SINGAPORE -- Singapore on Tuesday launched a new digital payments connection with India, following similar plans made previously with Thailand and Malaysia as the Asian finance hub strives to become a regional nexus for transactions worth billions of dollars.
Finance
Singapore links digital payments with India after Thailand
Prime Ministers Lee and Modi laud connection of finance infrastructure
The new Singapore-India payment link is set up to allow real-time virtual transfers of money across borders in seconds, and has been billed as a means to reduce the cost and inefficiencies of remittances between both countries. © Reuters
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