TNPSC Thervupettagam

Indian payment apps in Singapore

June 5 , 2018 2173 days 836 0
  • At the ‘Business, Innovation and Community’ Event at Singapore Indian Prime minister Modi has launched India’s BHIM, RuPay and SBI app.
  • India’s RuPay digital payments system was linked up with Network for Electronic Transfers (NETS).
  • RuPay users will be able to make payments at all NETS acceptance points across Singapore.
  • Also, a new app-based rupee remittance mode of the SBI's Singapore branch was launched at the event
  • Singapore branch of the SBI is the first to launch this new mode of remittance in collaboration with NPCI.

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