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Sunday, November 29, 2020

PM Modi, Bhutan PM to launch Rupay card Phase-2 project

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

By: Express News Service | New Delhi | November 20, 2020 1:10:39 am
Prime Minister Narendra Modi and the Prime Minister of Bhutan Lotay Tshering, at a meeting in Thiphu, (File/PIB/PTI Photo)

Prime Minister Narendra Modi along with his Bhutanese counterpart Lotay Tshering will on Friday launch RuPay card Phase-II that will allow Bhutanese card holders to access RuPay network in India.

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

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 card holders to access RuPay network in India, the Ministry of External Affairs 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.

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.

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