Saturday, June 7, 2025
  • 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

Rainfall likely over southern part during weekends- NCHM

Rainfall likely over southern part during weekends- NCHM

4 years ago
1
Peltari chiwog in Punakha in need of community Lhakhang

Peltari chiwog in Punakha in need of community Lhakhang

3 years ago
3

Gelephu-Zhemgang highway blocked

15 years ago
2
Bhutanese Karate team secures 21 medals at first Sikkim Open International Karate Championship 2025

Bhutanese Karate team secures 21 medals at first Sikkim Open International Karate Championship 2025

4 months ago
854

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (426)
  • Announcement (174)
  • Audience Survey Report (1)
  • Business (744)
  • Crime/Legal (367)
  • Culture (47)
  • Development (51)
  • Disaster (57)
  • Economy (277)
  • Education (412)
  • Entertainment (13)
  • Environment (60)
  • Feature (65)
  • Featured (6)
  • Festival (78)
  • GMC (14)
  • Headlines (6)
  • Health (622)
  • Legal (52)
  • Literature (9)
  • Livestock (75)
  • Media (25)
  • Other Stories (5,574)
  • Politics (419)
  • RCSC (1)
  • Recent stories (5)
  • Religion (45)
  • Sci/Tech (709)
  • Social (515)
  • Sports (449)
  • Technology (190)
  • Tourism (19)
  • Uncategorized (13,866)
  • Video (136)
  • Video Story (249)
  • 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
  • Newspaper accuses DPT candidate of political ploy

    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
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

  • RMA to roll out seven new measures for loan repayment support
  • National Housing Strategy to be ready by September
  • Bhutan begins NFT sales, to preserve heritage
  • City bus viability raised in parliament, MoIT minister cites past privatisation failures
  • Paro MP questions airport expansion impact on affected landowners

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
  • 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.