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New Delhi: Prime Minister Narendra Modi and his Bhutanese counterpart Lotay Tshering today launched RuPay card Phase-II that will allow Bhutanese card holders to access the RuPay network in India.
The Prime Ministers of the two countries had jointly launched Phase-I of the project during PM Modi’s state visit to Bhutan in August last year.
In his speech via video conferencing, PM Modi spoke about the deep cooperating 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.
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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 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.
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 had said.