UPI-PayNow Linkage
Singapore's PayNow and India's UPI have been formally merged.
The integration of UPI and PayNow is a significant milestone that will enable frictionless cross-border transactions between the two nations.
The first nation with whom cross-border Person to Person (P2P) payment services have been launched in Singapore.
The UPI-PayNow collaboration is the first of its kind in the world to include cloud-based infrastructure and involvement from non-bank fin