You can now seamlessly perform instant fund transfers to someone in Singapore. All you need is the recipient’s mobile number or Virtual Payment Address.
In October, Unified Payments Interface (UPI) transactions hit a record value of Rs 17.16 trillion, marking a 9% increase from September's Rs 15.8 trillion. This surge also extended to the volume of transactions, reaching a new high of 11.41 billion, up 8% from 10.56 billion in September.
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