Travellers and residents in Singapore can now use DBS Remit to fund Weixin Pay wallets globally, enhancing cross-border payment options. This development follows the initial launch in February 2026, allowing users to transfer funds directly to Weixin accounts verified by Chinese, Hong Kong, and Macau identification documents.
Since the February launch, DBS Remit has experienced significant growth, with the number of customers using the service quadrupling and transaction volumes increasing eightfold. The average transaction size has risen to over S$800, indicating growing customer confidence in using DBS Remit for everyday payments in China.
P’ing Lim, Regional Head of Ecosystems & Cross Border Payments at DBS Bank, highlighted the importance of seamless payment integration, stating, “Consumers today no longer view payments in isolation, especially in China, where digital wallet apps are ubiquitous and deeply woven into everyday life.”
The new feature not only facilitates payments but also extends to services such as transport bookings and food ordering, reducing transaction fees typically associated with credit card payments. By funding digital wallets directly through DBS Remit, users can avoid additional platform fees.
DBS continues to strengthen its cross-border payments ecosystem, reflecting rising consumer demand for intuitive payment experiences across Asia. The bank is seeing strong growth in regional scan-to-pay and cross-border payment linkages in markets like India, Indonesia, Malaysia, and Thailand. This expansion underscores DBS’s commitment to supporting customers’ evolving payment needs across interconnected digital ecosystems in Asia.
