Indian Prime Minister Narendra Modi along with his Bhutanese counterpart Lotay Tshering is to launch launch RuPay card Phase-II tomorrow that facilitates Bhutanese card holders to access RuPay network in India. Phase-I of the project was jointly launched by the Prime Ministers of the two countries during Mr. Modi’s state visit to Bhutan in August last year.
Phase-I of RuPay cards in Bhutan has enabled visitors from India to access ATMs and Point of Sale (PoS) terminals across Bhutan. Now, Phase-II will allow Bhutanese card holders to access 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, POS devices and e-commerce websites.
A virtual ceremony for the joint launch of RuPay card Phase-II by Prime Minister Modi and Bhutanese Prime Minister Tshering will be held on November 20, the statement said. India and Bhutan share a special partnership, anchored in mutual understanding and respect, reinforced by a shared cultural heritage and strong people to people links, the MEA said.
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