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Tuesday, 21 February 2023

India, Singapore link digital payment systems

India and Singapore on Tuesday linked the Unified Payment Interface (UPI) network with Singapore’s PayNow, enabling instant fund transfers between users in both countries, at a much lower cost than going through banks. “The launch of UPI-Pay Now Link today is a much-awaited gift to the citizens of both countries. With this facility, a cheaper and real-time option for remittances between the two countries would be possible," said PM.

from Times of India https://ift.tt/2lGm9wU
https://ift.tt/C40VgH1
India and Singapore on Tuesday linked the Unified Payment Interface (UPI) network with Singapore’s PayNow, enabling instant fund transfers between users in both countries, at a much lower cost than going through banks. “The launch of UPI-Pay Now Link today is a much-awaited gift to the citizens of both countries. With this facility, a cheaper and real-time option for remittances between the two countries would be possible," said PM.
India and Singapore on Tuesday linked the Unified Payment Interface (UPI) network with Singapore’s PayNow, enabling instant fund transfers between users in both countries, at a much lower cost than going through banks. “The launch of UPI-Pay Now Link today is a much-awaited gift to the citizens of both countries. With this facility, a cheaper and real-time option for remittances between the two countries would be possible," said PM.
February 22, 2023 at 02:59AM

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