The government is launching an electronic voucher-based digital payment system: e-RUPI

The Indian government is launching an electronic voucher-based digital payment system called e-RUPI which is a cashless and contactless method for digital payment. It is a prepaid UPI e-voucher redeemed either through a QR code or an SMS string.

There is no need of a card, digital payments app, or internet banking access, at the service provider.

This electronic voucher system is already used by many countries like the US, Colombia, Chile, Sweden, Hong Kong, etc.

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