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A day after a real-time payments system linkage was established between India and Singapore using the UPI platform, State Bank of India on Wednesday announced a partnership with PayNow, the online payment system of the city state, for cross-border payments. The facility is offered through SBI’s Bhim SBIPay mobile application and the linkage will allow … Read more
In a push to make cross-border payments easy, India and Singapore have linked their respective digital payments systems, Unified Payments Interface (UPI) and PayNow. This collaboration will enable instant and low-cost fund transfers between the two nations. The linkage between the systems was announced by the Reserve Bank of India (RBI) Governor Shaktikanta Das and … Read more
Prime Minister Narendra Modi and Singaporean counterpart Lee Hsien Loong will witness the launch and linkage of cross-border connectivity between the Unified Payments Interface (UPI) of India and PayNow of Singapore on Tuesday. The linkage of these two payment systems of both countries would enable residents of both countries to the faster and more cost-efficient … Read more