Singapore real-time payments

SG, India enable real-time cross-border payments

This is possible with the linkage of PayNow and India’s Unified Payments Interface.

SG, India enable real-time cross-border payments

This is possible with the linkage of PayNow and India’s Unified Payments Interface.

Real-time payments to boost SG's GDP by $793.2m in 2026

In 2021, total transactions facilitated $483.1m of additional economic output.

Singapore, Malaysia to link real-time payment systems PayNow, DuitNow

Remittances between the two countries reached S$1.3b in 2020.

Real-time payment trumps cash, credit in payment method in Singapore 

Real time payment methods such as PayNow, DBS PayLah, and OCBC Pay Anyone has risen in popularity.