DBS Hong Kong Rolls Out Hassle-free Smart Banking | 繁體

Hong Kong.17 Sep 2018
Hong Kong, 17 Sep 2018 - DBS, which was recently crowned Best Bank in the World by Global Finance and is a two-time winner of Euromoney’s World’s Best Digital Bank award, today became one of the first banks in Hong Kong to support the Hong Kong Monetary Authority’s launch of the Faster Payment System. With this new smart banking solution, DBS Hong Kong continues to transform the way banks serve, engage and interact with customers though FinTech innovation.

DBS Bank (Hong Kong) named the FPS on its mobile and online banking as “PayFast”.

DBS Bank (Hong Kong) CEO Sebastian Paredes said, “Recognising that people’s lives don’t revolve around banking, we have launched “PayFast” a seamless, efficient and intuitive customer experience under the Faster Payment System. This reflects our commitment to a new kind of hassle-free and invisible banking that will help ensure we remain at the forefront of banking for years to come.”


Offers

Register PayFast now and enjoy up to HK$400 cash rewards (for consumer banking customers)

We have communicated with the customers for service details, please refer to the following table for other information.

DBS Bank (Hong Kong) updates on FPS

 

Consumer Banking

Corporate Banking

Ways of Registration

Customers can start registering their mobile number or email address with Faster Payment System (FPS) from 17 Sep onwards, by linking with their default bank accounts.

Corporate customers, including SMEs, can start registering their mobile number, email address or ask for a FPS proxy ID from 17 Sep onwards, by linking with their default bank accounts.

Available Platform

-       DBS iWealth

-       DBS digibank

-       DBS iBanking

 

Registration can be done via both online and the app


-       DBS IDEAL (the app)

-       DBS IDEAL (online banking)

 

Registration can be done via both online and the app

 

 

Service

Customers can make real-time fund transfers (RMB & HKD) to payee directly to their mobile number, email address or proxy ID from 30 Sep onwards, where bank account number is no longer needed

Charge

Free of charge for DBS customers

Website

https://www.dbs.com.hk/personal-zh/deposits/payments-transfers/FPS/PayFast

https://www.dbs.com.hk/sme-zh/day-to-day/payments/fps.page

Remarks

It supports small-value transfer of HKD10,000 per day without extra authentication needed. DBS customers can also make fund transfer amount (registered payee) up to HKD1,000,000 by using Secure Device

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About DBS

DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence 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 “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 ten consecutive years from 2009 to 2018.

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 26,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.