<h1>India and Bhutan Launch BHIM UPI Payment System, Boosting Cashless Transactions and Strengthening Digital Ties.</h1> The Finance Ministers of India and Bhutan jointly launched the BHIM UPI payment system in Bhutan, fulfilling a commitment made during the Indian Prime Minister's 2019 visit to Bhutan. This initiative strengthens the digital payment infrastructure between the two countries, enhancing cashless transactions for tourists and businesses. The launch is part of India's 'neighborhood first' policy and follows the successful interoperability of RuPay cards between the nations. The ceremony included a live transaction by India's Finance Minister, demonstrating the system's functionality. Bhutan is the first neighboring country to adopt UPI standards for QR deployment and mobile payments via the BHIM app.