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e-RUPI

Prime Minister Shri Narendra Modi will launch e-RUPI, digital payment solution on 2nd August 2021

e-RUPI, a person and purpose specific digital payment solution, under concept of electronic voucher takes forward this vision of Good Governance.

 

Discussion

  • e-RUPI is a cashless and contactless instrument for digital payment.


  • It is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries.


  • 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.

 

Key Points and Facts 

  • It has been developed by National Payments Corporation of India on its UPI platform, in collaboration with the Department of Financial Services, Ministry of Health & Family Welfare and National Health Authority.

 

  • e-RUPI connects the sponsors of the services with the beneficiaries and service providers in a digital manner without any physical interface.


  • It is pre-paid in nature, it assures timely payment to the service provider without involvement of any intermediary.

 

Benefit of e RUPI Public Health Inclusion

  • It is expected to be a revolutionary initiative in the direction of ensuring a leak-proof delivery of welfare services.

 

  • It can also be used for delivering services under schemes meant for providing drugs and nutritional support under Mother and Child welfare schemes, TB eradication programmes, drugs & diagnostics under schemes like Ayushman Bharat Pradhan Mantri Jan Arogya Yojana, fertilizer subsidies etc.


Source: PIB

Keywords
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