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

Last updated: 20 September 2021
 Notice Date : 14 September 2021
Reserve Bank of India Date : Sep 14, 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.

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