Free Newsletter Get the hottest Fintech Singapore News once a month in your InboxThe real-time payments linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI) has officially gone live today. This 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. Meanwhile, India participants are Axis Bank, DBS India, ICICI Bank, Indian Bank, Indian Overseas Bank and State Bank of India. Liquid Group is the first non-bank financial institution to participate in Singapore’s cross-border real-time payment system linkage via its LiquidPay e-wallet. Indian customers of 4 banks – ICICI Bank, Indian Bank, Indian Overseas Bank and State Bank of India – will be able to receive funds through the service from the onset.