Indian travellers can now use the PhonePe app for instant, seamless, and secure payments across 8,000+ merchants in Singapore, enhancing their experience in the island city. The Singapore Tourism Board (STB) and PhonePe have entered a two-year MoU in this regard.
This collaboration builds upon the existing Unified Payments Interface (UPI) linkage between India and Singapore, which allows customers to instantly make cross-border transactions between the two countries directly from their existing Indian bank accounts.
As part of the partnership, STB and PhonePe will invest in joint marketing efforts across India and Singapore, to promote the destination’s vibrant offerings and seamless UPI experiences across key tourism hotspots.
Melissa Ow, Chief Executive of the Singapore Tourism Board, said: “By seamlessly integrating Singapore’s exceptional offerings into the digital realm, our goal is to streamline payments across the travellers’ experience and promote curated deals, from attractions and retail to dining and nightlife. This initiative reflects STB’s commitment to innovation and customer-centricity in the travel industry.”
Ritesh Pai, Chief Executive Officer, PhonePe, International Business for PhonePe Private Limited, said that partnering with STB will facilitate ease of transactions for PhonePe users who now can just pay directly from their existing bank account by scanning a QR code when visiting the island city.
