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PM to launch digital payment solution e-RUPI

August 02, 2021

PM to launch digital payment solution e-RUPI

PM Modi will launch e-RUPI, a person and specific digital payments system, on 2nd of August through video conferencing, the Prime Minister’s Office (PMO) said.

Underlining that PM has championed digital initiatives, the PMO said throughout the several projects had been launched to guarantee that the benefits reach at its intended beneficiaries in a targeted and leak-proof manner, with limited touch points between the public authority and the beneficiary.

The concept electronic voucher takes forward this vision of good governance, it said. In its statement, the PMO has said e-RUPI is a cashless and contactless instrument for advanced installment.

It is a QR code or SMS string-based e-voucher, which is delivered to the mobile of the recipients, the statement said. The clients of this seamless one-time payment system will actually want to redeem the voucher without a card, digital payments application or internet banking access, at the service provider, it said.

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