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Browsing: upi
The recent connection of Singapore’s Pay Now and India’s UPI was a significant milestone in the creation of cross-border digital payment.
The UPI linkage with Singapore’s PayNow for faster and cheaper cross-border fund transfers through mobile apps is a step in that direction.
Resident entities will now be able to hedge their gold price risk on recognised exchanges in the IFSC, giving these companies more flexibility to manage the price .
E-RUPI can be used to transfer funds from one wallet to another even when there is no internet connection.