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Payments glossary · Singapore

Dynamic PayNow

A PayNow QR generated per sale, carrying the exact amount, with a payment-success notification back to the merchant. That is the whole difference from a static sticker, and it is the difference between a payment the till confirms and a payment a staff member confirms by looking at a screenshot.

Why it matters to a merchant

The version that removes the two failure modes a counter actually suffers: the customer typing the wrong amount, and nobody knowing whether the payment landed. That is why it is a payments decision rather than a signage decision — the code is the same idea in both forms, and only one of them closes the sale without a staff member checking a phone.

Read more: Dynamic PayNow, static PayNow and SGQR: what a merchant needs to know

Where this comes up

Pages on this site that deal with this in context:

Related terms

In this section: The methods themselves

Last updated: 2026-08-03

Written by the Uniweb Pay team, Singapore. Licence details are checked against the MAS Financial Institutions Directory, which is the authoritative source — where anything here disagrees with the register, the register wins.