Final yr, DBS piloted the world’s first loadable QR Present (then known as QR Ang Bao) to ring within the Chinese language New 12 months.
In the event you’re nonetheless unfamiliar with it, the QR Presents are bodily crimson packets, however you don’t fill them up with money.
As a substitute, you ‘load’ your required money worth (of as much as S$999) onto a QR code. Then, your recipient scans the QR code once more to get the worth credited into their account.
This was created with “the twin goal of eliminating using money while preserving the custom of exchanging bodily crimson packets”.
Based on DBS, the initiative was nicely obtained with over S$1.5 million loaded onto QR Presents throughout the Chinese language New 12 months interval of 2019.
“We’re happy that the general public responded warmly to the DBS QR Present final yr and have been taking in suggestions from shoppers since then,” stated Jeremy Soo, Managing Director and Head of Client Banking Group (Singapore), DBS Financial institution.
This yr, DBS’ QR Present is again once more, with some new options to make celebrations much more hassle-free.
Non-DBS Users Can Now ‘Huat’ Too
Whereas the QR Present might beforehand be despatched and obtained solely by DBS PayLah! customers, DBS has now prolonged the service in order that all PayNow customers may also redeem funds instantly into their financial institution accounts.
For PayNow customers, it really works barely in a different way:
After scanning the QR code in your smartphone, choose the choice to ‘Redeem through PayNow’.
You may be prompted to register to your SingPass account in your cell browser or the SingPass Cellular app.
Select the linked PayNow account that you really want your QR Present to be credited to, and the quantity will probably be deposited!
Youngsters below the age of 16, who beforehand didn’t have entry to DBS PayLah!, will even be capable to redeem their very own QR Present this yr with their mother and father consent.
To convey even higher comfort to QR Present senders, DBS has added a brand new bulk-loading characteristic that lets clients load as much as 10 QR Presents directly.
Granted, it limits you to setting the identical loaded money worth, message and animation for all 10 recipients, but it surely positive is useful to save lots of you a while!
The place To Get Your DBS QR Present Playing cards
DBS QR Present playing cards at the moment are out there in any respect DBS and POSB full-service branches, DBS Treasures Centres and POSB Pop-up ATMs islandwide.
Prospects can accumulate them in packs of eight at no cost.
The QR Presents will probably be legitimate to be used from 9 January 2020 to 21 February 2020, and any funds not redeemed by 21 February 2020 will probably be refunded to the senders.
To make the season a very affluent affair, DBS is giving customers an opportunity to win money prizes by enjoying ‘TapLah!’, a cell recreation hosted on the DBS PayLah! app.
From 25 January to eight February 2020, each day prizes of S$88 will probably be awarded to the highest 25 gamers with the best recreation scores on the finish of every day.
The participant with the best rating of your complete recreation interval will stroll away with the grand prize of S$800.
Every qualifying transaction of a DBS QR Present provides you one likelihood to participate.
Qualifying transactions are outlined as when a DBS PayLah! consumer masses and provides a QR Present to a novel receiver who redeems it by eight February 2020, or when a DBS PayLah! consumer redeems a QR Present from a novel giver by eight February 2020.
For extra data, click on right here.
Featured Picture Credit score: DBS Financial institution