India and Singapore to link UPI and PayNow to foster trade, travel and remittance
This linkage will allow users of either of the payment systems in the respective countries to make money transfers on a reciprocal basis without getting on-boarded on the other network, the Indian central bank said in a press release on Monday. The project is being targeted for operationalisation by July 2022, RBI said.
RBI cautions public against KYC updation fraudsThe regulator said that the usual modus operandi in such cases include receiving unsolicited calls, emails or messages from unidentified person, urging the customer to share personal detonate like account login, card or PIN information.
https://ift.tt/3ns9wOQ
Post a Comment