DBS pilots QR red packets for Chinese New Year

Singapore

DBS will trial a loadable QR (quick response) red packet service this Chinese New Year season in what it called a "a fun, digital twist on the age-old tradition".

Singapore's largest bank said on Wednesday it would pilot this by issuing red packets that have unique QR codes printed on them. Roughly three million of such red packets, known as the DBS QR Ang Bao, are available.