India issues RuPay Card in Maldives

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Finance Ninja
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India issues RuPay Card in Maldives:

Today, PM Modi at Maldivian Parliament: India issues RuPay Card in Maldives
PM Narendra Modi: “By issuing RuPay Card in Maldives, there will be an increase in the number of Indian tourists in Maldives. We will soon take measures in this direction. Also, there have been discussions over making the defence services stronger in Maldives.”

After the agreements for integration with Singapore NETS in May 2018 and Bhutan in December 2018, RuPay cards will now travel to Maldives.

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Modi he to mumkin he stuck_out_tongue_winking_eye

Deal Subedar Deal Subedar
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#modi_again3.0 💃

Finance Ninja Finance Ninja
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Today, Maldives and India exchange agreements for the use of RuPay Card in the Maldives.

4th December 2019, Bank of Maldives (BML) and National Payment Corporation of India (NPCI) signed a Memorandum of Understanding on Wednesday, to introduce the acceptance of RuPay cards in Maldives. BML will accept RuPay cards on the bank’s ATMs, POS machine and other digital channels. BML revealed that the issuance of RuPay co-branded prepaid cards by the bank, and the acceptance of the co-branded cards across ATMs, POS machines and digital channels in India will also take place in due time.

https://cdn0.desidime.com/attachments/photos/597350/medium/6303844PMdMvc3.jpg?1575458232

Finance Ninja Finance Ninja
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Today, i contact Bank of Maldives (BML) customer support on twitter.

They replied RuPay cards are accepted.

https://cdn0.desidime.com/attachments/photos/676279/medium/75218491IdJWrE.jpg?1617728122

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The RuPay network could soon be the next big Indian product, right?

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