Citi enables credit card spend on recurring, big-ticket items

Users can use PayAll for rent and education and earn rewards.

Citi is enabling customers in Singapore to use credit cards for recurring, non-discretionary and big-ticket items like rent and education through its PayAll service.

Users can also earn rewards and miles on their spend that would otherwise be typically done by bank or GIRO transfers. Customers need only select the credit card that will be accepted as payment for reach recipient. Before the payment due date, customers will be notified of a specified amount that has been charged which will later appear in the credit card statement along with a service fee.

Also read: Citi adds full Apple product suite to rewards redemption platform

The PayAll service will be progressively rolled out to Hong Kong, UAE and Thailand by end-2019. Since its beta launch in November 2018, the bank observed usage for the rent and education spend with average transactions of US$3,500.

Additional spend categories like taxes, electricity bills and condominium management fees will be introduced for Singapore customers in March.

Also Read

Vietnam’s debit card payments to reach $65.6b in 2028

Citi unveils real-time 24/7 liquidity mgmt solution in Thailand

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit