[debono]

Process that require paper forms and used to take three to four weeks is now fully digital

A new nationalwide eGiro service that cuts the time taken to process Giro applications from weeks to just minutes was launched yesterday.

Instead of filling in paper application forms and mailing them, the fully digital service allows users to set up their automatic monthly payment instructions online, the Association of Banks in Singapore (ABS) said.

It was announced yesterday morning by Deputy Prime Minister Heng Swee Keat at the Singapore Fintech Festival x Singapore Week of Innovation and Technology 2021.

Introduced in 1984, Giro is an electronic direct debit system for recurring bill payments from bank accounts....

Part of an article found in today's The New Paper

[Huliwang]

Process that require paper forms and used to take three to four weeks is now fully digital

A new nationalwide eGiro service that cuts the time taken to process Giro applications from weeks to just minutes was launched yesterday.

Instead of filling in paper application forms and mailing them, the fully digital service allows users to set up their automatic monthly payment instructions online, the Association of Banks in Singapore (ABS) said.

It was announced yesterday morning by Deputy Prime Minister Heng Swee Keat at the Singapore Fintech Festival x Singapore Week of Innovation and Technology 2021.

Introduced in 1984, Giro is an electronic direct debit system for recurring bill payments from bank accounts....
Part of an article found in today's The New Paper

Did they explain how to do it like what apps to download?.....

[theold]

The payment is pay monthly or one time payment also can?

[debono]

The payment is pay monthly or one time payment also can?

I think it is one time payment........

[Huliwang]

I think it is one time payment........

One time payment what for use Giro? Can just pay with ibanking, paynow, etc.....

[debono]

One time payment what for use Giro? Can just pay with ibanking, paynow, etc.....

With Giro there is no hassle to pay your credit card bills, and we don't have to go to AXS machine to pay bills every time we get a bill....

[Huliwang]

With Giro there is no hassle to pay your credit card bills, and we don't have to go to AXS machine to pay bills every time we get a bill....

I know that and have been using giro for donkey years. The question is why you answer theOld this eGiro for one time payment only???.....

[theold]

Maybe can be used for Giro like phone bills. Last time there is this Wirecard or something like that.

[Huliwang]

Maybe can be used for Giro like phone bills. Last time there is this Wirecard or something like that.

The purpose of Giro is for paying recurring monthly or weekly bills like SP Power, etc. conveniently without the need to make payment arrangement every month when the bills come. 

If going to make just one time payment, there is no point to set up a giro payment just for that one particular payment. It is much more convenient to just do a few clicks on your phone and settled with PayNow or Paylah or iBanking....

[theold]

The purpose of Giro is for paying recurring monthly or weekly bills like SP Power, etc. conveniently without the need to make payment arrangement every month when the bills come. 

If going to make just one time payment, there is no point to set up a giro payment just for that one particular payment. It is much more convenient to just do a few clicks on your phone and settled with PayNow or Paylah or iBanking....

Hmmm ok.