Modi, Bhutanese PM Jointly Launch RuPay Card Phase-II

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Prime Minister Narendra Modi and his Bhutanese counterpart jointly launch phase two of the RuPay card in Bhutan, via videoconference, in New Delhi

Photo PTI



Modi and Bhutanese Prime Minister jointly launch RuPay Phase-II card



outlookindia.com

2020-11-20T13: 30: 33 + 05: 30

Prime Minister Narendra Modi and his Bhutanese counterpart Lotay Tshering on Friday launched the RuPay Phase-II card which will allow Bhutanese card holders to access the RuPay network in India.

The prime ministers of the two countries jointly launched Phase I of the project during Modi’s state visit to Bhutan in August last year.

In his videoconference speech, Modi referred to the deep cooperation between countries in a range of areas, including ISRO’s readiness to launch Bhutanese satellites into space and BSNL’s agreement with Bhutan regarding the third international internet gateway.

He also asserted that India stands firmly by Bhutan’s side at this difficult time of the Covid-19 pandemic, and said meeting the demands of the neighboring country will always be his top priority.

The implementation of Phase I of RuPay cards in Bhutan has provided Indian visitors with access to ATMs and Point of Sale (PoS) terminals across Bhutan. Phase II will now allow Bhutanese card holders to access the RuPay network in India, the Ministry of External Affairs said in a statement.

RuPay Card is an Indian debit and credit card payment network, with acceptance at ATMs, point-of-sale devices, and e-commerce sites.

India and Bhutan share a special partnership, anchored in mutual understanding and respect, reinforced by a common cultural heritage and strong people-to-people bonds, the MEA said.


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