A pilot demo of BHIM UPI QR-based payments began on Wednesday via a live transaction at a merchant terminal at the ongoing Singapore FinTech Festival 2019, the payment system’s first approach to the international market. The demo will continue, which started on November 11 and would end on Nov 15. This QR code-based system would allow anyone with a BHIM app to scan the SGQR at NETS terminals for payments in Singapore. “This is the first time that BHIM app has gone international,” said Indian High Commissioner to Singapore Jawed Ashraf, who launched the live demo. The project is being jointly developed by the National Payments Corporation of India and Network for Electronic Transfers of Singapore. It is targeted to go live by February 2020, said the High Commission. “This is another achievement for fintech cooperation between India and Singapore, after the launch of RuPay International card and SBI remittance app, last year by PM Narendra Modi,” said Ashraf.