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 will connect the sponsors of the services with the beneficiaries and service providers in a digital manner without any physical interface
Launch of e-RUPI: Targeted, transparent system will ensure leak-proof transfer of government benefits to the users, says PM Narendra Modi.
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