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HomeBankingDBS: Supports IRAS in Digital Payment Implementation

DBS: Supports IRAS in Digital Payment Implementation

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DBS: Supports IRAS in Digital Payment Implementation

  • DBS is a leading financial services group in Asia with a presence in 18 markets
  • The IRAS the largest revenue agency in Singapore responsible for the administration of taxes
  • DBS Bank collaborating with government agencies such as the IRAS to integrate APIs into the tax authority’s operating framework to digitalise payments
  • IRAS now offers PayNow QR as a payment option on its myTax portal for all major tax types, including Individual Income Tax
  • With PayNow QR implemented, taxpayers can enjoy a more seamless and convenient experience when making tax payments
  • DBS and IRAS have been working together over the last two years to digitalise payments across the tax authority’s various tax types

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