The honourable Prime Minister of India Mr. Narendra Modi has launched digital initiatives from time to time. Over the last few years, a kind of digital revolution has happened in India. The citizens have become more aware of the digital modes of payments which have improved the standard of living. Today through this article we are going to tell you about the e-RUPI digital payment platform. This platform is an instrument through which its users can make digital payments. e-RUPI is a cashless and contactless instrument for digital payments. It acts as an e-voucher based on a QR code or SMS string, which is delivered to the mobile phones of the beneficiaries. Key Highlights Of e-RUPI Digital Payment

Name of the Payment	e-RUPI Digital Payment
Launched By	Government of India
Beneficiary	Citizen of Indian
Objective	To Provide Cashless and Contactless Instrument for Making Digital Payment
Official website	https://www.npci.org.in/
Year	2021

Objective Of e-RUPI Digital Payment The main objective of the e-RUPI digital payment platform is to provide a cashless and contactless payment system so that citizens can make digital payments without any kind of difficulty. With the help of this payment platform, users can make payments in a secure manner. This payment platform uses QR code or SMS string-based e-voucher which will be delivered to the mobile of the beneficiary. 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.

Uses Of e-RUPI Digital Payment Platform With the help of the e-RUPI platform, the payment of the service provider will be made only after the completion of a transaction. This payment platform will be prepaid in nature which does not require any kind of intermediary to make payment of the service provider.Other than that, this platform can also be used for delivering services under schemes that are meant for providing drugs and nutritional support like mother and child welfare scheme, TB eradication program, drug and diagnostic under a scheme like Ayushmann Bharat Pradhan Mantri Jan Arogya Yojana, fertilizer subsidies, etc.The private sector can also leverage these digital vouchers for their employee welfare and corporate social responsibility programmes. Leak-proof revolutionary delivery of welfare services will be ensured through this initiative. Benefits Of e-RUPI This Payment processes is contactless. Only have to follow a two-step redemption process need to have any kind of digital payment app or bank account consumer is not required to share his or her personal details in order to maintain privacy. The voucher is prepaid hence the payment process is completely secure voucher can be redeemed in few steps hospitals are not required to handle cash hence hassle-free and contactless payments can be ensured voucher is authorized through a verification code which makes the payment process easy and secure. The well-being of employees can be enabled by the corporate voucher distribution quick, safe, and contactless issuer can track the voucher redemption leads to cost reduction because the transactions are digital and don’t require any physical issuance. Voucher Issuing Procedure The e-RUPI digital payment system has been developed by the National Payment Corporation of India on its UPI platform. The national payment corporation of India has boarded banks that will be the issuing authority of the voucher. The corporate or government agency is required to approach the partner bank (private and public sector lenders) along with the details of the specific person and purpose for which the payment is required to be made. The identification of beneficiaries will be done by using their mobile number voucher allocated by the bank. This platform will be our revolutionary digital initiative which will improve the standard of living and make the procedure of payment simple.