New Delhi, July 13
Union Finance Minister Nirmala Sitharaman along with her Bhutanese counterpart Lyonpo Namgay Tshering jointly launched BHIM-UPI in Bhutan in a virtual ceremony on Tuesday.
With the launch in Bhutan, the payment infrastructures of the two countries are seamlessly connected and will benefit tourists and businessmen from India who travel to Bhutan. This will enhance the ease of living and travelling through cashless transactions.
Sitharaman made a live transaction using BHIM-UPI to purchase an organic product from a Bhutanese outlet, which sells fresh farm produce made organically by local communities.
She said the services have started in Bhutan under India’s “Neighbourhood First” policy. She described BHIM UPI as one of the brightest in facilitating digital transactions in India during the pandemic. — TNS
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