The wait is over, New E-RUPI Crypto currency launched by Government of India.
It is an e-voucher based digital payment platform launched by Indian Government. On August 2, 2021, the platform’s digital payment platform was launched. The article below explains everything about the program and its benefits. To learn more about the event, take a look below at the video.
This program would make sure that beneficiaries receive their benefits in a leak-proof manner.
According to the PMO, “It would ensure that benefits reach their intended beneficiaries in a targeted manner and leak-proof.” Learn all about eRUPI by reading the article.
It can be thought of as a prepaid gift voucher such as Sodexo coupons that can be used at certain accepting centres.
It is an electronic coupon that can be accessed from any device, without the need for any mobile banking or credit card.
The platform connects the service providers and sponsors to each other without the need for any physical interaction.
The issuing entities will include banks from the private and public sectors.