NPCI launches digital payment solution e-RUPI

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National Payments Corporation of India (NPCI) has launched an innovative digital solution – ‘e-RUPI’ in association with the Department of Financial Services (DFS), National Health Authority (NHA), Ministry of Health and Family Welfare (MoHFW), and partner banks.
e-RUPI is a type of payment voucher with a one-time payment mechanism. It is built on the UPI platform.
Government or Corporate entities would create e-RUPI vouchers through their partner banks and share this e-RUPI with the beneficiaries for a specific purpose or activity via SMS or QR code. The beneficiaries will be identified using their mobile numbers.
The users of e-RUPI will be able to redeem the voucher without a card, digital payments app or internet banking access, at the merchants accepting e-RUPI.
It must be noted that the beneficiary of the e-RUPI voucher need not have a bank account to use the voucher.