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NIPL Partners with FOMO Pay to Enable UPI QR Payments at Merchants in Singapore

10 September 2026National

NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India, partnered with FOMO Pay, a Singapore-headquartered payment institution, in September 2026 to enable UPI QR code acceptance at Singapore merchants. Resorts World Sentosa is among the first merchant partners. Indian travellers can pay in rupees through UPI apps while Singapore merchants are settled in Singapore dollars. NIPL, incorporated on 3 April 2020 and headquartered in Mumbai, is a wholly owned NPCI subsidiary responsible for the global deployment of UPI and RuPay. The tie-up builds on the existing India-Singapore UPI-PayNow linkage.

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NPCI was set up in 2008 as a not-for-profit umbrella entity for retail payments, promoted by the RBI and the Indian Banks' Association | UPI was launched in 2016; the UPI-PayNow cross-border linkage with Singapore went live in February 2023 | Singapore's currency is the Singapore dollar and its central bank is the Monetary Authority of Singapore

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