Credit Card Woes in Bhutan

With the Bhutanese handicraft generating a lot of revenue besides maintaining the country’s unique culture and tradition, the need for an electronic payment network, managing payments among financial institutions, merchants, consumers, businesses and government entities is rising.

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Global Recession Effect Bhutanese Tourism

With the global economic recession showing no signs of slowing down and countries like USA and Japan worst hit, the Bhutanese tourism industry has seen its tourist arrivals drop by more than 30 percent in just under a year.