ThePMYojana
e-RUPI, Hello Dear Readers In this post you get to know about new yojana e-RUPI Digital Payment Solution, PM Modi launches e-RUPI digital payment, Prime Minister Narendra Modi today launched a digital payment platform called e-RUPI.
The platform, developed by the National Payments Corporation of India in collaboration with the Department of Financial Services, Ministry of Health & Family Welfare and National Health Authority, claims to be a person and purpose-specific digital payment solution.
By reading this article you will get to know complete details of this payment mechanism like its objective, benefits, working, download procedure, etc.
What is e-RUPI, How to Use
On 2 August 2021, the Prime Minister of India Mr. Narendra Modi is going to launch a digital payment platform called e-RUPI Digital Platform. This platform is a cashless and contactless instrument that will be used for making digital payments.
It is a QR code or SMS string-based e-voucher which will be delivered to the mobile of the users. The users will be able to redeem this voucher without any digital payment app, internet banking, or card. This digital payment platform has been developed by the national payments corporation of India on its UPI platform.
The collaborating partners are the Department of Financial Services, the Ministry of health and family welfare, and the national health authority.
e-RUPI Digital Payment Application Process
Prime Minister Narendra Modi launched a new digital payment mode — e-RUPI. The digital voucher aims to ensure that the government’s monetary benefits directly reach citizens in a ‘leak-proof’ manner.
The beneficiaries will be identified using their mobile number, and it will be electronically delivered to them without any other point of contact.
e-RUPI Digital Payment point Highlights:
Name Of The Article
e-RUPI Digital Payment
Launched By
Government Of India
Beneficiary
Citizens Of India
Objective
To Provide Cashless And Contactless Instrument For Making Digital Payments
Official Website
Year
2021
National Payment Corporation Of India (NPCI)
Prime Minister Narendra Modi today launched a digital payment platform called e-RUPI. The platform, developed by the National Payments Corporation of India in collaboration with the Department of Financial Services, Ministry of Health & Family Welfare and National Health Authority, claims to be a person and purpose-specific digital payment solution.
e-RUPI digital payment platform ensures the timely payment of the services without the involvement of an intermediary. Users are not required to carry any cards or digital payment app or have internet banking access in order to make payments which will make the payment process simple and secure
Bank List live with e-RUPI
Union Bank of India
State Bank of India
Punjab National Bank
Kotak Bank
Indian Bank
Induslnd Bank
ICICI Bank
HDFC Bank
Canara Bank
Bank of Baroda
Axis Bank
Benefits Of e-RUPI
e-RUPI Digital Payment Solution Launched in India by PM Modi.
e-RUPI is a cashless and contactless instrument for digital payment.
e-RUPI connects the sponsors of the services with the beneficiaries and service providers in a digital manner without any physical interface.
It is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries.
Under this mode, the beneficiaries will get an electronic voucher or coupon that can be used without online banking, payment applications and other traditional payment modes
The e-RUPI platform It has been developed by National Payments Corporation of India (NPCI) on its UPI platform, in collaboration with the Department of Financial Services, Ministry of Health and 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.
e-RUPI voucher is going to play a huge role in making DBT more effective in digital transactions in the country.
Download e-RUPI Digital Payment Mobile App
Step 1- First of all open the Google play store or Apple App Store in your mobile phone
Step 2- Now in the search box, you have to enter e-RUPI Digital payment
Step 3- After that, you have to click on the search
Step 4- A list of apps will display on the screen.
Step 5- You have to click on the e-RUPI App option
Step 6- After that, you have to click on install
Step 7- e-RUPI digital payment mobile app will download in your device
Live Hospitals On e-RUPI
go to the official website of national payment Corporation of India
On the homepage click on what we do Option
Now you have to click on UPI
After that you have to click on e-RUPI live partners
After that you have to click on Live Hospitals on e-RUPI
A PDF file will appear before you.
Other Services Provided By NPCI
National Payment Corporation of India is responsible for operating retail payment and settlement systems in India. There are Some services that are offered by national payment Corporation of India.
Unified payment interface (UPI)
Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood.
Rupee and Payment (RuPay)
RuPay is the first-of-its-kind domestic Card payment network of India, with wide acceptance at ATMs, POS devices and e-commerce websites across India.
Bharat Interface For Money (BHIM)
Bharat Interface for Money (BHIM) is an app that lets you make simple, easy and quick payment transactions using Unified Payments Interface (UPI). You can make instant bank-to-bank payments and Pay and collect money using just Mobile number or Virtual Payment Address (UPI ID).
National Automated Clearing House (NACH)
National Payments Corporation of India (NPCI) has implemented “National Automated Clearing House (NACH)” for Banks, Financial Institutions, Corporates and Government a web based solution to facilitate interbank, high volume, electronic transactions which are repetitive and periodic in nature.
Immediate Payment Service (IMPS)
For transferring funds real time and 24X7X365 interbank was a major challenge faced in banking industry. Only NEFT & RTGS were available to user for fund transfer during banking hours.
National Electronic Toll Collection (NETC)
It offers an interoperable nationwide toll payment solution including clearing house services for settlement and dispute management.
BHIM Aadhaar
BHIM Aadhaar Pay enables Merchants to receive digital payments from customers over the counter through Aadhaar Authentication.
Adhaar Enabled Payment System(AePS)
AePS Is the online interoperable financial inclusion transaction which is done at POS through the business correspondent of the bank by using Aadhaar authentication. You can do six types of transactions through this platform.
National Financial Switch (NFS)
NFS has introduced sub-membership model which enables smaller, regional banks including RRBs and local co-operative banks to participate in the ATM network.
Cheque Truncation System (CTS)
It is a process of clearing cheques electronically rather than processing the cheque physically. This process takes place by presenting a bank en-route to the paying bank branch. National Payment Corporation of India is responsible for Managing this platform.
Helpline Number
BHIM Helpline: Now you can also reach out to the BHIM Toll Free number 18001201740
e-RUPI (Frequently Asked Questions):
Who has developed e-RUPI?
This payment solution has been developed by the National Payments Corporation of India (NPCI) on its UPI platform in collaboration with the Department of Financial Services, Ministry of Health and Family Welfare, and National Health Authority.
Is e-RUPI safe?
The National Health Authority (NHA) has said that the contactless e-RUPI is easy, safe, and secure, for it keeps the details of the beneficiaries confidential. Besides, the transaction process through the voucher, NHA said, is comparatively faster.
What is the benefits of e-RUPI ?
1) e-RUPI is a cashless and contactless digital payment.
2) Connects service sponsors and beneficiaries digitally.
3) Ensures leak-proof delivery of various welfare services.
4) It is a QR code or SMS string-based e-voucher, which is delivered to the mobile of the beneficiaries.
5) 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.
6) e-RUPI connects the sponsors of the services with the beneficiaries and service providers in a digital manner without any physical interface.
7) It also ensures that the payment to the service provider is made only after the transaction is completed.
8) Being pre-paid in nature, it assures timely payment to the service provider without the involvement of any intermediary.
How is e-RUPI different from other digital payment apps?
that e-RUPI is not a platform or an app. It is a voucher that can be redeemed for specific services only.
What is e-RUPI digital payment solution?
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, e-RUPI connects the sponsors of the services with the beneficiaries and service providers in a digital manner without any physical interface.
Who can use e-RUPI?
The e-Rupi vouchers issued by this system can be used only by the person to whom he would have been allotted e-Rupi vouchers. In a statement issued by the PMO, it was said that Sakar can also use this system in Ayushman Bharat, Pradhan Mantri Jan Arogya Yojana, fertilizer subsidies, etc.
Conclusion:
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