Prime Minister Narendra Modi along with his Bhutanese counterpart Lotay Tshering on Friday launched RuPay card Phase-II. The launch will enable Bhutanese cardholders to access the RuPay network in India. Both the prime ministers had jointly launched Phase-I of the project during Modi’s state visit to Bhutan in August last year.
In his speech via video conferencing, Modi spoke about the deep cooperation between the countries in a gamut of fields, including ISRO’s preparation to launch Bhutanese satellites into space and BSNL’s agreement with Bhutan regarding third international internet gateway. He also affirmed that India stood solidly with Bhutan in this difficult hour of the COVID-19 pandemic, and said meeting the neighboring country’s requirements will always be its top priority.
The implementation of Phase-I of RuPay cards in Bhutan has enabled visitors from India to access ATMs and Point of Sale (PoS) terminals across Bhutan. Phase-II will now allow Bhutanese cardholders to access the RuPay network in India, the Ministry of External Affairs had said in a statement. The RuPay card is an Indian debit and credit card payment network, with acceptance at ATMs, POS devices and e-commerce websites.
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