PM Modi Launches e-RUPI Digital Payment Platform

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Posted in Featured, National

 

  • NET Web Desk

On Monday, July 2, PM Modi had launched the e-Rupi mode of digital payment system via video conferencing.

The platform is developed by the National Payments Corporation of India (NPCI) in collaboration with the Union Ministry of Health and Family Welfare (MoHFW).

This digital voucher-based payment platform is considered to boost digital payments and Direct Benefit Transfer (DBT) in the nation.

e-Rupi is a cashless and contactless instrument for digital payment. It is a QR code or a SMS-string based e-voucher which is delivered directly to the phone of the beneficiary.

According to PMO Office Twitter handle, e-RUPI voucher will play a huge role in making DBT more effective in digital transactions in the country. Furthermore, it will help everyone in targeted, transparent and leakage free delivery.

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