Efficient payment systems are necessary for delivery of subsidy but they should also be tailored to the living conditions of the poor
e-RUPI will work as a digital prepaid voucher, which will help banks to direct the money to beneficiaries.
Even as there is near universal access to bank accounts in India, we must appreciate the fact that e-RUPI does not require a smartphone
E-Rupi Benefits: Users of this one-time payment mechanism will be able to redeem the voucher without a card, digital payments app or internet banking