Collecting membership fees in Singapore: PayNow vs GIRO vs card

Which payment method suits which kind of organisation.

Comparison

MethodBest forWatch out for
PayNow QRAnnual fees, events, one-off paymentsNeeds matching to members; members must remember to pay
GIROMonthly or quarterly recurring duesBank forms, set-up lead time, rejected deductions
Credit / debit cardOnline joining and auto-renewalCard processing fees

Our recommendation

Offer PayNow for convenience and GIRO or card for recurring fees. Use software that reconciles all three to the member automatically. See payments features.

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