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Mumbai14 hours ago
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Prime Minister of Bhutan Lotte Schering thanked PM Modi and said that we are grateful to you and your government for providing the vaccine in Bhutan. Now Bhutan citizens will be able to take advantage of RuPay network in India
- The Prime Minister of the two countries launched the first phase RuPay Card in August last year.
- The RuPay Card was developed by the Indian National Payment Rules (NPCI) in 2014.
Now people of Bhutan will also be able to take advantage of the RuPay network in India. Prime Minister Narendra Modi and Bhutan Prime Minister Lotte Tshering have launched the second phase of RuPay Card today. The Prime Minister of both countries launched the first phase RuPay Card in August last year. At that time Modi visited Bhutan. The RuPay Card has been developed by the National Payments Rules of India (NPCI).
11,000 rupees transactions in Bhutan
Modi said, “I am happy to know that there have been 11,000 successful transactions in Bhutan so far.” If the corona epidemic were not there, this figure would have been even higher. Today we are starting the second phase of this. He said that from today onwards, the card holders of the RuPay card issued by the Bhutan National Bank will be able to use more than one lakh rupees ATMs and more than 20 lakh rupees point-of-sale terminals in India.
Lotte Schering thanked PM Modi and said that we are grateful to you and your government for providing the vaccine in Bhutan. Now the citizens of Bhutan will be able to take advantage of the RuPay network in India.
Launch through video conferencing
According to the information, this RuPay card was launched through video conferencing. Prime Minister Narendra Modi said that the two countries are partnering in many fields. In this, ISRO is preparing to send Bhutan’s satellite into space. On the other hand Bharat Sanchar Nigam Limited (BSNL) is also introducing internet in Bhutan. This will be BSNL’s third internet business outside the country.
India stands firmly with Bhutan
Prime Minister Modi said that India stands firmly with Bhutan in times of such crisis. Any needs of the neighboring country will be given priority. The Ministry of External Affairs issued a statement saying that after the launch of RuPay Card in the first phase, Indians going to Bhutan have become easier to use ATMs and Point of Sale (POS) terminals there. Now in its second phase, the people of Bhutan will be able to come to India through the RuPay Card.
Rupe is India’s indigenous payment system
Explain that Rupe is the indigenous payment system of India. The Foreign Ministry said that there is a special kind of partnership between the two countries. Both countries share cultural heritage. RuPay Card is an Indian debit and credit card payment network. Through this, payments can be made on all the POS devices and e-commerce websites of the country. Cash can be withdrawn from ATMs. It was launched on 8 March 2014 at the hands of President Pranab Mukherjee.