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Finance Minister Smt Nirmala Sitharaman and Finance Minister of Bhutan Mr Lyonpo Namgay Tshering jointly launch BHIM-UPI in Bhutan Launch fulfils the commitment made by two countries during Prime Minister of Indias State visit to Bhutan in 2019 Union Minister of Finance Corporate Affairs Smt. Nirmala Sitharaman, along with her counterpart, the Honble Finance Minister of Bhutan, Mr Lyonpo Namgay Tshering, jointly launched BHIMUPI in Bhutan today afternoon in a virtual ceremony. The functio
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FAQ :
BHIM-UPI was jointly launched in Bhutan by India's Finance Minister Smt Nirmala Sitharaman and Bhutan's Finance Minister Mr Lyonpo Namgay Tshering.
BHIM-UPI was launched in Bhutan in a virtual ceremony.
The launch fulfils a commitment made by both countries during the Indian Prime Minister's State visit to Bhutan in 2019 and aims to enhance ease of living and travelling through cashless transactions for tourists and businessmen.
Bhutan is the first country to adopt UPI standards for its QR deployment and the first in its immediate neighbourhood to accept mobile-based payments through the BHIM App.
Following the 2019 visit, India and Bhutan already enabled inter-operability for RuPay cards, allowing acceptance in each other's countries.
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