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India and Bhutan to virtually launch RuPay Card phase-2 in Bhutan

  • IASbaba
  • November 20, 2020
  • 0
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India and Bhutan to virtually launch RuPay Card phase-2 in Bhutan

Part of: GS Prelims and GS-II – International Relations

In news

  • Prime Ministers of India and Bhutan will virtually launch RuPay Card phase-2 in Bhutan in November, 2020 (20th November).

Key takeaways

  • The two Prime Ministers had jointly launched phase-1 of the project during Indian PM’s visit to Bhutan in August 2019.
  • The implementation of phase-1 of RuPay cards in Bhutan has enabled Indian visitors in Bhutan to access ATMs and points of sale terminals across Bhutan. 
  • The phase-2 will now allow Bhutanese cardholders to access RuPay network in India.

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