“FROM mid-2021, users of Singapore’s PayNow and Thailand’s equivalent PromptPay will be able to send money instantly and securely across the two countries with their mobile phone numbers at “competitive rates”, said Ravi Menon, managing director of the Monetary Authority of Singapore (MAS). This linkage between two countries’ national faster payment systems will be the first of its kind in the world, noted Mr Menon on the second day of the Singapore Fintech Festival x Singapore Week of Innovation and TeCHnology.”