India and Bhutan to virtually launch RuPay Card phase-2 in Bhutan
Part of: GS Prelims and GS-II – International Relations
- Prime Ministers of India and Bhutan will virtually launch RuPay Card phase-2 in Bhutan in November, 2020 (20th November).
- 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.