PM Modi To Launch Cross-Border Payment Linkage Connectivity With Singapore PM

PM Narendra Modi and Singapore PM Lee Hsien Loong will together launch cross-border connectivity between the Unified Payments Interface (UPI) of India and PayNow of Singapore. The launch will be held on February 21, virtually, connecting the payment mode of the two nations. Notably, RBI Governor Shaktikanta Das and Monetary Authority of Singapore (MAS) MD Ravi Menon will launch the cross-border connectivity, said Union Ministry of External Affairs.