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Prime Ministers of India and Singapore witness launch of UPI-PayNow digital payments systems

Published By : Admin | February 21, 2023 | 11:00 IST
UPI PayNow Linkage will make Cross Border Remittances Easy, Cost-Effective and Real Time
Governor, RBI and MD, MAS make the first cross-border transaction between India and Singapore

Prime Minister Shri Narendra Modi and Prime Minister of Singapore, Mr. Lee Hsien Loong participated in the virtual launch of real time payment linkage between the Unified Payments Interface (UPI) of India and PayNow of Singapore. Shri Shaktikanta Das, Governor of Reserve Bank of India and Mr. Ravi Menon, Managing Director, Monetary Authority of Singapore made live cross-border transactions to each other using their respective mobile phones.

Singapore is the first country with which cross border Person to Person (P2P) payment facility has been launched. This will help the Indian diaspora in Singapore, especially migrant workers/students and bring the benefits of digitalisation and FINTECH to the common man through instantaneous and low-cost transfer of money from Singapore to India and vice-versa. Acceptance of UPI payments through QR codes is already available in selected merchant outlets in Singapore.

The virtual launch was preceded by a phone call between the two Prime Ministers, wherein discussions were held on areas of mutual interest. Prime Minister thanked Prime Minister Lee for his partnership in taking the India-Singapore relationship forward and looked forward to working with him under India’s G20 Presidency.

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PM to visit Karnataka on 15th April
April 14, 2026
PM to inaugurate Sri Guru Bhairavaikya Mandira at Sri Kshetra Adichunchanagiri in Mandya
Sri Guru Bhairavaikya Mandira is a memorial dedicated to Sri Sri Sri Dr. Balagangadharanatha Mahaswamiji, the 71st Pontiff of Sri Adichunchanagiri Mahasamsthana Math
PM to also jointly release the book titled “Saundarya Lahari and Shiva Mahimna Stotram” along with former Prime Minister Shri H. D. Deve Gowda ji

Prime Minister, Shri Narendra Modi will visit Karnataka on 15th April 2026. At around 11 AM, Prime Minister will inaugurate the Sri Guru Bhairavaikya Mandira at Sri Kshetra Adichunchanagiri in Mandya district. He will also address the gathering on the occasion.

During the visit, Prime Minister will also jointly release the book titled “Saundarya Lahari and Shiva Mahimna Stotram” along with former Prime Minister Shri H. D. Deve Gowda ji.

Sri Guru Bhairavaikya Mandira is a memorial dedicated to the revered seer, Sri Sri Sri Dr. Balagangadharanatha Mahaswamiji, the 71st Pontiff of Sri Adichunchanagiri Mahasamsthana Math. Constructed in the traditional Dravidian architectural style, the Mandira stands as a tribute to the life and legacy of the late seer. The Mandira is envisioned not only as a place of reverence but also as a source of inspiration for future generations.

Sri Sri Sri Dr. Balagangadharanatha Mahaswamiji was widely respected for his lifelong commitment to social service, having established numerous educational institutions and healthcare facilities. He firmly believed that service to society is the highest form of worship, and his teachings transcended barriers of caste, creed, and region, inspiring millions.