In today’s time, most digital payments are made in India, in furtherance of this campaign, the Government of India had launched e-Rupi, which is an electronic payment system.
Many people are taking advantage of e-Rupi in India today, but still, there are many users who do not have enough knowledge about the e-Rupee, and they have many doubts regarding the e-Rupee. Keeping this problem of yours in mind, we thought why not give you information about e-Rupi today?
Hello friends, welcome to another new article on our blog in which we give you information about what is e-Rupi, how e-Rupi works, features of e-Rupi, and advantages and disadvantages of e-Rupi. Are.
So let’s start this article without taking much of your time and know what is e-Rupee complete information.
E-Rupi As it would be known from its name itself, e is attached, which has only one meaning in mind, it is connected to electronics, let’s know in detail about e-Rupi.
What is E-Rupi?
e-Rupi is a method of making digital payments that was launched on 2 August 2021 by the Prime Minister of India, Narendra Modi. E-Rupee is a cashless voucher-based payment method that allows the consumer to use the voucher without a card or Internet banking.
Even before e-Rupee, there are many Digital Payment apps here but it is a bit different from all of them. It is available in the form of a voucher like any gift voucher. The most important thing which separates it from other digital payment apps is that in e-Rupi we neither need an internet account nor any bank account.
Now we know under whom e-Rupee works e-Rupee works under NPCI The full name of NPCI is National Payment Corporation of India. All these features make it special as compared to other digital payments. It is the best way to make an easy and contactless payment. No one’s personal information is required to make payment in this. This shows how beneficial the e-Rupee is.
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Who can issue E-Rupi?
To implement E-Rupee, NPCI has a tie-up with some banks, if the government has to issue e-Rupi, then it will tie up with these banks, we tell you which are the banks that e-Rupee can be issued.
- State Bank of India
- ICICI Bank,
- PNB Bank,
- HDFC Bank,
- AXIS Bank,
- Bank of Baroda
All these banks also issue and accept the e-Rupee, whereas Canara Bank, Industrial Bank, Kotak Mahindra Bank, Union Bank, and Indian Bank only issue e-Rupi and do not accept it.
How does E-Rupee work?
The way of working with the E-Rupee is slightly different from other digital payments, let us know in detail why the e-Rupee is so special, and how it works.
As the government has to give money to the poor people for medicines, then the biggest difficulty is that this money is not being used anywhere else. E-Rupee is the solution to all these problems, let’s tell how?
E-Rupi will be available in the form of a voucher or QR code and its biggest advantage is that this QR code is unique, if it is only for medicine, then it will work only in the medicine store so that it can be used only for taking medicine. will go.
Now let’s talk about who should get the benefit, they will be identified using their mobile number and the bank will give the voucher only to that person in whose name it is allotted, and the government has also said that private institutions should also use it. Can give benefits to your employee.
When e-Rupi started, there were some constraints in it, such as the maximum value of a voucher could be Rs 10,000 and the e-Rupee could be used only once. The number of vouchers that needed to be issued when the recipient was the same was its biggest drawback. But in 2022, some things were updated in it and many obstacles were removed like the value of the voucher was increased to 1 lakh and it was made for multi-use. It can be used till it expires.
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Features of E-Rupi
In the beginning of the E-Rupee, it was made by looking at the needy people in society, which is still far away from technology, it was brought in the form of vouchers to give benefits to the needy. And its special thing was that those who want benefits, get benefits and people do not need an account in this.
Advantage of e-Rupi
Following are some of the major advantages of the E-Rupee connection –
- The biggest advantage of the E-Rupee is that corruption has been reduced a lot, it should benefit from this, and it will reach directly.
- With E-Rupee, the money will be used where it should be.
- There is no need for UPI, account, etc. in E-Rupee.
- E-Rupi is the payment system of the Government of India, which you can consider safe.
- Whether Voucher or QR code has been used or not, can also be checked.
- This QR code will be unique for the receiver so that you cannot use it anywhere else.
Disadvantage of e-Rupi
Following are some of the disadvantages of the E-Rupee –
- E-Rupee which is digital and has used technology, so where there is technology, there are many chances of scams.
- Nationwide internet
- Typing speed should also be good for the success of the e-Rupee.
What is the meaning of the E-Rupee?
E-Rupee is a cashless and digital payment system based on electronic vouchers.
Who started E-Rupi?
E-Rupee was started by the Prime Minister of India Shri Narendra Modi on 2 August 2021.
Final Thoughts: What is E-Rupee in Hindi
In today’s article, we have told you the complete information about e-Rupee Kya Hai and how it works in very simple words and also told about the advantages and disadvantages.
It is always our endeavor to provide complete and detailed information about the subject about which we give you information. And we have full hope that you will definitely like this effort of ours.
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