Without scrapping the tradition of handing them out physically to loved ones and relatives, the QR Ang Bao retained the element of an in-person exchange while making the process more secure by going cashless.
After seeing the interest it gained with over $1.5 million loaded during the Chinese New Year period, DBS is renaming it ‘QR Gift’ and bringing it back for the upcoming celebration of Hari Raya Aidilfitri.
Similarly, DBS hopes people will spend less time queueing to withdraw money and organising their cash into green packets, and free up this time to be spent with family instead.
“With DBS QR Gift, we hope to bring ease and convenience to our Muslim customers during this busy period, so they have more time to enjoy the festive season with their loved ones,” said DBS Managing Director and Head of Consumer Banking Group (Singapore), Jeremy Soo.
How To Get And Use Your QR Gift Packets
Using the QR Gift green packets is really simple. Pretty much all you need is to be a DBS PayLah! user.
To prepare a green packet, scan the unique QR code to load an amount of up to $999 cash value onto the QR Gift.
Your recipient can then collect their duit raya by scanning the QR code with their DBS PayLah! app as well.
From 18 May 2019, DBS QR Gift green packets can be redeemed from DBS/POSB branches islandwide, or DBS Treasures Centres.
Customers will receive two sets at collection, but as there are only a limited quantity of QR Gift cards, it will be subject to availability.
The QR Gifts given out will be valid for use from 18 May to 2 August 2019, and all funds that are not redeemed by 2 August will be credited back to givers by 3 August.
Stand To Win Up To $8,888
Sending or receiving QR Gifts this holiday season will make you eligible to participate in DBS’ QR Gift Contest.
On top of that, you can also take part by using DBS PayLah! eAng Bao if you can’t get your hands on the QR Gifts.
From 5 June to 4 July, daily prizes of $188 will be awarded to five customers with the highest number of qualifying transactions at the end of each day.
One customer who clocks the highest total number of qualifying transactions between 1 June to 4 July will be awarded with a grand prize of $8,888.
But be sure to take note that each qualifying transaction has to be between a unique giver-receiver pair.
That means multiple transactions with the same person will still be counted as one transaction.
To find out more about how you can use DBS QR Gift, click here.