In Bhutan, BHIMUPI was launched. On the occasion, India’s Finance Minister stated that the Services have begun in Bhutan as part of India’s “neighbourhood first” policy.
Highlights:
BHIM UPI is one of the highlights of digital transactions in India during the COVID-19 pandemic and is also an achievement, having created more than 100 million UPI QRs in the past 5 years.
BHIM UPI processed 22 billion transactions worth Rs 41 lakh crore in 2020-21.
Bhutan is the first country to adopt UPI standards for QR deployment with this launch.
RuPay cards are also accepted in Bhutan, where they will be officially launched during Prime Minister Modi’s visit in 2019.
Therefore, Bhutan is also the only country that simultaneously issues and accepts RuPay cards and accepts BHIM-UPI.