World

Bhutan & Binance Pay partner to launch world’s first national-level crypto tourism payment system

Bhutan is pioneering the future of travel by becoming the first nation to implement a national-level crypto payment system for tourism. Bhutan’s innovative mechanism allows travelers with Binance accounts to experience truly cashless journeys. In collaboration with Binance Pay and Bhutan’s fully digital DK Bank, this initiative offers travelers using Binance Pay a seamless, secure, and flexible end-to-end payment experience. More than 100 merchants are now live with DK Bank and Binance Pay. From booking flights to purchasing fresh fruit from roadside vendors, visitors can enjoy the convenience and efficiency of digital transactions throughout their journey.

This innovative model allows Binance Pay users to pay for nearly every part of their Bhutan journey using supported cryptocurrencies. This includes airline tickets to Bhutan, tourist visa and Sustainable Development Fee (SDF), hotel bookings, tour guides, monument entry fees, local shopping, and more — all settled quickly and securely through static and dynamic QR code payments.

Known as the “Kingdom of Happiness,” Bhutan prioritizes Gross National Happiness (GNH) over GDP, focusing on sustainability, cultural preservation, and societal well-being. This pioneering collaboration with Binance Pay and DK Bank furthers that vision by harnessing digital innovation to enhance travel experiences, empower local communities, and unite tradition with technology.

Key highlights:

  • Seamless Experience: Use crypto for all travel-related expenses, from flight tickets and visas to local purchases.
  • Tourism First: A fully integrated system across immigration, travel agents, hotels, guides, and retail.
  • Inclusive Reach: Enables small vendors in remote areas to accept QR code payments.
  • Powered by DK Bank: Supported by Bhutan’s first fully digital bank.
  • Lower Fees: Significantly cheaper than traditional payment methods, with 0 gas fees
  • Immediate Transactions: Seamless crypto-powered immediate transactions for tourists
  • Comprehensive Support: Accepts more than 100 cryptocurrencies, including BNB, BTC, USDC
  • Secure Transactions: Features encrypted transactions, 2FA, and real-time confirmations via the Binance application.

Show More

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button