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PayNow on Coinmama

Our rating
3.9
Offered in
1 country
Type
Domestic bank rail
Rail reviewed
2026-08-18
Review updated
2026-08-12

Yes. Coinmama takes PayNow in Singapore. Receipt is almost immediate, and FAST is available anytime, 24x7, 365 days a year. By reach it is 17th of the 25 rails on our record for Coinmama; Credit or debit card is offered in more countries.

What PayNow is

PayNow is Singapore's addressed instant transfer service, run by the Association of Banks in Singapore and settled over FAST, the country's interbank fast payment rail. It lets customers of participating banks and payment institutions send Singapore dollars using a mobile number, NRIC or FIN, a Virtual Payment Address, or a business UEN instead of an account number. Singapore exchanges use it for Singapore dollar deposits.

Speed
Receipt is almost immediate, and FAST is available anytime, 24x7, 365 days a year.
Cost of the rail
ABS states that PayNow is provided free to retail customers, while charges on other FAST transfers are a commercial decision left to each bank or payment institution.
Limits
FAST allows up to S$200,000 per transaction, subject to whatever daily, monthly or annual limits your own bank or payment institution imposes.

Every exchange that takes PayNow

Where Coinmama offers PayNow

Each country opens the Coinmama page for that market, with its rank there and every rail it takes. The number is Coinmama's rank in that country's guide.

Asia (1)

What PayNow costs on Coinmama

There are no deposits: you pay per purchase with a card or bank transfer.

Other ways to pay on Coinmama

24 other rails at least one country we rank Coinmama in uses, widest reach first.

Frequently asked questions

Does Coinmama accept PayNow?

Yes, in Singapore. By reach it is 17th of the 25 rails on our record for Coinmama; Credit or debit card is offered in more countries. Support is decided market by market, so the country pages linked here are the exact list.

In which countries can I use PayNow on Coinmama?

Singapore, from our country guides reviewed between 2026-08-12 and 2026-08-12.

How long does a PayNow deposit take on Coinmama?

Receipt is almost immediate, and FAST is available anytime, 24x7, 365 days a year. That describes the rail itself; Coinmama may hold a first deposit for longer while it verifies your account.

What does PayNow cost on Coinmama?

ABS states that PayNow is provided free to retail customers, while charges on other FAST transfers are a commercial decision left to each bank or payment institution. On Coinmama's side: There are no deposits: you pay per purchase with a card or bank transfer.

Are there limits on PayNow deposits?

FAST allows up to S$200,000 per transaction, subject to whatever daily, monthly or annual limits your own bank or payment institution imposes. Any limit Coinmama applies on top is set per account tier and shown inside the platform.