Learn what and how e-RUPI works? Initiated by PM Modi

New Delhi: Prime Minister Narendra Modi on Monday launched a digital payment solution ‘e-rupee’ (e-rupee). ‘E-Rupee’ is a cashless and for digital payments Contact Rehat is the medium. The e-Rupee was launched on the UPI platform in collaboration with the Department of Financial Services, Ministry of Health and Family Welfare and National Health Authority. Payments Developed by Corporation of India. The aim is to prevent misuse of government welfare schemes. This will ensure that the benefits reach only those who should. It can be transferred to the beneficiary’s mobile phone in the form of QR code or SMS.

According to a statement from the PMO, beneficiaries can now receive an electronic voucher based on a KR code or SMS on their mobile phones. They do not need a card, digital payment app or internet banking to get an e-voucher. For example, you purchased a product and received a voucher upon purchase. In e-money, you will not need to keep a hard copy of the voucher. Vouchers can be sent to your mobile phone in the form of QR codes or SMS.