New Delhi (Uttam Hindu News): Prime Minister Narendra Modi is on a two-day visit to the United Arab Emirates (UAE). Here, along with his ‘Ahlan Modi’ programme, he is also scheduled to inaugurate the largest Hindu temple of Abu Dhabi. In such a situation, PM Modi, who reached UAE, also met with its President Sheikh Mohammed bin Zayed Al Nahyan and both had extensive talks on taking forward the bilateral strategic partnership.
During his meeting with UAE President Sheikh Mohammed bin Zayed Al Nahyan, PM Narendra Modi presented him RuPay card. It means clearly that now India’s RuPay card is touching new heights. After meeting PM Modi, UAE President Sheikh Mohammed bin Zayed Al Nahyan launched the UPI RuPay card service here. This will increase the universal acceptance of RuPay across the UAE.
Launching the RuPay card facility here, President Sheikh Mohammed bin Zayed Al Nahyan ‘swiped’ a card engraved with his name.
On this occasion, PM Modi said that we are starting a new fintech era with the introduction of both UPI RuPay Card and Aapke Jaiwan Card, which is a big achievement. Through this, India’s UPI payment system and UAE’s ANI system will get a chance to connect together. With this, people of both the countries will be able to avail the facility of cross border transactions without any hindrance. This is a result of the MoU on Interlinking Payment and Messaging Systems signed in July last year.
At the same time, another agreement was signed to interconnect debit/credit cards, in which RuPay Card (India) will be connected with Jaiwan (UAE). Due to which the spread of Rupay card will increase. Before this, RuPay card has been launched in Nepal, Bhutan, Singapore, Sri Lanka and Mauritius apart from Africa. This will promote digital transactions.
This news article has been translated from the original language to English by WorldsNewsNow.com.
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