E-RUPI is a cashless digital payment system introduced by the Indian government. It uses QR codes or SMS strings to deliver vouchers to user's phones that can only be redeemed for a specific purpose, such as buying medicine. E-RUPI aims to help deliver services under government welfare schemes more efficiently by ensuring funds are used as intended without physical contact or the need for digital payment apps. Key benefits are that it keeps user details private, allows only intended purchases, and prevents misuse of funds. E-RUPI was launched on August 2, 2021 by the National Payments Corporation of India to promote cashless transactions for services like healthcare.

1. E - RUPI
&
India’s Step towards
Digitalization

2. What is not E - RUPI ?
To Understand what is E - Rupi, First Let’s Understand What is not E - Rupi
So, E - RUPI is not any type of
cryptocurrency, like Bitcoin
Nor is E - RUPI a type of Digital
Payment Option, like UPI

3. What actually is E - RUPI ?
To put together in Simple Words, E - RUPI is a Mode of digital payment which
is based on the Voucher System.
And to oversimplify it, it is like a amazon gift card that
can be used to buy some sort of stuff.
And, as you know, that amazon gift card can only be
used for shopping at Amazon and nowhere else,
E - RUPI also can only be spend/redeemed for a
specific purpose only, like buying medicine.

4. E - RUPI in Tech Terms
E - RUPI is contactless and cashless mode of digital payment. It is a QR
Code/SMS string based voucher, which is delivered on the mobile of the
beneficiaries(users).
E - RUPI uses one-time payment mechanism, so the
users would be able to redeem this voucher without
any Card/Payment app/Internet banking access.

5. How Does E - RUPI Work ?
E - RUPI connects the sponsors, with providers and beneficiaries of a
service(like free grocery) in a digital manner without any physical interface.
For an example, let’s say that there is a government scheme
that gives free medicine to covid patients.
Now, when the government gives money for medicine to the
covid patient, he/she can use it for any purpose, like even for
buying drugs. But, when the government gives E - RUPI QR
Code/SMS for buying medicine, he/she can go to medicine
store and Scan their QR Code/Give the SMS and Redeem the
Voucher for buying medicine. Note that the QR Code/SMS
would be invalid for any other store/shop.

6. Uses of
E- RUPI
Delivering Services under
Schemes meant for
providing support for
Mother & Child Welfare.
TB eradication
Programmes and schemes
under Ayushman Bharat
Pradhan Mantri Jan
Arogya Yojana.

7. Benefits of
E- RUPI
It is a Cashless and
Contactless mode of
digital payment.
No Payment App /
Netbanking / Mobile Data
is needed.
Only the intended
services / tasks can be
performed and there is no
chance for misuse.
It is leak free,
secure and robust for use
by the beneficiaries.

8. More info
about
E - RUPI
It came into existence
at 4:30 pm on 2
August, 2021.
NPCI has partnered
with 11 banks for e-RUPI
transactions. More banks and
acquiring Apps are expected to
join the e-RUPI initiative soon.
It is launched by
NPCI, the digital
payments ecosystem
in India, to promote
cashless transaction.
More banks and acquiring
Apps are expected to join
the e-RUPI initiative soon.

9. Final Thoughts on E - RUPI
E-RUPI, launched by the Hon'ble PM Shri Narendra Modi via video conferencing to
allow cashless payment solution is developed with the support of DFS and NHA
and is powered by NPCI. This is the one way solution for purpose of COVID-19
vaccination and various government schemes.
This contactless E-RUPI is easy, safe, and secure as it keeps the details of the
beneficiaries completely confidential. The entire transaction process through this
voucher is relatively faster and at the same time reliable, as the required amount is
already stored in the voucher.
Finally To Conclude, this E-RUPI is the need of the time.

10. THANKS FOR
VIEWING THIS
PRESENTATION
AND SINCERE
REGARDS.