Author: Bipasha.Das

Seeking knowledge and expertise in Mass Media with a major in Media Technologies. Identified for the ability of creative writing. Driven to work with organisations where my education and strength come in handy to meet and beat their goals.

India's UPI ties up with Singapore's PayNow at 11:00 am on Tuesday. - Asiana Times

India’s UPI ties up with Singapore’s PayNow at 11:00 am on Tuesday.

India

India and its neighbor, Singapore, launched a cross-border integrated online payment interface on Tuesday (21-02-2023). The integration is between the existing real-time Indian and Singaporean online payment systems UPI (Unified Payments Interface) and PayNow. The Prime Ministers of both countries, Narendra Modi and Lee Hsien Loong witnessed the launch of the online cross-border payment linkage through video conferencing. UPI ties up UPI-PayNow linkage was initiated through transactions by the RBI (Reserve Bank of India) and MAS (Monetary Authority of Singapore) at 11:00 am on Tuesday. The administrators of both institutions, governor Shaktikanta Das and Managing Director Ravi Menon, respectively, headed…

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