GUWAHATI: Good news for travellers and traders of India and Bhutan. From Tuesday, 13 July, Bhutan has started accepting the BHIM-UPI standards for its quick response (QR) code. This will enhance the ease of living and ease of travelling through cashless transactions at the touch of a button.
A virtual launch of BHIM-UPI in Bhutan was attended by Union Minister for Finance, Nirmala Sitharaman and Finance Minister of Bhutan Lynpo Namgay Tshering. The Indian Finance Minister also made a Live transaction using BHIM-UPI to purchase an organic product from a Bhutanese OGOP outlet, which sells fresh farm produce made organically by local communities in Bhutan.
Bhutan is the first country to adopt UPI standards for its QR deployment, and the first country in our immediate neighbourhood to accept mobile based payments through the BHIM App. This launch fulfils the commitment made by the two countries during Prime Minister Narendra Modi’s state visit to Bhutan in 2019.
With the launch of BHIM-UPI in Bhutan, the payment infrastructures of the two countries are seamlessly connected and will benefit a large number of tourists and businessmen from India who travel to Bhutan each year.