Starting today, M1 customers will be able to use e-payment service PayNow when they shop at the telco’s outlets, according to media reports.
The service is provided by United Overseas Bank (UOB), and M1 is the first telecommunications company in Singapore to offer such a payment option.
For in-store purchases, M1 customers may simply use the mobile banking application of any PayNow participating bank to scan a quick response (QR) code generated at the M1 shop counter.
M1 customers may also use PayNow to pay their monthly M1 bills, Todayonline added. By scanning the QR code on their bill statement, customers can then complete their payment by confirming the transaction details that are automatically uploaded.
“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,” said Ms So Lay Hua, head of group transaction banking and group wholesale banking at UOB.
M1’s chief marketing officer P Subramaniam added, “PayNow is a very convenient e-payment platform which will enhance our customers’ payment experience.”
About eight in 10 consumers in Singapore have adopted e-payments.