The capability will be ready in 1Q2026, according to OCBC. Payments will be debited directly from customers’ OCBC Singapore accounts, eliminating the need to download and fund third-party apps or queue for currency exchange.
Oversea-Chinese Banking Corporation (OCBC) will become the first Singapore bank to enable customers to scan-and-pay all merchant QRs in mainland China through its Singapore mobile banking app.
This stems from an expanded partnership with UnionPay International, formalised on Nov 28 in Shanghai. According to a Dec 1 announcement, the partnership leverages NETS infrastructure to support payments to merchants that accept Weixin Pay (WeChat Pay), complementing the OCBC app’s existing ability to scan and pay Alipay+ and UnionPay merchant QR codes.
