Saturday, June 28, 2025
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Bhutan and India launch cross-border QR code payment- BHIM App

July 13, 2021
in Uncategorized
Reading Time: 1 min read
0
0
SHARES
16
VIEWS
Share on FacebookShare on Twitter

Picture Courtesy: RMA

Transactions by scanning QR codes are gaining popularity in the country. According to the RMA, the cashless transaction has surged by three hundred per cent since July last year. Today most shops in the country have a QR code, and this is soon going to boost the preferred transactions once the borders reopen. The Royal Monetary Authority in collaboration with the National Payment Corporation of India launched the Bharat Interface for Money or BHIM App, today.

BHIM is a mobile app that enables instant cross-border transactions between banks in Bhutan and India.

Any hotel or shop can get a BHIM QR code from any bank in the country with which they have an account. Indian nationals using the BHIM app will scan the QR code and make cashless payments instantly for goods and services.

“It will also promote cashless transactions to enhance convenience and safety for customers and merchant businesses. It will support the expansion of business clients and help monitor the flow of transactions within the economy. It will increase transparency in business disclosure and as well as reduce the cost associated with printing of money,” said Finance Minister Namgay Tshering.

Lyonpo said the launch will deepen the economic and financial linkages between Bhutan and India.

After Singapore, Bhutan becomes the second country to have BHIM.

The launch is the continuation of the cross-border payment initiative announced during the launch of RuPay by Prime Minister Modi in 2019.

Sangay Chezom

Edited by Sonam

Previous Post

MoEA waits for government’s directives over mines and minerals

Next Post

Gelephu FC stretch winless streak to seven games- BPL

Next Post

Gelephu FC stretch winless streak to seven games- BPL

NI-TAG recommends mixing COVID vaccines for second jab

His Holiness the Je Khenpo appoints six new Lams

Please login to join discussion

RECOMMENDED NEWS

Trashigang without LPG supply for almost three weeks

Trashigang without LPG supply for almost three weeks

3 years ago
20
DGPC and Tata Power partner to develop 5,000 MW clean energy projects

DGPC and Tata Power partner to develop 5,000 MW clean energy projects

7 months ago
94
His Majesty graces Rinchen Terzoed Wang

His Majesty graces Rinchen Terzoed Wang

9 years ago
11

Suicide Prevention:noticing warning signs & identifying risks

6 years ago
6

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (439)
  • Announcement (179)
  • Audience Survey Report (1)
  • Business (759)
  • Crime/Legal (370)
  • Culture (48)
  • Development (57)
  • Disaster (57)
  • Economy (289)
  • Education (419)
  • Entertainment (16)
  • Environment (66)
  • Feature (65)
  • Featured (6)
  • Festival (81)
  • GMC (14)
  • Headlines (5)
  • Health (630)
  • Legal (53)
  • Literature (9)
  • Livestock (76)
  • Media (26)
  • Other Stories (5,687)
  • Politics (419)
  • RCSC (1)
  • Recent stories (6)
  • Religion (45)
  • Sci/Tech (712)
  • Social (548)
  • Sports (456)
  • Technology (191)
  • Tourism (22)
  • Uncategorized (13,868)
  • Video (141)
  • Video Story (257)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
  • Post-mortem confirms foul play: Progress in investigation of 24-year-old woman’s death

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • Lead exposure may be contributing to high anaemia levels among children in Bhutan
  • MoIT imposes moratorium on issuance of taxi driving licence
  • Book on temples and monasteries of Trongsa’s Drakteng wins Dzongkha Booker Prize
  • Shumar Cheden Tshephel Detshen becomes self-reliant with own milk processing unit
  • Fire risk from phones at fuel depot low but never non-existent

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.