Singapore Life is said to have resolved the issue of mismatching premiums and policy numbers with the introduction of its new embedded QR code. Dubbed the scan-and-pay Singapore Life-DBS PayNow QR code, it has been developed via a collaboration between the insurer and local bank DBS for customers across life and term insurance, critical illness and endowment plans verticals. To date, over S$11m ($8.09m) of premiums have been transacted via this feature