e-Rupee is a digital payment solution launched by the National Payments Corporation of India (NPCI) in collaboration with the Department of Financial Services, Ministry of Health & Family Welfare, and National Health Authority.
It is a one-time-use, prepaid voucher-based e-payment system that is designed to promote financial inclusion and provide a secure and convenient way to make digital payments without requiring a bank account or internet access. In this article, we will discuss what e-Rupee is, its benefits, and how to get an e-Rupee.
What is the new e-Rupee?
e-RUPI is a digital payment solution that is based on the Unified Payments Interface (UPI) platform. It is a QR code or SMS-based e-voucher that is designed to be used for specific purposes. It is a one-time-use voucher that is delivered to the beneficiary's mobile phone, and the transaction can be completed without the need for a card, bank account, or mobile app.
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The e-Rupee is an easy-to-use, secure, and contactless payment system that is designed to make payments more accessible to those who do not have a bank account or a smartphone. It is also designed to be used for various purposes, including healthcare, government schemes, and corporate social responsibility (CSR) initiatives.
What is the use of e-Rupee?
e-RUPI is designed to be used for specific purposes, such as healthcare, government schemes, and CSR initiatives. Here are some of the uses of e-RUPI:
Healthcare: e-RUPI can be used to make digital payments for healthcare services such as vaccination, medication, and diagnostic tests. It can be used to pay for healthcare services at government and private hospitals and clinics.
Government schemes: e-RUPI can be used to pay for government schemes such as subsidies, welfare schemes, and other benefits. The government can use e-RUPI to transfer funds directly to the beneficiary's mobile phone without the need for a bank account.
Corporate social responsibility (CSR) initiatives: e-RUPI can be used by companies for their CSR initiatives. Companies can use e-RUPI to make digital payments to their beneficiaries, such as school children, farmers, and other beneficiaries.
How do I get an e-RUPI?
e-RUPI is a one-time-use voucher that is delivered to the beneficiary's mobile phone. Here are the steps to get an e-RUPI:
The issuer (government, company, or organization) sends the e-RUPI voucher to the beneficiary's mobile phone through SMS, QR code, or mobile app.
The beneficiary receives the e-RUPI voucher on their mobile phone.
The beneficiary visits the merchant or service provider that accepts e-RUPI payments.
Beneficiary shows the e-RUPI voucher to the merchant or service provider.
The merchant or service provider scans the QR code or enters the voucher details to complete the transaction.
Conclusion:
e-RUPI is a digital payment solution that is designed to promote financial inclusion and provide a secure and convenient way to make digital payments without requiring a bank account or internet access. It is a one-time-use, prepaid voucher-based e-payment system that can be used for specific purposes, such as healthcare, government schemes, and CSR initiatives. e-RUPI is an easy-to-use, secure, and contactless payment system that can help promote digital payments in India.