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e-RUPI Digital Payment Solution
August 4 , 2021
1266 days
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- The Prime Minister Narendra Modi launched “e-RUPI Digital Payment Solution” on August 2, 2021.
- e-RUPI is an e-voucher-based payment solution.
- e-RUPI initiative was launched to limit touch points between government and beneficiary.
- This Platform will also ensure that benefits reach its intended beneficiaries in a targeted and leak-proof manner.
- e-RUPI is a one-time payment mechanism that will allow users to redeem voucher without using card, digital payments app or internet banking access.
- The National Payments Corporation of India (NPCI) developed e-RUPI platform on its UPI platform.
- It was launched in collaboration with Department of Financial Services, Ministry of Health & Family Welfare and National Health Authority.
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