Payments

Indian Travellers Can Now Pay Using QR Codes via PhonePe at Singapore Merchants

The Singapore Tourism Board (STB) has entered into a two-year strategic partnership with Indian digital payments company PhonePe in a bid to boost the convenience of Indian travellers.

This collaboration builds upon the existing Unified Payments Interface (UPI) linkage between India and Singapore, which went live in February 2023.

This partnership, the first of its kind between a national tourist board and a UPI payment platform, is set to enable Indian tourists to conduct seamless cross-border payments directly from their Indian bank accounts.

Alongside, the two bodies will engage in joint marketing endeavors in both countries to showcase Singapore’s diverse cultural attractions and the convenience of using UPI payments.

Indian travelers will benefit significantly from this collaboration, as they can now use the PhonePe app for instant, seamless, and secure transactions across more than 8,000 merchants in Singapore.

This development is aimed at enriching their travel experience in the island city, making shopping, dining, and exploring various attractions more accessible.

Melissa Ow

Melissa Ow, Chief Executive, Singapore Tourism Board said,

“We are excited to announce our alliance with PhonePe, a leading Fintech player in India. This partnership exemplifies our dedication to enhancing the Singapore visitor experience for discerning, tech-savvy consumers.

By seamlessly integrating Singapore’s exceptional offerings into the digital realm, our goal is to streamline payments across the traveller’s 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

Ritesh Pai, Chief Executive Officer, PhonePe, International Business for PhonePe Private Limited, said,

“Singapore is a dynamic destination with unique offerings that are well appreciated and celebrated among Indian travellers.

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.”

Featured image credit: Edited from Freepik