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IMDA partners DBS, OCBC, UOB on e-invoicing

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Vivienne Tay

Vivienne Tay

Published Wed, Sep 23, 2020 · 09:50 PM

Singapore

THE Infocomm Media Development Authority (IMDA) has partnered DBS, OCBC and UOB to develop banking solutions, leveraging nationwide e-invoicing network InvoiceNow and the PayNow e-payment system.

InvoiceNow and PayNow both use the Unique Entity Number to help businesses send or receive invoices and collect payments.

IMDASingapore banksPayments

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