e-RUPI Digital Payment Solution | e-voucher-based payment solution - Digital Vouchers - Contactless and Cashless- Key Features of e-RUPI
e-RUPI Digital Payment Solution e-RUPI is a digital payment solution launched by the Government of India. It is a voucher-based payment system that aims to promote digital payments and ensure targeted and leak-proof delivery of welfare services to beneficiaries. Key Features of e-RUPI: 1. Digital Vouchers: e-RUPI is essentially a digital voucher that can be delivered to the mobile phones of beneficiaries in the form of an SMS or QR code. 2. Contactless and Cashless: e-RUPI is a contactless and cashless payment method, ensuring that the transactions are secure and convenient. 3. Prepaid : e-RUPI vouchers are prepaid in nature, meaning they are issued with a specific monetary value, and beneficiaries can redeem them at specific merchants or service providers. 4. Targeted Subsidies: e-RUPI is designed to ensure that government subsidies and welfare benefits are targeted and reach the intended beneficiaries directly. 5. Secure and Private: The system ensures privacy and security, as the...