India, Singapore to link UPI and PayNow for instant fund transfers - PRATEEK

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Tuesday, September 14, 2021

India, Singapore to link UPI and PayNow for instant fund transfers

India and Singapore will link their respective fast payment systems -- Unified Payments Interface (UPI) and PayNow -- to enable users to make instant, low-cost fund transfers on a reciprocal basis, the Reserve Bank said on Tuesday.

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