TNPSC Thervupettagam

BHIM - Singapore FinTech Festival 2019

December 1 , 2019 1853 days 1104 0
  • A global pilot demo of BHIM UPI QR-based payments was highlighted at the Singapore FinTech Festival 2019.
  • This is the first time that BHIM app has gone international.
  • This QR code-based system would allow anyone with a BHIM app to scan the Singapore Quick Response Code (SGQR) at NETS terminals in Singapore for payments.
  • The project is being jointly developed by the National Payments Corporation of India (NPCI) and the Network for Electronic Transfers (NETS) of Singapore.

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