Скачать или смотреть UPI-PayNow Linkage between India & Singapore | Cross Border Realtime Digital Payment System Benefits

UPI-PayNow Linkage between India & Singapore | Cross Border Realtime Digital Payment System Benefits

India’s real-time retail payment system Unified Payments Interface (UPI) was linked to its equivalent network in Singapore on Tuesday to enable faster remittances. The linkage was launched by Reserve Bank of India’s Governor Shaktikanta Das and the Monetary Authority of Singapore’s (MAS) Managing Director Ravi Menon in the presence of Prime Minister Narendra Modi and his Singapore counterpart Lee Hsien Loong.

Modi and Lee witnessed the launch of cross-border connectivity between the UPI and PayNow via video conferencing.

After the launch of the linkage of India and Singapore’s digital payments systems, UPI-PayNow, PM Narendra Modi said it is a new milestone in relations between the countries.

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