EXPLAINED: What Is e-RUPI And How It Removes Need For Cash In Accessing Govt Services
3 years, 4 months ago

EXPLAINED: What Is e-RUPI And How It Removes Need For Cash In Accessing Govt Services

News 18  

The role of intermediaries and middlemen is seen as a significant drawback in the delivery of government aid to people as it allows leakage and pilferage that end up depriving the ultimate beneficiaries. Developed by the National Payments Corporation of India in collaboration with the Department of Financial Services, the Union Health Ministry and the National Health Authority, e-RUPI “is a cashless and contactless instrument for digital payment”, the Prime Minister’s Office said. The PMO said that the e-RUPI system can be used for “delivering services under schemes meant for providing drugs and nutritional support under Mother and Child welfare schemes and TB eradication programmes”. With the Union Health Ministry and NHA as aprtners, it will also be utilised to extend drugs and diagnostics under schemes like Ayushman Bharat Pradhan Mantri Jan Arogya Yojana — the national health insurance scheme for lower income groups — fertiliser subsidies, etc. While the DBT scheme relies on the troika of Jan Dhan accounts, Aadhaar numbers — although Aadhaar is not mandatory — and mobile phones, the e-RUPI system will not require users’ bank account details.

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History of this topic

Indian Banks Want Customers, But No Smartphones Please
4 months, 3 weeks ago

Indian Banks Want Customers, But No Smartphones Please

Live Mint  

-- In the past year, more than 600 Indian banks moved $2.5 trillion, or 80% of gross domestic product, between customer accounts. “Banks shall assign an additional 5% run-off factor for retail deposits which are enabled with internet and mobile banking,” the monetary authority said in a circular last week on liquidity standards. A bigger slice of low-risk, low-return assets …

e-RUPI may completely negate pilferage; ensure full benefit to beneficiary: industry
3 years, 4 months ago

e-RUPI may completely negate pilferage; ensure full benefit to beneficiary: industry

India TV News  

The launch of e-RUPI, a person- and purpose-specific digital payment solution, by the government is expected to completely negate any pilferage and will ensure full benefit to intended beneficiaries, India Inc said on Monday. Sanjiv Bajaj, President-designate, CII, said, "This is expected to completely negate any pilferage and will ensure 100 per cent benefit to the intended beneficiaries. This mechanism …

PM launches new digital payment system e-RUPI, says it will play major role in strengthening DBT; key points
3 years, 4 months ago

PM launches new digital payment system e-RUPI, says it will play major role in strengthening DBT; key points

Firstpost  

The prime minister also said that the e-RUPI is an example of how India is moving forward and connecting people in the 21st century with the help of advanced technology Prime Minister Narendra Modi Monday launched e-RUPI, a person and purpose-specific cashless digital payment solution and called it a “revolutionary initiative” in the direction of ensuring a leak-proof delivery of …

Explained | How India’s new welfare-focused digital payment system e-RUPI works?
3 years, 4 months ago

Explained | How India’s new welfare-focused digital payment system e-RUPI works?

The Hindu  

Prime Minister Narendra Modi launched on Monday a new digital payment system to send government’s monetary benefits directly to beneficiaries’ mobile phones. The e-RUPI system, developed by National Payments Corporation of India, Department of Financial Services, National Health Authority and Ministry of Health and Family Welfare, is said to be leak-proof and offers non-transferable service to citizens. e-RUPI is a …

PM Modi Launches e-RUPI: What is it? How Does it Work? All FAQs Answered
3 years, 4 months ago

PM Modi Launches e-RUPI: What is it? How Does it Work? All FAQs Answered

News 18  

Prime Minister Narendra Modi on Monday launched a new digital payment mode — e-RUPI, which aims to ensure that government’s monetary benefits directly reach citizens. Developed by the National Payments Corporation of India in collaboration with the Department of Financial Services, the Union Health Ministry and the National Health Authority, e-RUPI “is a cashless and contactless instrument for digital payment”, …

PM Modi Launches e-RUPI. Govt to Send Money via SMS Vouchers to your Mobile. How to Use
3 years, 4 months ago

PM Modi Launches e-RUPI. Govt to Send Money via SMS Vouchers to your Mobile. How to Use

News 18  

Prime Minister Narendra Modi on Monday launched a new digital payment mode — e-RUPI. For the purpose for which any help or any benefit is being given, it will be used for that, this eRUPI is going to ensure,” PM Modi said while introducing the new digital payment mode. Where e-RUPI Digital Payment will be Used The government wants to …

Digital payment solution 'e-RUPI' to launched in India: What it means and how it works
3 years, 4 months ago

Digital payment solution 'e-RUPI' to launched in India: What it means and how it works

Firstpost  

Prime Minister Narendra Modi today launched e-RUPI, a person and purpose-specific digital payment solution. As per the official statement, “it also ensures that the payment to the service provider is made only after the transaction is completed.” The digital payment solution is developed by the National Payments Corporation of India on its UPI platform, in collaboration with the Department of …

Prime Minister Narendra Modi to launch digital payment solution e-RUPI on Monday
3 years, 4 months ago

Prime Minister Narendra Modi to launch digital payment solution e-RUPI on Monday

Firstpost  

In its statement, the Prime Minister’s Office said e-RUPI is a cashless and contactless instrument for digital payment New Delhi: Prime Minister Narendra Modi will launch e-RUPI, a person and purpose specific digital payment solution, on Monday via video-conferencing, his office said. Underlining that Modi has always championed digital initiatives, the Prime Minister’s Office said over the years, several programmes …

What is e-RUPI and how it will change India's digital payment behaviour
3 years, 4 months ago

What is e-RUPI and how it will change India's digital payment behaviour

Firstpost  

e-RUPI is a cashless and contactless instrument for digital payment Prime Minister Narendra Modi will launch e-RUPI, a person and purpose-specific digital payment solution on Monday at 4:30 pm via video conferencing. Even corporates can benefit from e-RUPI: Corporates can enable well-being of their employees End to end the digital transaction and doesn’t require any physical issuance hence leading to …

E-Rupi will ensure leak-proof delivery of welfare services: PM Modi launches new payment system
3 years, 4 months ago

E-Rupi will ensure leak-proof delivery of welfare services: PM Modi launches new payment system

India TV News  

Prime Minister Narendra Modi launched e-RUPI, a person and purpose-specific digital payment solution, on Monday. E-RUPI is an example of how India is moving forward and connecting people in the 21st century with the help of advanced technology, PM Modi said speaking at the virtual launch event. e-RUPI is a cashless and contactless instrument for digital payment developed by the …

PM Modi to launch e-RUPI on Aug 2: Know all about the cashless digital payment solution
3 years, 4 months ago

PM Modi to launch e-RUPI on Aug 2: Know all about the cashless digital payment solution

India TV News  

Prime Minister Narendra Modi will launch e-RUPI, a person and purpose specific digital payment solution on Monday via video conferencing. The users of this seamless one-time payment mechanism will be able to redeem the voucher without a card, digital payments app or internet banking access, at the service provider. e-RUPI connects the sponsors of the services with the beneficiaries and …

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