What is e-rupi?
E-Rupi is a digital currency launched by the Reserve Bank of India (RBI). It is a one-time transaction method that works through mobile phones. E-Rupi is made available as an e-voucher via a QR code or SMS. This e-voucher can be used for a specific purpose, such as paying for a government scheme or buying goods or services at a store.
How to use e-Rupi?
To use e-Rupi, first you need to open an e-Rupee account. It is a virtual account that you can create on your mobile phone. Once the account is opened, you can get an e-voucher for a specific purpose, such as paying for a government scheme or buying goods or services at a store.
The e-voucher is made available in the form of a QR code or SMS. You can use the e-voucher by scanning the QR code or typing the code in the SMS. Once the e-voucher is used, it cannot be used again.
The facility of e-Rupi
E-Rupee has several advantages, such as:
• It is a safe and secure transaction medium.
• It is a cashless mode of transaction, so it saves you the hassle of carrying cash.
• It is a fast and easy transaction medium.
• It is an environment-friendly transaction medium.
Where can e-rupi be used?
E-Rupi can be used in various places like:
• Payment for government projects
• Buying goods or services in stores
• Payment of school, college and university tuition fees
• Payment of insurance premium
• Buy electronics and home appliances
• Purchase of transport tickets
• Pay trip fares
The future of e-Rupi
E-Rupi is a new technology, but it has great potential. This can make cashless transactions more popular and make India a digital economy.