The linkage is targeted for operationalisation by July next year.

India, Singapore to link UPI, PayNow for faster payments

Sep 14, 2021

New Delhi [India], September 14 : The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) have announced a project to...
High Commissioner of India to Singapore P Kumaran (Image Source: MEA website)

Soon money transfers between India-Singapore using UPI: Indian envoy

Nov 11, 2022

India and Singapore have completed technical preparations to link their fast payment systems UPI and PayNow to enable fund transfers between the two countries...
Minister of Trade and Industry Singapore Gan Kim Yong (Image: ANI)

Interested in exploring collaboration with Indian IT, fintech sector: Singapore trade minister

Mar 13, 2023

In what is a first-of-its-kind collaboration with another country, India and Singapore last month linked their respective online payments systems -- Unified Payments Interface...

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