What is E-rupi? Here are five things to know about

What is E-rupi? Here are five things to know about
ET CONTRIBUTORS
Share
Font Size
Save
Comment
Synopsis

E-rupi is delivered via a QR code or SMS string-based voucher and does not require card or net banking or app.

Getty Images
The vouchers can be person and purpose-specific.
1. It is an electronic voucher-based digital payment system.

2. It is delivered via a QR code or SMS string-based voucher and does not require card or net banking or app.

3. The payment through e-rupi is safe as it is prepaid in nature.

4. The vouchers can be person and purpose-specific.

5. It is the latest government initiative in the welfare delivery space to curb leakages.

(Content on this page is courtesy Centre for Investment Education and Learning (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.)
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)

Read More News on

(Your legal guide on estate planning, inheritance, will and more.

All you need to know about ITR filing for FY 2020-21.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.