This linkage will allow users of either of the payment systems in the respective countries to make money transfers on a reciprocal basis without getting on-boarded on the other network, the Indian central bank said in a press release on Monday. The project is being targeted for operationalisation by July 2022, RBI said.source https://economictimes.indiatimes.com/industry/banking/finance/india-and-singapore-to-link-upi-and-paynow-to-foster-trade-travel-and-remittance/articleshow/86191932.cms
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