Set up with OCBC
RedeemSG is currently integrated with OCBC to handle the automatic payouts for merchants. Funds will be deducted from the agencies' bank account at the end of each day to each merchant, based on the voucher amount scanned by the merchants the same day.
Procuring OCBC API access
As a new agency, you will have to first reach out to RedeemSG to indicate your interest. We will then advise you on setting up the necessary OCBC services required to onboard RedeemSG. General steps outlined below for reference.
Email template |
---|
To: GohHH2@ocbc.com Subject: [For OCBC] Request for API Access for RedeemSG Dear Hui Hui, I am {name} from {organisation}. We are looking to set-up a OCBC bank account and API access to be used for our upcoming voucher scheme with RedeemSG. Our scheme is {agency to briefly introduce the scheme and objectives}. Details of the scheme as follows:
Would your team be free for a call to chat about the set-up process and contracting? Thank you, {name} |
Estimated charges involved
Agency will need to procure the services required by OCBC directly. Exact pricing details will be provided by OCBC during the contracting period.
Upon launch, there will also be per transaction fees (charged per payout to merchants). The following illustration covers how the per transaction fees are charged.
Last updated