e-RUPI a perfect initiative|Digital India mission|how to use it?examples

What is e-RUPI?

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. 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.

How e-RUPI works?

The system has been built by NPCI on its UPI platform and has onboarded banks that will be the issuing entities. Any corporate or government agency will have to approach the partner banks, which are both private and public-sector lenders, with the details of specific persons and the purpose for which payments have to be made. The beneficiaries will be identified using their mobile number and a voucher allocated by a bank to the service provider in the name of a given person would only be delivered to that person.

What are the uses and benefits of e-RUPI?

According to the government, e-RUPI is expected to ensure a leak-proof delivery of welfare services. It can also be used for delivering services under schemes meant for providing drugs and nutritional support under Mother and Child welfare schemes, TB eradication programs, drugs & diagnostics under schemes like Ayushman Bharat Pradhan Mantri Jan Arogya Yojana, fertilizer subsidies, etc. The government also said that even the private sector can leverage these digital vouchers as part of their employee welfare and corporate social responsibility programs.

Example how e-Rupi works :

If the government wants to issue funds to farmers for agriculture use, then the government will ask banks that are collaborated with the NPCI (National Payments Corporation of India) to issue suppose Rs 2 lakh agriculture vouchers of Rs 10000/- each with the specific mobile numbers of the 2 lakh farmers and send it to each farmer to their mobile numbers. Then the farmers can use these vouchers only for agriculture use and can not use for any other purpose because the NPCI who will generate these vouchers will make it agricultural specific and update the vouchers data into the agricultural shops near the farmers so that if they scan the vouchers it can be redeemed.

Suppose, a farmer who got an agricultural voucher from the government of Rs 10000/- will think to use the voucher for any different purpose say for purchase of clothes, so when the farmer will give the voucher to the clothing shop the voucher scanned by the cloth store will show invalid option. Because e-Rupi is purpose-specific as well as individual-specific.

List Of Banks That Are Live With e-RUPI

Name of Banks	Issuer	Acquirer	Acquiring App
Union Bank of India	Yes	No	NA
State bank of India	Yes	Yes	YONO SBI Merchant
Punjab national bank	Yes	Yes	PNB Merchant Pay
Kotak bank	Yes	No	NA
Indian bank	Yes	No	NA
Indusind bank	Yes	No	NA
ICICI bank	Yes	Yes	Bharat Pe and PineLabs
HDFC bank	Yes	Yes	HDFC Business App
Canara bank	Yes	No	NA
Bank of Baroda	Yes	Yes	BHIM Baroda Merchant Pay
Axis bank	Yes	Yes	Bharat Pe

e-Rupi App Download

As of now there is no such application for e-Rupi in the play store, but you can visit its official website :

Official Portal	Click here
MPNRC Home	Click here

PM Narendra Modi on E-RUPI

Prime Minister Shri Narendra Modi launched the digital payment solution e-RUPI, a person and purpose-specific digital payment solution, today via video conference. e-RUPI is a cashless and contactless instrument for digital payment.

Addressing the event, the Prime Minister said that the e-RUPI voucher is going to play a huge role in making DBT more effective in digital transactions in the country and will give a new dimension to digital governance. This will help everyone in targeted, transparent, and leakage-free delivery. He said e-RUPI is a symbol of how India is progressing by connecting people’s lives with technology. He also expressed happiness that this futuristic reform initiative has come at a time when the country is celebrating the Amrit Mahotsav on the 75th anniversary of independence.

He said in addition to the government, if any organization wants to help someone in their treatment, education or for any other work, then they will be able to give an eRUPI voucher instead of cash. This will ensure that the money given by him is used for the work for which the amount was given.

The Prime Minister said eRUPI is a person as well as purpose-specific. eRUPI will ensure that the money is being used for the purpose for which any help or any benefit is being provided.

The Prime Minister recalled that there was a time when technology was considered a domain of the rich people and there was no scope for technology in a poor country like India. He remembered when this government took technology as a mission, it was questioned by the political leaders and certain types of experts. He added that today the country has also denied the thinking of those people, and has proved them wrong. Today the thinking of the country is different, it is new. Today we are seeing technology as a tool to help the poor, a tool for their progress.

The Prime Minister noted how technology is bringing in transparency and integrity in transections and creating new opportunities and making them available to the poor. He mentioned that for reaching today’s unique product, the foundation was prepared over the years by creating the JAM system which connected mobile and Aadhaar. Benefits of JAM took some time to be visible to people and we saw how we could help the needy during the lockdown period while other countries were struggling to help their people, said the Prime Minister. He noted that in India, more than seventeen and a half lakh crore rupees have been transferred directly to the accounts of the people via Direct Benefit Transfer. More than three hundred schemes are using DBT. 90 crore Indians are being benefited in some way or the other through in areas like LPG, ration, medical treatment, scholarship, pension, or wage disbursal. 1 lakh 35 thousand crore rupees have directly been transferred to farmers under PM Kisan Samman Nidhi, 85 thousand crore rupees for government purchase of wheat were also disbursed in this manner. “The biggest benefit of this all is that 1 lakh 78 thousand crore rupees were prevented from going to the wrong hands, ” he added.

The Prime Minister noted that the development of digital transactions in India has empowered the poor and deprived, small businesses, farmers, and tribal population. This can be felt in the record of 300 crore UPI transactions in the month of July amounting to 6 lakh crore rupees.

The Prime Minister said India is proving to the world that we are second to none in adopting technology and adapting to it. When it comes to innovations, use of technology in service delivery, he said that India has the ability to give global leadership alongside major countries of the world.

The Prime Minister said that the PM Svanidhi Yojana has helped more than 23 lakh street vendors in small towns and large cities of the country. During this pandemic period, about Rs 2300 crore has been disbursed to them.

The Prime Minister said the world is recognizing the impact of the work done in the last 6-7 years for digital infrastructure and digital transactions in the country. Especially in India, a huge base of fintech has been created which is not present even in developed countries, he added.