DBS and Google to integrate DBS PayLah! with GPay services
Singapore.11 Nov 2019
Partnership will avail peer-to-peer and peer-to-merchant transaction services to Google Pay (GPay) users
Singapore, 11 Nov 2019 - DBS today announced plans to launch Google Pay services with DBS PayLah! by early 2020. DBS’ collaboration with Google includes the integration of both peer-to-peer (P2P) and peer-to-merchant (P2M) transaction services. The integration will allow DBS PayLah! customers to send and receive funds and also pay merchants via Google Pay using a single-click sign-up.
Said Han Kwee Juan, Chief Strategy Officer at DBS Bank, “We believe that integrating Google Pay with our DBS PayLah! platform will deliver greater convenience to consumers as they will have more options to transfer funds and make instant payments to some 80,000 merchants in Singapore. This collaboration demonstrates our commitment towards building wholly seamless, intuitive services for our customers and is in line with our plans to ramp up our ecosystem partnerships regionally.”
“We are delighted to partner with DBS in our mission to make mobile payments simple, helpful and secure and through this collaboration we hope to make that a day-to-day reality for Singaporeans,” said Mr Caesar Sengupta, Vice President of Payments and the Next Billion Users initiatives at Google.
In September 2019, DBS announced that it would more than double DBS PayLah!’s existing user base of 1.6 million to 3.5 million by 2023.
About DBS
DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 11 consecutive years from 2009 to 2019.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 28,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.
Said Han Kwee Juan, Chief Strategy Officer at DBS Bank, “We believe that integrating Google Pay with our DBS PayLah! platform will deliver greater convenience to consumers as they will have more options to transfer funds and make instant payments to some 80,000 merchants in Singapore. This collaboration demonstrates our commitment towards building wholly seamless, intuitive services for our customers and is in line with our plans to ramp up our ecosystem partnerships regionally.”
“We are delighted to partner with DBS in our mission to make mobile payments simple, helpful and secure and through this collaboration we hope to make that a day-to-day reality for Singaporeans,” said Mr Caesar Sengupta, Vice President of Payments and the Next Billion Users initiatives at Google.
In September 2019, DBS announced that it would more than double DBS PayLah!’s existing user base of 1.6 million to 3.5 million by 2023.
[END]
About DBS
DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 11 consecutive years from 2009 to 2019.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 28,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.