E Rupi

What factors have led to the emergence of central bank digital currencies (CBDCs) and how does the decreasing use of cash worldwide impact the unbanked population's ability to participate in the economy? What are the potential benefits of CBDC in terms of financial inclusion and government initiatives to distribute benefits or fiscal stimulus payments? In this episode, Amit Kakatikar - head of Payment Services BU for India region of IDEMIA, a leader in identity technologies, - dives deep into all of these and much more. Tune in.

e-RUPI vouchers get a boost from RBI monetary policy

The expansion of e-RUPI vouchers, with the inclusion of non-bank prepaid payment instrument issuers and individual issuance, signifies a major stride towards promoting financial inclusivity and accessibility.

RBI Policy: Non-banking prepaid payment instruments issuers get nod to issue e-RUPI vouchers

 e-RUPI is a pre-paid digital voucher which a beneficiary gets on his phone in the form of an SMS or QR code.

RBI Monetary Policy: Government can now extend benefits of up to Rs 1 lakh through e-RUPI vouchers

Launched by Prime Minister Narendra Modi in August 2021, the e-RUPI digital voucher currently has a cap of Rs 10,000 and was first used to extend free Covid-19 vaccination to citizens.

India’s latest digital drive | what is e-RUPI & how does it work?

Prime Minister Narendra Modi launched digital payment solution e-RUPI on August 2. The government aims to take forward the concept of electronic voucher with a vision of good governance. In this video, we tell you what e-RUPI is, how it works and its benefits.

Explained | What is e-RUPI and does it lay the ground for RBI's digital currency?

Financial circles are speculating whether the launch of e-RUPI is a milestone on the road to a digital currency but experts say the two instruments are meant for different purposes although they share the common feature of eliminating middlemen

e-RUPI launch: What are the experts saying?

With the virtual, pre-paid voucher-like payment interface ensuring timely, transparent, and leak-proof delivery to mandated customers, not only does it benefit the transfer of various government welfare schemes but also can be deployed by corporate firms for their corporate social responsibility practices.

Govt likely to put e-RUPI to use for food, fertilizer subsidies, to start with

Moneycontrol has learnt from a top official that to start with, the e-RUPI platform is likely to be used to transfer food and fertilizer subsidies to beneficiaries. Beyond that, while the technology has possibilities, the government will gauge how it develops and how other welfare schemes can be routed through this channel.

PM Modi launches e-RUPI 'to strengthen DBT, ensure leakage-free delivery'

"e-Rupi, in a way, is person and purpose specific," Prime Minister Narendra Modi said, adding that the payments solution would ensure that the amount provided to a beneficiary is used only for the intended purpose.

Explained | All you need to know about e-RUPI, a new digital payment solution

PM Narendra Modi will inaugurate a new digital payment, e-RUPI, on August 2 via video conferencing. e-RUPI is a cashless and contactless medium for digital payment. Here's everything you need to know about it.

Explained | What is e-RUPI: How India's new digital payment system works and other details

Per Prime Minister Narendra Modi’s tweet, the system will be launched today at 4:30 pm. Notably, the platform has been collaboratively developed by the National Payments Corporation of India (NPCI), the Department of Financial Services, the Ministry of Health and Family Welfare, and the National Health Authority.

e-RUPI: 8 things to know about India’s new digital payment solution to be launched today

e-RUPI is a cashless and contactless instrument for digital payment.

PM Modi to launch digital payment solution e-RUPI today; Check its benefits

Underlining that Modi has always championed digital initiatives, the Prime Minister's Office said over the years, several programmes have been launched to ensure that the benefits reach its intended beneficiaries in a targeted and leak-proof manner, with limited touch points between the government and the beneficiary.

PM Narendra Modi to launch new digital payment solution e-RUPI on August 2

Apart from being a cashless and contactless instrument for digital payment, e-RUPI is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries.