Prime Minister Narendra Modi alongside along with his Bhutanese counterpart Lotay Tshering will on Friday launch RuPay card Phase-II that can enable Bhutanese card holders to entry RuPay community in India.
The prime ministers of the 2 international locations had collectively launched Phase-I of the venture throughout PM Modi’s state go to to Bhutan in August final yr.
The implementation of Phase-I of RuPay playing cards in Bhutan has enabled guests from India to entry ATMs and Point of Sale (PoS) terminals throughout Bhutan. Phase-II will now enable Bhutanese card holders to entry RuPay community in India, the Ministry of External Affairs stated in an announcement.
The RuPay card is an Indian debit and bank card cost community, with acceptance at ATMs, POS units and e-commerce web sites.
A digital ceremony for the joint launch of RuPay card Phase-II by Prime Minister Modi and Bhutanese Prime Minister Tshering might be held on November 20, the assertion stated.
India and Bhutan share a particular partnership, anchored in mutual understanding and respect, bolstered by a shared cultural heritage and robust individuals to individuals hyperlinks, the MEA stated.
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