Singapore Dbs Boosts Tender

Over the next few months DBS Bank will integrate its rewards app the DBS Lifestyle app into DBS PayLah so customers can enjoy personalised deals rewards and conduct their everyday transactions such as checking their spend history redeeming rewards andor rebates across all of their DBSPOSB debitcredit cards and DBS PayLah accounts on a single app.The move will create a seamless user experience and bring greater convenience to more than 3.3 million DBSPOSB cardholders by allowing them easy access to consolidated deals via DBS PayLah strengthening its position as Singapores leading everyday app. More than 500 merchant partners including familiar favourites such as Lazada Shopee foodpanda Redmart Chope Agoda and Jewel Changi Airport will benefit from this integration as well with more opportunities to provide exclusive deals to a larger customer base. Cardholders can also expect to receive personalised nudges and contextualised offers on the DBS PayLah platform with the integration. Enabled by the banks advanced intelligent banking capabilities these will be further extended across an expanded universe of merchants. Customers can continue to enjoy the wide range of everyday services already available on DBS PayLah such as ride-hailing ticket booking food delivery bills payment and more.With the integration we aim to simplify and give our customers more freedom in their rewards and rebate redemption choices where they can instantly redeem rewards on either their cards or QR merchant transactions said Anthony Seow Head of Payments Platforms DBS Bank. This move to help our customers consolidate their transactions across their everyday payments and rewards on a single mobile platform is a paradigm shift even as we progressively expand DBS PayLahs functionalities. In addition to lifestyle perks customers can also scan to pay with their DBS PayLah app at more than 180000 acceptance points island wide. This includes mom-and-pop stores or hawkers that do not accept credit cards as a payment method as DBS PayLah is integrated into multiple major payment rails in Singapore including SGQR PayNow QR NETS QR and FavePay QR. DBS continues to see high adoption and usage of its digital banking services since the onset of Covid-19 as Singaporeans are not only shifting to but also sticking with their mobile phones and online platforms for everyday payment and banking needs. DBS PayLah customers made 2.3 million more transactions over January to March 2020 versus the same period last year while the total value of transactions had gone up by 40.