Indian UPI System and Singapore PayNow is Linked

On Monday, to make the International UPI concept successful, the first step was taken by the Indian and Singapore governments. Both the representatives from the respective countries, RBI Governor Shaktikanta Das, and Ravi Menon, MD of the Monetary Authority of Singapore launched the linkage at 11 am. Furthermore, PM Narendra Modi and the PM of Singapore, Lee Hsien Loong attended the launch through virtual channels.