This pioneering solution allows users to go beyond simply scanning or generating QR codes to make payments and fund transfers. DBS QR Ang Baos provide users with the ability to ‘load’ their desired cash values onto unique QR codes – the first time in the world that this functionality is being introduced in QR codes.How DBS QR Ang Baos work
Using DBS PayLah!, Singapore’s most popular mobile wallet with more than one million users, customers simply need to scan a unique QR code on a DBS QR Ang Bao to ‘load’ a cash value of up to SGD 999. They may then gift the DBS QR Ang Bao to their family and friends, who can scan the QR code with their own DBS PayLah! app to receive the loaded amount. Visit https://youtu.be/CxAD6pnxWuM to watch a short video on how the DBS QR Ang Bao works.
Said Jeremy Soo, Managing Director and Head of Consumer Banking Group (Singapore), DBS Bank, “In the spirit of celebration and reinvention this Chinese New Year, we decided to introduce a fresh, digital take on the traditional red packet exchange, while retaining the meaningfulness of the physical act of giving and receiving red packets itself. The pilot also showcases the different, unexpected ways in which digital funds can replace cash. The DBS QR Ang Bao is ideal for time-starved customers who hope to forgo the usual hassle of obtaining new notes for CNY, or for those who embrace the spirit of being early adopters and appreciate having conversation-starters during family gatherings.”
Starting 25 January 2019, limited quantities of DBS QR Ang Baos will be made available to customers who wish to try them out. Two sets (in packs of eight) of DBS QR Ang Baos will be distributed to customers at 95 DBS/POSB branches or POSB Pop-Up ATMs island-wide (please refer to the Appendix for the list of collection points), subject to availability.The DBS QR Ang Baos will be valid for use from 25 January 2019 to 15 March 2019; funds not redeemed by 15 March 2019 will be refunded to the givers.Introducing the DBS PayLah! QR Ang Bao Contest
Customers who successfully send or redeem a DBS QR Ang Bao or DBS PayLah! eAng Bao are eligible to participate in the DBS PayLah! QR Ang Bao Contest.From 5 February to 19 February, daily prizes of SGD 188 will be awarded to ten customers with the highest number of qualifying transactions at the end of each day. In addition, the customer with the highest cumulative number of qualifying transactions from 1 February to 19 February will walk away with the grand prize of SGD 8,888. A qualifying transaction is defined as a successful DBS QR Ang Bao or DBS PayLah! eAng Bao transaction between a unique giver-receiver pair (i.e. multiple transactions between the same giver-receiver pair are counted as one transaction).To find out more about the DBS PayLah! QR Ang Bao Contest and DBS QR Ang Baos, please visit:https://go.dbs.com/sg-qrangbao
APPENDIXList of DBS/POSB branches for DBS QR Ang Bao collection:
Branch
Type
DBS Bishan Branch
DBS Branch
DBS Plaza Singapura Branch
DBS Thomson Branch
DBS Raffles Place Branch
DBS MBFC Branch
DBS South Bridge Branch
DBS Suntec City
DBS Toa Payoh Branch
DBS Woodlands Branch
DBS Parkway Parade Branch
DBS Towner Road Branch
DBS Bedok Branch
DBS Hougang Branch
DBS Tampines One
DBS Serangoon Garden Branch
DBS HarbourFront Branch
DBS Raffles Link
DBS Alexandra
DBS Clementi Branch
DBS Holland V
DBS Jurong Point Branch
DBS Westgate
DBS Bukit Timah Branch
DBS Choa Chu Kang Branch
DBS Raffles Pl Svc Ctr
DBS w/o notes exchange
DBS Marina Bay Sands
DBS Woodlands Svc Ctr
DBS NUS Remix Branch
POSB Centrepoint Branch
POSB Branch
POSB Ngee Ann City Branch
POSB Yishun Central Branch
POSB Square 2 Branch
POSB Toa Payoh Central Branch
POSB Ang Mo Kio Central
DBS and POSB
POSB Kampung Admiralty
POSB Newton Branch
POSB Woodlands West Branch
POSB Marine Parade Branch
POSB Paya Lebar
POSB Bedok Central Branch
POSB Eastpoint
POSB Heartland Mall Branch
POSB Serangoon Central Branch
POSB Pasir Ris East
POSB Tampines Central Branch
POSB Tampines East Branch
POSB White Sands Branch
POSB Compass One
POSB Hougang Central Branch
POSB Seletar Mall
POSB Waterway Point
POSB Tanjong Pagar Branch
POSB Bukit Panjang Branch
POSB Buona Vista Branch
POSB Clementi Central Branch
POSB Jurong East Central Br
POSB Jurong Point Branch
POSB Jurong West Branch
POSB Bukit Batok Central Br
POSB Yew Tee Branch
POSB Tiong Bahru Branch
POSB Yishun North Branch
POSB w/o notes exchange
POSB ITE College CTL
DBS Treasures at Bukit Timah
Treasures Centre
DBS Treasures at Holland V
DBS Treasures at MBFC
DBS Treasures at Ngee Ann City
DBS Treasures at Parkway Parade
DBS Treasures at Raffles Place
DBS Treasures at Serangoon Garden
DBS Treasures at Siglap
DBS Treasures at Suntec City
DBS Treasures at Thomson Plaza
DBS Treasures Private Client Centre
TPC centre
POSB Pop-Up ATMs
Bedok Community Centre
Chong Pang Community Centre
Ci Yuan Community Centre
Henderson Community Centre
Bukit Batok East Community Centre
Macpherson Community Centre
Yew Tee Community Centre
Toa Payoh Central Community Centre
Keat Hong Community Centre
Yihua Community Centre
Bukit Panjang Community Centre
Changi Simei Community Centre
Clementi Community Centre
Elias Community Centre
Sengkang Community Centre
Tampines West Community Centre
Teck Ghee Community Centre
Whampoa Community Centre
Taman Jurong Community Centre
Woodlands Galaxy Community Centre
