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What is eGIRO? Understanding How eGIRO Makes Collections Easier Than Ever

When it comes to collecting and making payments, most of us would be familiar with the direct debit system of GIRO.  Since 1984, GIRO has been widely used by businesses, public institutions and government bodies to collect payments – whether recurring or one-off – from their customers.  However, in recent years, GIRO has seen its …

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GIRO for Businesses: What Is It and Why We Need An Electronic Version

When it comes to making recurring payments in Singapore, one of the most common ways to do so would be GIRO (General Interbank Recurring Order).  Such is its ubiquity, most Singaporeans would have had experience setting up a GIRO arrangement, whether it’s to pay for school fees, utility bills or Government dues.   But while GIRO …

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