“India and Bhutan have announced a new cross-border remittance initiative that will link India’s Unified Payments Interface (UPI) with Bhutan’s postal network through the Universal Postal Union (UPU) PosTransfer system.”
“The MoU covers cooperation in postal operations, technology development, capacity building, logistics connectivity, philately, and knowledge exchange.”
“India further expressed its willingness to share experience and knowledge in postal financial services, particularly on how postal networks can support financial inclusion by channelising public savings and providing accessible financial services to communities.”
“The announcement comes amid a broader push to take UPI global.”
“Earlier this year, it was confirmed that India’s UPI will launch on a trial basis in Japan during fiscal year 2026, enabling Indian tourists to make direct-bank-account QR code payments in partnership with Japan’s NTT DATA.”
https://www.electronicpaymentsinternational.com/news/india-bhutan-upi-postal-remittances/