e Rupi is a digital voucher programme introduced currently by government. National Payments Corporation of India (NPCI) in association with various other departments of government has launched an innovative digital solution – ‘e-RUPI’.e-RUPI vouchers are for specific person and for specific purpose, with the introduction of the e-RUPI digital payments network has been strengthen and have provided ease of payment. The users of e-RUPI vouchers will be able to redeem
the voucher without a card, digital payments app or internet banking access, at the merchants accepting e-RUPI. e-RUPI would be shared with the beneficiaries for a specific purpose or activity by organizations or Government via SMS or QR code. e-RUPI will guarantee that the money is used for specific purpose for which it was allotted. It is completely secure, reliable and easy to use. Now with the introduction of the e-RUPI, If any organization now wants to assist someone in healthcare , education, hotel or any other such activity then they would be able to do so by providing an e RUPI voucher instead of cash. As government aims toward making cash less economy and emphasis on digital currency/payment. Currently there are certain banks live with e Rupi.
Benefits of e Rupi· Voucher redemption can be tracked by the issuer· Quick, safe & contactless voucher distribution· Easy & Secure – Voucher is authorized via a verification code· Hassle free & Contactless payment collection· Quick redemption process· Safe and Secure – Beneficiary doesn’t need to share personal details while redemption hence privacy is maintainedNo digital or bank presence is required – Consumer redeeming the voucher need not have a digital payment app or a bank account or even internet connection.