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The RuPay Card Is Finally Available In The UAE And It Will Massively Ease The Access To Cash For Indians
Indian Prime Minister Narendra Modi visited the UAE and the visit was highly publicised.
As part of a two-day state visit to the UAE where he discussed India’s economic trajectory, domestic and foreign sourcing, he was also honoured with the UAE’s highest civilian honour, the ‘Order of Zayed’ and announced a new credit card, RuPay.
RuPay has been immediately made available in 21 businesses and 5,000 ATMs across the country.
PM Modi made a purchase to mark the announcement
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PM @narendramodi makes a special purchase, which he would offer as Prasad at the Shreenathji Temple in Bahrain tomorrow. pic.twitter.com/x4WTt1fm8P
— PMO India (@PMOIndia) August 24, 2019
RuPay is a card payment scheme that offers a domestic, open-loop, multilateral system which allows all Indian banks to participate in electronic payments
It’s the Indian equivalent to Visa and MasterCard and the UAE is the first country outside of India to accept the mode of payment.
Prominent UAE banks will soon start issuing RuPay cards.
The news is welcomed by those who hold the card as its a safe, secure and cost-effective transaction method, and with a growing number of locations globally are accepting RuPay.
Created for Indian users, sellers and banks, #RuPay cards are now accepted in 195 countries across the globe. #OneLifeOneRuPay #IndiaIndependenceDay pic.twitter.com/jZx6ccEjdS
— RuPay (@RuPay_npci) August 15, 2019
There are numerous benefits
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In UAE, there would be comprehensive talks with His Highness the Crown Prince of Abu Dhabi, Sheikh Mohammed bin Zayed Al Nahyan. The Crown Prince and I would be releasing a stamp to mark Bapu’s 150th Jayanti. The RuPay card will also be launched, which would help many.
— Narendra Modi (@narendramodi) August 22, 2019
An iconic moment
Humbled to be conferred the ‘Order of Zayed’ a short while ago. More than an individual, this award is for India’s cultural ethos and is dedicated to 130 crore Indians.
I thank the UAE Government for this honour. pic.twitter.com/PWqIEnU1La
— Narendra Modi (@narendramodi) August 24, 2019
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