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E rupi: E - RUPI is a
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e - RUPI is a contactless, easy and secure voucher system launched by the PM for cashless payment of COVID-19 vaccination. It is powered by NPCI and supported by DFS and NHA, and can be redeemed by beneficiaries without a card, app or internet banking. e - RUPI is a digital voucher that a beneficiary gets on his phone in the form of an SMS or QR code. National Payment Corporation of India (NPCI) in collaboration with the Department of Financial Services has developed e - RUPI , a prepaid e-Voucher for payment of services sponsored by a public or a private organization. The Prime Minister launched the e-RUPI digital payment system in August 2021. This is an important step in ensuring government benefits and services reach their intended beneficiaries in a timely manner. In this article, you will learn all about the e-RUPI system, how it works, what are its advantages and disadvantages, and other details for the IAS exam.
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