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India launches Rupay Card in Maldives following bilateral talks during Muizzu's visit

India launches Rupay Card in Maldives following bilateral talks during Muizzu's visit

This initiative comes on the heels of recent discussions between Indian Prime Minister Narendra Modi and Maldives President Mohamed Muizzu

Business Today Desk
Business Today Desk
  • Updated Oct 7, 2024 1:24 PM IST
India launches Rupay Card in Maldives following bilateral talks during Muizzu's visitIndia introduces Rupay Cards in Maldives

In a significant development of financial collaboration between India and the Maldives, the Indian government has introduced the Rupay card to the island nation. This initiative comes on the heels of recent discussions between Indian Prime Minister Narendra Modi and Maldives President Mohamed Muizzu.

The talks, aimed at strengthening bilateral ties, resulted in the decision to launch the Indian payment system, which is expected to enhance convenience for tourists and residents, facilitating seamless transactions across various sectors

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Business Today Desk
Business Today Desk

Business Today brings you the latest news, views and analysis from the world of finance, economy, markets, corporates, startups, tech, and the digital economy. You can find everything from breaking news to deep dives to immersive essays and more on a variety of subjects across all formats - online, magazine, television, data visualisation, et al.

Published on: Oct 7, 2024 1:24 PM IST