T Bank NQR/BHIM QR Code
Simplify Business with TBank NQR
Welcome to NQR/BHIM QR Code: Instant, Borderless Digital Payments
Join Bhutan’s digital revolution with T Bank’s National Quick Response (NQR) and BHIM QR Code solutions. Designed for merchants and businesses, these QR codes enable fast, secure, and contactless payments for local customers and Indian tourists alike. Embrace seamless transactions and elevate your business in Bhutan’s cashless economy.
- For Local Customers: Bhutanese residents can pay instantly using their bank’s mobile app.
- For Indian Tourists: Accept payments via BHIM UPI and PhonePe apps, enhancing convenience for travelers.
Documents Required
- Business License
- Merchant is CID .
- Passport-Size Photo of the business owner/authorized signatory.
Eligibility
- Businesses must hold an active T Bank account.
- Valid trade license
Key Features
- Instant Payments: Scan-and-pay in seconds.
- Multi-Bank Support: Works with all Bhutanese bank mobile apps.
- Cross-Border Compatibility: Accept payments from Indian tourists via BHIM UPI/PhonePe.
- Zero Hardware Costs: No POS terminal required – just display your QR code.
- Secure Transactions: Encrypted QR codes protect against fraud.
Fees & Charges
Transaction Type: Local (Bhutanese)
No additional charges (Subject to bank policies)
Transaction Type: Indian Tourists
0.9% on transactions ≤ ₹2,000; 1.2% on transactions > ₹2,000*
*Fees levied by NPCI (National Payments Corporation of India) and borne by the merchant.
How to Apply
1. Visit Your Nearest T Bank Branch: Collect the NQR/BHIM QR Code application form.
2. Submit Documents: Provide the required documents listed above.
3. QR Code Activation: Receive your personalized QR code within 5-7 working days.
FAQs
Can I use the same QR for local and tourist payments?
Yes! The NQR/BHIM QR code supports both Bhutanese and Indian payment apps.
Is internet required for QR payments?
- Yes – merchants and customers need an active internet connection.
