Which one is the fast payment system of Singapore with which RBI has linked its

Question

Which one is the fast payment system of Singapore with which RBI has linked its Unified Payments Interface (UPI)?

Options:

A . PayWay

B . PayNow

C . PayOut

D . PayPal

Answer: Option B

Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) have announced a project under which the two central banks will link their respective fast payment systems viz, Unified Payments Interface (UPI) and PayNow.

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