After Singapore, Bhutan adopts India’s BHIM-UPI

Topics Covered:  Indigenization of technology and developing new technology.  After Singapore, Bhutan adopts India’s BHIM-UPI:  Context:  Bhutan has become the first country to adopt India’s Unified Payment Interface (UPI) standards for its quick response (QR) code. It is also the second country after Singapore to have BHIM-UPI acceptance at merchant locations.  Bhutan will also become …