India’s UPI (Unified Payments Interface) has now gone global, with the official linkage between UPI and Singapore’s PayNow. This development is pathbreaking, especially when viewed in light of Singapore being one of India’s most significant business partners. Each year, the two countries process payments and remittances worth more than $1 billion. Singapore also boasts one of the highest GDP per capita in the world. And Indian diaspora makes up almost 9% of the total population of Singapore.