Whether you want to settle utility bills, pay a merchant, or transfer money to your friends and family, it can never be done more easily by using DBS Credit Cards via FPS with the new Pay & Transfer function in DBS Card+ app!
One-off handling fee for paying other banks’ credit card bills via Pay & Transfer!
Pay & Transfer function improved your payment experience so that you can enjoy greater financial flexibility! When you pay credit card bills of other banks or make payments to financial institutions using Pay & Transfer with DBS Credit Cards via FPS#, a one-off 3% handling fee will be charged. The handling fee will be clearly stated on the transaction page so you will not encounter any unexpected additional expenses.
Features
Intuitive Interface
Scan & Pay function allows you to complete the transaction instantly via Faster Payment System (FPS)^ in a few simple taps
Extensive Coverage
Over 150,000 FPS merchant accounts, including “cash-only” merchants, accept FPS payment by DBS Credit Cards and enjoy free handling fee@
Instant Transfer
Unleash your credit flexibility to transfer money and enjoy up to 60 days’ interest-free repayment period
Flexible Repayment
You can split your bills instantly by applying for Flexi Shopping*
Limited Time Offer on Pay & Transfer Function
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Earn Cash Rebate each month by settling CLP bill via FPS by DBS Credit Cards1 Promotion Period: 1 April to 30 June 2025
1Limited to customers who have never used the Pay & Transfer function to settle CLP electricity bills. If you are an eligible customer, the rebate amount will be displayed after scanning the FPS QR code in electricity bill 2Limited to the first 10,000 Eligible Transactions each month. Each DBS Card+ account can enjoy HK$10 cash rebate maximum 1 time each month. Offers and promotions above are subject to terms and conditions, please click here for details. |
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Enjoy HK$0 handling fee for the first HK$10,000 of money transferred to friends or family Promotion Period: 1 Mar 2025 to 31 May 2025 Enjoy HK$0 handling fee+ for the first HK$10,000 accumulated money transferred to friends and family each month during the promotion period! |
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New Customer Limited Time Offer for Payment to Merchants Promotion Period: 1 Mar 2025 to 31 May 2025 New customers1can enjoy HK$5 cash rebate by settling utility bills or paying to merchants in a single transaction of HK$100 or above by using Pay & Transfer during the promotion period (each DBS Card+ app account can enjoy the reward for the first six eligible transactions, up to a total of HK$30 during the promotion period)! 1Only applicable to the Cardholders who have never made any transactions to merchants that registered as Corporate under Hong Kong Interbank Clearing Limited Faster Payment System Addressing Service Registrations with any Applicable Credit Cards via Pay & Transfer function in DBS Card+ app during 20 Feb 2023 to 28 Feb 2025. |
Why Pay & Transfer
| Transferring money with credit card easily | Use credit card at “cash only” merchant and apply Flexi Shopping |
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Transfer money from your credit card account instantly to pay your friends back, settle family expenses or pay the rent anytime to get greater financial flexibility. You can also enjoy an interest free repayment period by using credit card to transfer money to make your life easier! |
Apart from paying daily bills such as electricity bills and taxes with credit cards via the new function, you can also shop at small retailers, surrogate shopping or online shops that accept FPS payment and split your bills to better maintain your cash flow! |
User Guide
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^Only if the recipient/merchant’s bank/stored-value facilities support FPS real time payments, the exact timing of crediting funds to recipient depends on the Fast Payment System (FPS) and the recipient/merchant’s bank/stored-value facilities.
@Not applicable if the merchant categories are “Banking and Credit Card Services”, “Credit Card Payment”, “Credit Services” and/or “Security Broker”.
*Depending on the transaction types, not applicable on transaction for personal money transfer or pay merchant which categories are “Banking and Credit Card Services”, “Credit Card Payment”, “Credit Services” and/or “Security Broker”.
+The transferred amount over HK$10,000 will be charged handling fee as usual and posted to the Applicable Credit Cards. For handling fee details, please refer to the Credit Card Fee Schedule & Annualized Percentage Rate Table in bank website.
FAQ
Pay & Transfer is a credit card service available in DBS Card+ HK app (“DBS Card+”) allowing you to pay your friends, merchants or settle bills with your DBS Credit Cards via Fast Payment System (FPS). To use this service, you must activate your DBS Card+ account in advance.
The service is available to principal cardholders (excluding supplementary cardholders) of DBS Credit Cards and Co-branded Cards (excluding Private Label Card and Business Cards).
Whether you want to settle utility bills, pay a merchant, or transfer money to your friends and family, it can never be done more easily by DBS Credit Cards with the new Pay & Transfer function in DBS Card+ app!
Once your payment instruction is received, you will be notified by SMS, email and DBS Card+ push notifications on the payment progress. The time it takes for the funds to be credited to recipient's account depends on the handling of the receiving bank. In general, the recipient/merchant will receive funds immediately if recipient/merchant’s bank/stored-value facilities support FPS real time payments.
One-time handling fee may be charged for each Pay & Transfer transaction according to the transaction categories. The fee will be shown on the transaction preview page.
You have to set up a daily transaction limit when using Pay & Transfer for the first time.
- The daily transaction limit of “Small Value Transfer” (including Scan & Pay) is HK$10,000; and
- The daily transaction limit of “Registered and Non-Registered Recipient” is HK$150,000.
If you have used up the daily transaction limit of “Small value Transfer”, the transaction will be counted towards the limit of “Registered and Non-Registered Recipient”. Regardless of your daily limit setup, the transaction amount is also bound by the available credit limit of your credit card (if sufficient). To avoid doubt, tax payment is not subject to the daily limit.
You can adjust the daily limit at any time in DBS Card+:
- Method 1: Visit “Pay & Transfer” transaction page > Tap “Manage Limits”
- Method 2: Visit “More” > Tap “App & Security Settings” > Tap “Manage Transfer Limits”
Both SMS and email OTP verifications are required for setting a higher limit. The new limit will take effect 6 hours after completing SMS and email OTP verifications.
Here are some common reasons:
- Wrong recipient information
- Insufficient credit card limit
- Insufficient Pay & Transfer daily limit
- Your new DBS credit card is activated within the last 24 hours. (Please try the service 24 hours after your credit card activation)
- Bad network connectivity of your device
You can make a payment or transfer to “Registered Recipient” and “Non-Registered Recipient” anytime. However, if your payment amount to a “Non-Registered Recipient”, both SMS and email OTP verifications may be required (depends on the payment & transfer amount).
You can register a recipient via DBS Card+ “Pay & Transfer” Page > Tap “Registered Recipient” > Tap “REGISTER a new Recipient”. Both SMS and email OTP verifications are required. Registration of a new recipient will take 6 hours to be effective. Until then, authentication will be required for transferring funds to a non-registered recipient.
No, COMPASS Dollar / DBS$ cannot be earned by making payments to merchants or transferring money to friends. However, you may earn cash rebate through promotional offers from time to time, the cash rebate amount will be shown on the transaction page.
To safeguard your interest, we will auto reset your daily transfer limit to HK$0 if you didn’t make any Pay & Transfer transaction in past 12 months. You need to reset your daily limit in order to complete the transaction.
The same procedure for normal credit card transactions applies.
Terms and Conditions
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