A digital payments link-up between Singapore’s PayNow and India’s Unified Payments Interface was launched in February 2023. Both countries facilitated a pilot shipment involving digital exchanges of bills of lading through the TradeTrust framework. Discussions are also ongoing on other initiatives such as increasing food trade between Singapore and India.
A digital payments link-up between Singapore’s PayNow and India’s Unified Payments Interface was launched in February 2023. Both countries facilitated a pilot shipment involving digital exchanges of bills of lading through the TradeTrust framework. Discussions are also ongoing on other initiatives such as increasing food trade between Singapore and India.
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