OCBC rolls out standalone mobile payments app

It will make QR code payments available to 2,500 NETS terminals.

Singapore banking giant is furthering its cashless payment service with the launch of its first standalone app dubbed as OCBC Pay Anyone.

This app makes QR code cashless payments available at close to 2,500 NETS terminals. It brings together all OCBC Pay Anyone services and enhancements – peer-to-peer e-payments, QR code payments and access to OCBC Pay Anyone integrated with Apple iPhone’s Siri and iMessage – into a one-stop access to e-payments.

With the app, customers will be able to scan QR codes at participating merchants’ NETS terminals to pay for their purchases directly from their OCBC Bank account. Payments through OCBC Pay Anyone have increased exponentially with a tenfold increase in the amounts paid and an almost fourfold increase in average monthly transactions since last year.

The OCBC Pay Anyone app is available for download on the Apple and Google Play mobile app stores. Starting June, OCBC customers can pay for purchases at more than 1,000 merchants including Robinsons, Zara, Marks & Spencer, Gap, Paradise Classic restaurants, Caltex stations and Gardens by the Bay by scanning the QR codes on the NETS terminal or printed receipt using the OCBC Pay Anyone app. After authenticating the transaction securely with a fingerprint, the payment is immediately deducted from the customer’s OCBC Bank account and paid to the merchant through NETS.