E-RUPI May Completely Negate Pilferage; Ensure Full Benefit To Beneficiary: Industry

On the launch of e-RUPI,” With the increase in the number of digital payments, the growing popularity of cryptocurrencies like Bitcoin, e-RUPI is a revolutionary initiative in the direction of India’s payments system at the very right time. This cashless and contactless solution for digital payment will work like a gift card which allows users to redeem the voucher without a card, digital payments app or internet banking access, or even a smartphone at the service provider. e-RUPI is the epitome of how our country is leveraging technology in order to streamline the time-taken processes and connecting people in the 21st century. Moreover, this initiative will further boost the mission of Digital India and bring a digital revolution in the country.”

http://www.businessworld.in/article/e-RUPI-May-Completely-Negate-Pilferage-Ensure-Full-Benefit-To-Beneficiary-Industry/03-08-2021-399097/