All posts tagged: RuPay service

Maldives to soon launch India’s RuPay service | Latest News India

Notwithstanding the turbulence in their bilateral ties, the Maldives will soon launch India’s RuPay service, which a senior minister has said “will bolster the Maldivian Rufiyaa.” RuPay, a product of the National Payments Corporation of India (NPCI), is the first of its global card payment network in India, with wide acceptance at ATMs, POS devices, and e-commerce websites across India. RuPay, a product of the National Payments Corporation of India (NPCI), is the first of its global card payment network in India, with wide acceptance at ATMs, POS devices, and e-commerce websites across India. Unlock exclusive access to the latest news on India’s general elections, only on the HT App. Download Now! Download Now! Minister of Economic Development and Trade Mohamed Saeed while announcing how both India and China have agreed to use local currency in bilateral trade, spoke about the upcoming launch of India’s RuPay. “The upcoming launch of India’s RuPay service is anticipated to further bolster the Maldivian rufiyaa (MVR),” Saeed told state-run PSM News on Wednesday. He also emphasised that “addressing the …