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NPCI expands UPI corridor
Orissa POST
|July 17, 2025
NPCI has expanded the UPI-PayNow international remittance service with 13 new banks. This enhancement allows customers of these banks to send real-time cross-border remittances to Singapore via UPI
NPCI International Payments Wednesday said it has enhanced the UPI-PayNow real-time payment linkage between India and Singapore by adding 13 more Indian banks.
The expanded network for remittances to India now includes 19 banks.
"With this development, which will go live July 17, 2025, users in both countries can remit funds to a wider base, making the service more accessible and convenient," NPCI International Payments Limited (NIPL) said in a release.
NIPL is the international arm of National Payments Corporation of India (NPCI).
The UPI-PayNow service was launched as a joint initiative between the Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS).
This story is from the July 17, 2025 edition of Orissa POST.
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