Bhutan strengthens relations with India through payment co-ordination
New proposals will limit the number of tourists having to bring cash into the countries
The Royal Monetary Authority of Bhutan will strengthen its relations with neighbouring India in 2019, through co-ordination between the country’s two payment systems.
According to the central bank’s annual report, a new payment switch will allow Indian tourists to access more than 231 ATMs and 759 point-of-sale terminals located within Bhutan.
“This will benefit the country in earning Indian rupees by stimulating digital purchasing power to acquire transactions of the tourists/travellers from
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