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UPI: India, Singapore digital payment link clocking 100 transactions per day

On February 21, India and Singapore launched the real-term linkage between the UPI and PayNow to facilitate instant and cost-effective cross-border fund transfers. Money transfers can be made from India to Singapore using mobile numbers and from Singapore to India using virtual payment addresses.
Saudi Arabia United Kingdom Hong Kong T Rabi Sankar National Financial Bank India

UPI: India, Singapore digital payment link clocking 100 transactions per day, ET Telecom

On February 21, India and Singapore launched the real-term linkage between the UPI and PayNow to facilitate instant and cost-effective cross-border fund transfers. Money transfers can be made from India to Singapore using mobile numbers and from Singapore to India using virtual payment addresses.
Saudi Arabia Hong Kong United Kingdom T Rabi Sankar Immediate Payment Service Bank Singapore

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GLN International: Sole Korean Participant in Singapore's National QR Payment Proof of Concept (SGQR+ POC)

GLN International Inc, a subsidiary of Hana Bank, is pleased to announce its participation as a Korean payment scheme in the SGQR+ POC (Proof of Concept, spearheaded by the Monetary Authority of Singapore (MAS). This milestone has been made possible through our valued partner, Liquid Group from Singapore.
Singapore General Association Of Banks Hana Bank Monetary Authority Of Singapore Kookmin Bank Singapore Fintech Festival
Source: yahoo.com

As October sets a record for UPI transactions, where else in the world can you use it?

In October, Unified Payments Interface (UPI) transactions hit a record value of Rs 17.16 trillion, marking a 9% increase from September's Rs 15.8 trillion. This surge also extended to the volume of transactions, reaching a new high of 11.41 billion, up 8% from 10.56 billion in September.
United Kingdom Ravi Shankar Prasad Merchantrade Asia Sdn Lyonpo Namgay Tshering Narendra Modi Indian Bank
Source: dailyo.in

Selected merchants can access multiple QR code payment schemes with one sign-up under MAS trial

Singapore News - Some merchants will soon find it easier to sign up for cashless payment schemes, while consumers will have more payment options by scanning a single QR code. From Wednesday, selected merchants need only to sign up with a single financial institution to accept payments from... Read more at www.tnp.sg
Singapore General James Fong Sopnendu Mohanty Lawrence Chan Mervyn Lee Nanyang Polytechnic Singapore Institute Of Retail

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