PayFast is an electronic fund transfer service supported by Faster Payment System (FPS) that allows you to pay instantly* to any local recipients’ mobile number or email address, and does not require additional authentication. Daily transfer limit is up to HK$10,000.

PayFast is free.

Receiving money:

• Inform sender of your registered mobile number or email address
• Inform sender to send funds to your registered mobile number or email address using transfer function, supported by FPS, on his/her bank's internet banking or mobile banking platform

Sending money:

Via DBS iBanking:

• Login DBS iBanking
• Select "Transfers", then select "PayFast"
• Enter recipient and transfer details
• Verify details and submit

Via DBS digibank HK app:

• Login DBS digibank HK
• Select "PayFast" under Pay & Transfer
• Enter recipient and transfer details
• Verify details and submit

When you transfer funds via PayFast, you will enter the recipient mobile number or email address and click "Verify" in DBS iBanking or “Next” in DBS digibank HK to perform a lookup. Doing so will display the recipient's partial name. You can verify he/she is indeed the right person.

When you transfer funds via PayFast, you will enter the recipient mobile number or email address and click "Verify" in DBS iBanking or “Next” in DBS digibank HK to perform a lookup. Partial recipient name will be shown when the mobile number or email address is registered. Otherwise, you will be notified.

You can perform a one-time activation from Transfer Settings via DBS iBanking. During activation, you will need your Secure Device for authentication.

Please follow below steps to register & activate PayFast:

Step 1: Register Payfast
Register with Mobile Number or Email Address

1. Login to iBanking

2. Click “Transfer”, then click “Transfer Settings”



3. Select “Receive Funds with Mobile” or “Receive Funds with Email”, click “Activate”



4. Select account for receiving funds, then click “NEXT”



5. Verify details, and enter the 6-digit One Time Password which is sent via SMS to the mobile number, then click “Submit”



6. Registration completed, you will receive confirmation SMS.

Register with HKID Card number

1. Login to iBanking

2. Click “Transfer” and “Transfer Settings”, then select “Receive Funds with HKID”



3. Authenticate with Digital Token



4. Select account for receiving funds, then click “Next”



5. Verify details, then click “Submit”



6. Registration completed, you will receive confirmation SMS.

Step 2: Activate PayFast

Activate PayFast

Follow below steps to change the daily transfer limit for PayFast:

1. Login DBS iBanking, click “Transfer” on menu bar, then click “Transfer Settings”



2. Select “PayFast”, then click “Update”



3. Enter new daily transfer limit, then click “NEXT”



4. Verify details, then click “Next”



5. Transaction completed.

Once you have activated PayFast, you can transfer funds through PayFast via DBS ibanking.

Please follow below steps to transfer your funds through PayFast:

1. Login to iBanking

2. Click “Transfer”, then click “PayFast”

3. In “From Account” pull down menu, select account for transferring funds;

   select “Mobile Number” or “Email Address” or “FPS ID” for transferring mode to recipient, and enter mobile number or email address or FPS ID of recipient, then click “Verify”

4. Verify Payee Name

5. Enter transfer amount and “Message to Recipient” (if any), then click “NEXT”

6. Verify details, then click “Submit”

7. Transfer completed.

Notes:

• Please ensure the recipient and transfer details are correct before you submit the transaction. Once you have submitted the transaction, it cannot be cancelled. If a wrong transaction has been submitted, please download the mis-transferred fund recall request form here and return the completed form to our branches or call (852) 2290 8888 for assistance.

• If you have received funds that are mis-transferred to you, you should immediately contact us at (852) 2290 8888 to arrange the return of funds. You may have criminal liability if you do not return the mis-transferred funds.

Step 1: Log in and go to Transfer > PayFast
Step 2: Select “FPS ID” under Transfer Mode
Step 3: Enter recipient’ FPS ID and transfer details
Step 4: Verify details and submit

All single-name accounts and joint-name accounts (excluding joint-accounts with all-to-sign instruction) of DBS Current and Savings accounts are eligible to be linked to mobile number or email address to receive funds transfers.

Yes, each joint account holder can choose to link his/her own mobile number or email address associated with his/her DBS iBanking profile to the same joint account (excluding joint-accounts with all-to-sign instruction).

Once you close your bank account, all mobile number or email address linked to that account will automatically be de-registered, and you will be notified accordingly via SMS or email.

The high risk alert is generated based on information collected from scam reports and recorded in the Scameter of the Hong Kong Police Force. Please contact them at [email protected] if you think the FPS proxy IDs/bank account numbers/SVF account numbers are not tagged correctly.

No, DBS cannot do the deletion. The high risk alert is generated based on information collected from scam reports and recorded in the Scameter of the Hong Kong Police Force. Please contact them at [email protected] if you think the proxy IDs/account numbers are not tagged correctly.

The high risk alert is generated based on information collected from scam reports and recorded in the Scameter of the Hong Kong Police Force. If you suspect a crime case has occurred, please report to the Hong Kong Police Force at a police station or via Hong Kong Police Force e-Report Centre.

No, it is not guaranteed. The high risk alert message will only be shown if the recipient’s FPS proxy ID/bank account number/SVF account number is included in the scam reports provided by the Hong Kong Police Force. If there has not been any report to the Police against a particular FPS proxy ID/bank account number/SVF account number, the proxy ID/account number will not be included in the high risk alert.

You are advised to always verify the payment details (including the recipient’s identity) of every single transaction before making payment.

The FPS proxy IDs/bank account number/SVF account number flagged as "High Risk" in Scameter and included in the high risk alert are based on information collected from scam reports provided by the Hong Kong Police Force. If there has not been any report to the Police against a particular FPS proxy ID/bank account number/SVF account number, the proxy ID/account number will not be included in the high risk alert.

The high risk alert is generated based on information collected from scam reports and recorded in the Scameter of the Hong Kong Police Force. Please visit the webpage of Scameter for more details.

According to the record provided by the Hong Kong Police Force, your FPS proxy ID/bank account number/SVF account number is related to a scam report. Please contact them at [email protected] if you think the FPS proxy ID/bank account number/SVF account number is not tagged correctly.

The high risk alert is generated based on information collected from scam reports provided by the Hong Kong Police Force and updated from time to time on a daily basis. Please check again that the recipient is trustworthy before you proceed with the transaction.

The FPS proxy ID/bank account number/SVF account number flagged as "High Risk" in Scameter and included in the high risk alert are based on information collected from scam reports provided by the Hong Kong Police Force. If there has not been any report to the Police against a particular proxy ID/account number, the proxy ID/account number will not be included in the high risk alert.

You can check from Scameter (cyberdefender.hk) to see if it is flagged as “High Risk”. When performing a transaction with use of FPS proxy ID (i.e. mobile number, email address, or FPS Identifier)/bank account/SVF account via DBS iBanking or DBS digibank HK app, a high risk alert message will be displayed for those FPS proxy IDs/bank accounts/SVF accounts flagged in the scam reports provided by the Hong Kong Police Force. You are advised not to make any transactions to the recipient unless you have carefully verified the recipient’s identity and ensure that the recipient is trustworthy.

If you suspect you have been scammed, you may visit a police station or the Hong Kong Police Force e-Report Centre to file a report. In tandem, please report the case to our Customer Services Hotline at (852) 2290 8888.

The FPS proxy IDs/bank account number/SVF account number flagged as "High Risk" in Scameter and included in the high risk alert are based on information collected from scam reports provided by the Hong Kong Police Force. If there has not been any report to the Police against a particular FPS proxy ID/account number, the proxy ID/account number will not be included in the high risk alert.

Yes, you can, but please be reminded that the transaction has high risk of fraud. You are advised to always verify the payment details (including the recipient’s identity) of every single transaction before making payment.

You can de-register mobile number/email address and deactivate PayFast at Transfer Settings via DBS digibank HK.

Please follow the below steps to de-register mobile number/email address and deactivate PayFast:

Step 1: De-register Mobile Number or Email Address

1. Login to DBS digibank HK, and select “Settings” under main Menu

2. Select “Transfer Settings”

3. Select Mobile Number or Email Address which is registered with PayFast (Mobile Number is registered as in below example)

4. Press recycle bin icon at the top right hand corner

5. Press “DEREGISTER”

6. De-registration completed, you will receive confirmation SMS.

Step 2: Deactivate PayFast

1. In “Transfer Settings” page, select “PayFast”

2. Press recycle bin icon at the top right hand corner

3. Press “DEACTIVATE”

4. Deactivation completed, you will receive confirmation SMS.