PayNow Singapore — Bolt — First E-Wallet to Support PayNow Top Up
Bolt, Singapore’s fastest money transfer app has become the first non-bank digital wallet to support PayNow– a peer to peer fund transfer service introduced by the Association of Banks in collaboration with leading Singapore banks in June 2017. With this feature, Bolt users who are customers of Citibank Singapore Limited, DBS Bank/POSB, HSBC, Maybank, OCBC Bank or Standard Chartered Bank can use the PayNow service for instant Bolt wallet top-ups.
Mr Aditya Haripurkar, Founder of Bolt said “Bolt by HitPay was founded with the vision of being a modern, innovative and inclusive e-wallet service for all Singapore banking customers. With the introduction of PayNow top ups, Bolt users get the benefit of getting their wallet accounts loaded instantly irrespective of their existing bank account and without requiring to perform FAST bank transfers which results in slower processing times.”
This new feature has been in public beta for 2 months and existing Bolt users are very impressed with the feature. Bala, a Bolt user for over 10 months said “ With PayNow top ups being supported on Bolt, my Bolt account can be loaded instantly with a simple PayNow transfer. In addition, since Bolt works with any Singapore bank account, it serves as the best singular e-wallet service in Singapore for all my friends who have different bank accounts”
Bolt was launched in Nov 2016 and has processed in excess S$1m worth of transactions with over 8000+ users. Bolt is a product of HitPay Wallet Pte Ltd.