Receive Money from Singapore

Receive Money from Singapore

Peanut is working on integrating PayNow for payments in Singapore. We do not have an exact launch date. Sign up to get notified. You can already deposit and withdraw digital dollars via supported networks.

Peanut will integrate with **PayNow**, Singapore's national real-time payment system. PayNow connects all major banks (DBS, OCBC, UOB) and supports SGQR — the unified QR standard accepted at merchants throughout Singapore. Phone-number-based person-to-person transfers will also be supported.

Sign up at [peanut.me](https://peanut.me/invite?code=SQUIRRELINVITESYOU&utm_medium=content&utm_source=countries&utm_campaign=singapore&utm_content=faq) to be notified when PayNow integration goes live. Create your account now — it will unlock spending when Singapore launches.

No. Peanut will accept passport verification from any country. You will not need an NRIC (National Registration Identity Card), FIN (Foreign Identification Number), or a Singapore bank account. This makes Peanut accessible to tourists, business travelers, and short-term visitors who cannot register for PayNow directly.

Card payments in Singapore typically add 2-4% in foreign transaction fees and exchange rate markups, though the SGD's stability means you do not face the wild rate swings seen in some other markets. Peanut will convert at the market rate with no fees — saving you that 2-4% on every transaction. Over a week-long business trip, the savings add up quickly.

If the hawker stall displays an SGQR code, Peanut will work there. SGQR adoption at hawker centres is widespread in Singapore, especially at popular centres across the city. The digital payment culture in Singapore is strong — QR payments are the norm, not the exception.