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This is a prepaid e-voucher. This is a one-time voucher, which has a definite validity. It is used in places where you want to make a special gift to a special person. It is completely contactless and cashless.
New Delhi: This is the second Rakshabandhan during the Corona period. In such a situation it would be best and safest to give cashless and contactless gifts to your sisters at this time. SBI has brought e-rupee for you. With this you can give cashless gift to your sisters as love. This is the new rupee of the new India. Finally give detailed information about what e-rupee is.
It’s completely contactless and cashless
This is a prepaid e-voucher. This is a one-time voucher, which has a definite validity. It is used in places where you want to make a special gift to a special person. It is completely contactless and cashless. This is a completely secure transaction. So there is no possibility of fraud. This is a transaction in which personal data is also protected and your privacy is taken care of.
NPCI created e-RUPI
The National Payment Corporation of India (NPCI) launched e-RUPI in collaboration with the Department of Finance (DFS), National Health Authority (NHA), Ministry of Health and Family Welfare (MoHFW) and banks. It was inaugurated by Prime Minister Narendra Modi on August 2, 2021.
Works with SMS or QR codes
e-RUPI is a cashless and contactless digital payment medium, which is sent to the beneficiary’s mobile phone in the form of SMS or QR code. It’s like a prepaid gift-voucher. This voucher can be redeemed without any credit or debit card, mobile app or internet banking.
How to issue e-Rupee Voucher
This system was developed by NPCI on UPI platform. Banks issue vouchers. Its beneficiary is identified by his mobile number. Vouchers in the name of a person will be issued by the bank to the service provider only to that person.
e-RUPI works even on basic phones
Beneficiary does not need to have a bank account for e-rupee. It has a distinct feature compared to other mediums of digital transactions. This ensures a two-stage process of easy and non-contact transactions. No personal details are required. Another special feature of this is that e-rupee also runs on basic phones.
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