PM launches RuPay in Singapore

SINGAPORE: Prime Minister Narendra Modi on Thursday launched three Indian mobile payment apps at a business event in Singapore, a move aimed at internationalisation of the country’s digital payment platforms.

PM launches RuPay in Singapore

PM Narendra Modi and his Singaporean counterpart Lee Hsien Loong visit ‘India-Singapore Enterprise and Innovation Exhibitions’ at Marina Bay Sands Convention Centre in Singapore on Thursday. PTI

editorial@tribune.com

Singapore, May 31

Prime Minister Narendra Modi on Thursday launched three Indian mobile payment apps at a business event in Singapore, a move aimed at internationalisation of the country’s digital payment platforms.

At the ‘Business, Innovation and Community Event’ here where digital platform was the main theme, Modi launched India’s BHIM, RuPay and SBI app. “Touching lives of common people through innovation! PM @narendramodi launched three technologies — RuPay, Bhim App and UPI enabled remittance app by State Bank of India, Singapore,” MEA spokesperson Raveesh Kumar tweeted.

The RuPay digital payments system was linked up with Singapore’s 33-year-old Network for Electronic Transfers (NETS). RuPay users will be able to make payments at all NETS acceptance points across Singapore.

Holders of Singapore NETS will be able to make online purchases on the National Payments Corporation of India (NPCI) e-commerce merchant website, using 2.8 million RuPay point-of-sale terminals in India. — PTI

Top Stories

22 cases of Delta Plus variant of Covid found in Maharashtra, MP, Kerala: Centre

22 cases of Delta Plus variant of Covid found in Maharashtra, MP, Kerala: Centre

Not yet in the category of variant of concern

Bharat Biotech’s Covaxin shows 77.8% efficacy in Phase III trials

Bharat Biotech’s Covaxin shows 77.8% efficacy in Phase III trials

Govt expert panel accepts Covaxin phase-3 trial data

No need at the moment to change Covishield doses gap: Vaccine task force experts

No need at the moment to change Covishield doses gap: Vaccine task force experts

'Basic principle is that our people should get the maximum b...

SIT questions Parkash Singh Badal for 3 hours in Kotkapura firing case

SIT questions Parkash Singh Badal for 3 hours in Kotkapura firing case

Former Chief Minister was quizzed by a team lead by ADGP LK ...

NIA arrests 2 more accused linked to KLF in Balwinder Singh Sandhu murder case

NIA arrests 2 more accused linked to KLF in Balwinder Singh Sandhu murder case

NIA had earlier filed a charge sheet against eight accused p...

Cities

View All