Cross-Border Retail

Singapore and India Launch Cross-Border Retail Payment System with PayNow-UPI Linkage

Singapore and India have recently launched a cross-border retail payment system that connects PayNow, developed by the Association of Banks in Singapore, and the Unified Payments Interface (UPI) developed by the National Payments Corporation of India. This system allows retail customers to use the local payment system for real-time cross-border retail payments and remittances. This […]

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