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| Source: DBS. DBS eGifts are now available for Eid. |
Said Jeremy Soo, MD and Head of Consumer Banking Group (Singapore), DBS Bank, “The season of Ramadhan and Hari Raya is an important time for the Muslim community to celebrate as well as strengthen bonds among families and loved ones. In these unprecedented times, we are heartened to see individuals and communities looking to alternative ways to mark this special occasion, in order to keep everyone safe. We hope that our Hari Raya-themed DBS eGifts will help keep the spirit of exchanging well wishes via green packets alive, as they celebrate within their family households.”
Customers simply need to use DBS PayLah!, a mobile payment platform with close to 1.8 million users, to send and receive a DBS eGift. To send an eGift, tap on the ‘Pay’ button on DBS PayLah!’s dashboard and toggle on the ‘Send as eGift’ function after entering the desired amount and message. Givers should check that they are sending the eGift to official mobile numbers used by recipients to register for DBS PayLah! and/or PayNow*. The eGift can also be sent to mark other occasions all-year round such as birthdays and weddings, as well as Mother’s Day on 10 May and Father’s Day on 21 June.
Till 20 June 2020, those who successfully send or receive a DBS eGift are eligible to participate in the DBS PayLah! eGift contest. The top 200 users every week who make qualifying transactions of at least S$2 per transaction in a week stand a chance to win a cash prize of S$18 each. A qualifying transaction is defined as a successful DBS PayLah! eGift transaction between a unique giver-receiver pair (i.e. multiple transactions between the same giver-receiver pair are counted as one transaction). Each qualified user may win the weekly cash prize once throughout the contest.
DBS was the first bank to launch the first digital red packet in Singapore in 2015. This year, DBS eGift drew over 16,000 new eGift users and saw an increase of 20% in total amounts transacted during Chinese New Year compared to last year.
*PayNow is a peer-to-peer funds transfer service available to retail customers of nine participating banks in Singapore, including DBS/POSB. Launched in July 2017, PayNow enables customers to instantly send and receive Singapore dollar funds from one bank to another in Singapore through Fast And Secure Transfers (FAST) by using their mobile number or Singapore ID. This allows senders to do away with the recipient’s bank and account number when transferring money.