India and Bhutan complete two-way UPI payment link
Key facts
- EAM S. Jaishankar and Bhutan PM Tshering Tobgay launched the second phase of international UPI in Thimphu.
- Bhutanese citizens visiting India can now pay with UPI.
- With UPI already in use in Bhutan, this completes two-way UPI payment links.
- An MoU to extend the Nehru Wangchuck Scholarship Scheme was also exchanged.
Why it matters
[First] UPI is run by NPCI. Its spread abroad is a common exam theme. Bhutan is now linked both ways.
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