SUBSCRIBERS

IMDA partners DBS, OCBC, UOB on e-invoicing

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.

Copyright SPH Media. All rights reserved.