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India's Unified Payments Interface (UPI) and Singapore's PayNow have been linked for cross-border money transfers, RBI announced on February 21.
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India's Unified Payments Interface (UPI) and Singapore's PayNow have been linked for cross-border money transfers, RBI announced on February 21.
Foreign travellers will soon be able to load UPI-linked prepaid wallets with Indian Rupees and use the same to make payments at stores
To start with, this facility will be extended to travellers from the G20 countries, arriving at select international airports.
PhonePe's new international payments feature allows Indian users traveling abroad to pay foreign merchants using UPI in the local currency.
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