jumped 15.6 per cent from July to September, with Singapore ranking among the top ten origin markets.

Key points

  • DBS is currently the only bank in Singapore supporting payments across UnionPay, Alipay,…: DBS is currently the only bank in Singapore supporting payments across UnionPay, Alipay, and Weixin Pay networks.
  • Singapore ranked among the top ten foreign source countries for visitor arrivals to China…: Singapore ranked among the top ten foreign source countries for visitor arrivals to China between July and September.
  • PayLah! users can both scan merchant codes and generate their own QR codes, unlike compet…: PayLah! users can both scan merchant codes and generate their own QR codes, unlike competitor OCBC's limited Weixin Pay service.

Sources checked by our analysis pipeline: 1

Users can pay by scanning a merchant's QR code or presenting their own for merchants to scan, without additional transaction fees.

SINGAPORE: More than three million DBS PayLah! users can now make QR payments at over 100 million Alipay and Weixin Pay partner merchants across mainland China.

Users can either scan a merchant's QR code or present their own for the merchant to scan, DBS said on Thursday (Nov 12).

There will not be any additional transaction fees.

Before confirming a transaction, users can view the payment amount in Chinese yuan, the applicable foreign exchange rate and the amount in Singapore dollars.

Users will need to update their DBS PayLah! app to the latest version to access the new payment functions.

Together with its existing UnionPay QR connectivity, DBS said it is the first and only bank in Singapore to support QR payment methods across all three major QR payment ecosystems in China.

"Payments are key to discovering everything China has to offer, especially as customer interest in 'China-maxxing' continues to rise," said Calvin Ong, head of consumer banking group…

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