Tue, Feb 28, 2023
Experts from the fintech sector suggest that will also help in boosting trade and investment between India and Singapore as businesses can now transact with each other more efficiently.
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Tue, Feb 21, 2023
Prime Minister Narendra Modi and Singapore PM Lee Hsien Loong have launched the cross-border connectivity between India's Unified Payments Interface (UPI) and Singapore's Penau." Linkage of Unified Payments Interface (UPI) and PayNow is a new milestone in India-Singapore relations," PM Modi said.
Prime Minister Narendra Modi and Singapore PM Lee Hsien Loong have launched the cross-border connectivity between India's Unified Payments Interface (UPI) and Singapore's Penau." In today's era, technology connects us to each other in several ways. Fintech is a sector that connects people to each other. Normally, it is confined within the boundaries of one country. But today's launch has started a new chapter of cross-border Fintech connectivity,” added Modi at the virtual launch.Singapore, especially migrant workers and students through instantaneous and low-cost transfer of money from Singapore to India and vice-versa.
Prime Minister Narendra Modi and Singapore Prime Minister Lee Hsien Loong virtually witnessed the launch of cross-border connectivity.
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