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India, Singapore to link UPI with PayNow for instant cross-border transfers by July 2022
RBI and Monetary Authority of Singapore are connecting UPI with Singapore's PayNow to enable instant, low-cost cross-border fund transfers. Users can transact reciprocally without onboarding to the other system, with operationalisation targeted for July 2022.
Moneycontrol · News Web · 5/31/2026, 3:06:29 AM