India and Singapore to link their Fast Payment Systems - Unified Payments Interface and PayNow

Last updated: 19 September 2021

The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) announce a project to link their respective fast payment systems viz. Unified Payments Interface (UPI) and PayNow. The linkage is targeted for operationalisation by July 2022. The UPI-PayNow linkage will enable users of

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