TNPSC Thervupettagam

UPI tie-up with Singapore

February 25 , 2023 639 days 516 0
  • India’s Unified Payments Interface (UPI) and Singapore’s Pay Now were officially connected for a “real-time payment linkage”.
  • Singapore has now become the first country with which cross-border Person to Person (P2P) payment facilities have been launched.
  • This will help the Indian diaspora in Singapore, especially migrant workers/students and bring the benefits of digitalisation.

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