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e-RUPI Digital Payment Solution: Download e Rupi App, npci.org.in Features, Benefits & How to use

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Short Info: [Download e Rupi App APK Mobile Application] e-RUPI Digital Payment 2021 – eRupee App Paystore link: e RUPI Digital Payment Solution, Govt to Send Money via SMS Vouchers to your Mobile How to Use, e RUPI Features & Working Process, Benefits and Check Online Payment Status at Official Website www.npci.org.in.

Short Article Details:

Name of Articlee-RUPI Digital Payment Solution
Application StatusActive
Article About e-RUPI Features & Working Process

Table of Content

e-RUPI Digital Payment Solution @npci.org.in

Summary: Prime Minister Narendra Modi on Monday launched e-RUPI, an electronic voucher-based digital payment system. e-RUPI is a cashless and contactless instrument for digital payment. It gets delivered to the mobile phones of beneficiaries through a QR code or SMS string.

E-Rupi has developed by the NPCI (National Payments Corporation of Indi) in collaboration with three departments such Nation Health Authority, the Ministry of Health & Family Welfare & the Department of Financial Services. It is claimed to be an individual and purpose-specific digital payment solution.

“e-RUPI is an example of how India is moving forward and connecting people in the 21st century with the help of advanced technology. I’m glad that it has started in the year when India is celebrating its 75th year of Independence,”

PM Modi

We will provide short information about “e-RUPI Digital Payment 2021” like Article Benefit, Key Features of Article, Payment Status, Application process and more.

eRupee App Digital Payment 2021 – Overview

Name of Articlee-RUPI Digital Payment Solution
in Languageई-रुपी डिजिटल पेमेंट सोल्युशन
Launched by Government Of India
Beneficiaries Citizens Of India
Major BenefitTo Provide Cashless And Contactless Instrument For Making Digital Payments
Article ObjectiveTo provide a digital payment system environment
Article underCentral Government
Name of StateAll India
Post CategoryArticle
Official Websitewww.npci.org.in

e-RUPI Digital Payment Solution News Update

A new digital payment system e-RUPI Latest News Update ई-वाउचर-आधारित डिजिटल पेमेंट सॉल्यून E RUPI:

  • PM Narendra Modi has launched a digital payment platform called e-RUPI via video conferencing today at 4.00 Pm.
  • State Bank of India (SBI), ICICI Bank, HDFC Bank, Punjab National Bank (PNB), Axis Bank and Bank of Baroda will provide both issuance and redemption facilities for e-RUPI coupons.
  • Meanwhile, Canara Bank, IndusInd Bank, Indian Bank, Kotak Mahindra Bank and Union Bank of India will only issue e-RUPI coupons for now.

e-RUPI Digital Payment Online Registration 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.

Procedure to View List Of Live Hospitals On e-RUPI

Step 1- Visit the Official Website of e-RUPI Digital Payment i.e. www.npci.org.in.

Step 2- On the Homepage, click on what we do Option and after this, you have to click on UPI.

Step 3- After that, you have to click on e-RUPI live partners

Step 4- After that, you have to click on Live Hospitals on e-RUPI

Step 5- Hospitals List PDF File displayed on the web browser.

In this PDF file, you can view a list of live hospitals on e-RUPI.

Download e-RUPI Digital Payment Mobile App Link

Step 1- First of all open 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 the install

Step 7- e-RUPI digital payment mobile app will download in your device

What is e-RUPI Digital Payment Solution?

e-RUPI Digital Payment 2021: 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.

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.

It has been developed by the National Payments Corporation of India on its UPI platform, in collaboration with the Department of Financial Services, Ministry of Health & Family Welfare and National Health Authority.

Benefits Of e-RUPI

This technology will help not only the government but if any general organization wants to help someone in their treatment, in their education or for any other work, then they will be able to give e-RUPI instead of cash.

  • Benefits for Consumers: 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.
  • Benefits for Health Services: e-RUPI can be used for delivering services under schemes meant for providing drugs and nutritional support under Mother and Child welfare schemes, TB eradication programmes, drugs and diagnostics under schemes like Ayushman Bharat Pradhan Mantri Jan Arogya Yojana, fertilizer subsidies etc.
  • Benefits for the private sector: The private sector can leverage these digital vouchers as part of their employee welfare and corporate social responsibility programs.

How to uses e-RUPI Digital Payment Platform?

A statement released by the Prime Minister’s Office (PMO) said e-RUPI is a cashless and contactless instrument for digital payment. The statement added that it is a QR code or SMS string-based e-voucher, which is delivered to the mobile phones of beneficiaries.

Procedure to Issuing e-Vouchers

e-RUPI connects the sponsors of the services with the beneficiaries and service providers in a digital manner without any physical interface. It also ensures that the payment to the service provider is made only after the transaction is completed.

Since it is prepaid in nature, it assures timely payment to the service provider without the involvement of any intermediary.

The one-time payment mechanism of e-RUPI will allow users to redeem the voucher without a card, digital payments app or internet banking access, at the service provider.

All Services Provided By NPCI

National Payment Corporation of India is responsible for operating retail payment and settlement systems in India. There are few services that are offered by national payment Corporation of India which are as follows:-

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. It allows for any Merchant associated with any acquiring bank live on BHIM Aadhaar Pay , to accept payment from customer of any bank by authenticating customer’s biometrics.

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. Customers require to input only bank name, Aadhaar number and fingerprint captured during enrolment in order to make payment

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. This system is also going to save a lot of time

List Of Banks That Are Live With e-RUPI

Name of BanksIssuerAcquirerAcquiring App
Union Bank of IndiaYesNoNA
State bank of IndiaYesYesYONO SBI Merchant
Punjab national bankYesYesPNB Merchant Pay
Kotak bankYesNoNA
Indian bankYesNoNA
Indusind bankYesNoNA
ICICI bankYesYesBharat Pe and PineLabs
HDFC bankYesYesHDFC Business App
Canara bankYesNoNA
Bank of BarodaYesYesBHIM Baroda Merchant Pay
Axis bankYesYesBharat Pe

Objectives of e-RUPI Digital Payment 2021

Prime Minister Narendra Modi launched e-RUPI, a person and purpose-specific digital payment solution that is aimed at improving transparency and targeted delivery of benefits.

Benefits & Key Features

  • e-RUPI Digital Payment Solution Launched in India by PM Modi.
  • e-RUPI is a cashless and contactless instrument for digital payment.
  • e-RUPI is a person as well as a purpose-specific payment platform.
  • 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
  • This will ensure that the money given by him/her is used for the same work for which that amount has been given.
  • 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.

eRupee App Helpline Number & Contact Address

BHIM Helpline: Now you can also reach out to the BHIM Toll Free number 18001201740

  • Mumbai
    National Payments Corporation of India
    1001A, B wing, 10th Floor,
    The Capital, Bandra-Kurla Complex,
    Bandra (East), Mumbai – 400 051
    Phone – 022 4000 9100
  • Goregaon (Mumbai)
    National Payments Corporation of India
    Unit nos. 201, 301 & 302,
    2nd & 3rd Floor,
    Raheja Titanium, Western Express Highway,
    Goregaon east, Mumbai – 400063
    Phone – 022 4050 8500
  • Chennai
    National Payments Corporation of India
    Unit No B702, 07th Floor,
    Tower B, Commerzone IT Park,
    Mount Poonamallee Road, Porur,
    Chennai – 600 116
    Phone – 044 6638 7000
  • Hyderabad
    National Payments Corporation of India
    ICICI Towers, off ISB Road
    Plot No. 12, 6th Floor, Tower-1 (North Wing)
    Nanakram Guda, Financial District
    Hyderabad – 500032, Telangana State

Important Dates

EventDates
Launch Date02 August 2021
Launch Timing4.30 PM`

Important Links

EventLinks
Download eRupee App Mobile ApplicationClick Here
digital payment solution e-RUPI PIBClick Here
e-RUPI Digital Payment Official PortalOfficial Website

FAQ about e-RUPI:

Which banks are live with e-RUPI?

As per NPCI, State Bank of India, HDFC, Axis, Punjab National Bank, Bank of Baroda, Canara Bank, IndusInd Bank and ICICI Bank are already live with the e-RUPI digital payment solution.

Who can issue e-RUPI?

e-RUPI can be issued only by banks authorized by RBI to issue Prepaid Payment Instruments (PPI) and who are participating as Payment Service Providers (PSP) in the UPI ecosystem (referred hereunder as the “Issuer”).

What are the benefits of using e-RUPI?

According to the NPCI website, it is beneficial for corporates as it is an end-to-end digital transaction that doesn’t require any physical issuance. Therefore, it will lead to cost reduction for the organization.

How is e-RUPI different from other digital payment apps?

The chief difference between e-RUPI and other online payment apps is that e-RUPI is not a platform or an app. It is a voucher that can be redeemed for specific services only.

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