Why It Matters: Major boost as Singapore & India ink real-time payments agreement

Recently, the Monetary Authority of Singapore and the Reserve Bank of India launched the linkage between Singapore’s PayNow and India’s Unified Payments Interface. This cross-border development will enable customers of participating financial institutions in Singapore and India  to send and receive funds between bank accounts or e-wallets across the two countries in real-time. Jeremy Tan, CEO, Liquid Group shares his insights on what it means to be the first non-bank financial institution as a participant of the agreement as well as the benefits of this partnership.See omnystudio.com/listener for privacy information.