KP Sharma

To offer access to Visa’s payment solutions, Bhutan National Bank (BNB) and Tashi Bank (T Bank) announced their partnership as an official Visa associate on June 9.

This collaboration is aimed to enable customers to make their transactions secure and convenient. 

A press release from BNB stated that this collaboration was a milestone in broadening the reach of Visa’s payment solutions and delivering improved financial services to customers. “Through this partnership, T Bank will have access to various Visa payment solutions, thereby offering its customers more convenient and flexible financial transactions.”

Sonam Tobgay, Chief Executive Officer of BNB said that the partnership underlines the bank’s dedication to staying at the forefront of the industry by providing customers with the most innovative and secure financial solutions available.

“By combining Visa’s global reach with T Bank’s commitment to customer-centric services, we are confident that we can deliver an exceptional banking experience to all customers.”

Chief Executive Officer of T Bank, Pema Tshering said with this partnership, T Bank would also launch the Visa debit/credit cards by July 2023 as it completes all the required formalities with Visa global network.

Pema Tshering said that these developments would ease the process of payment which would be secured by the latest technology-embedded contactless cards and contribute to the nation’s digitisation drive in its own way.