PM Launches e-RUPI today for Digital Payment Solution
PM Modi today launch a digital payment platform named e-RUPI.
This proposed by the National Payments Corporation of India in collaboration with the Department of Financial Services,
Ministry of Health and Family Welfare & the National Health Authority,
claims to be an individual & purpose- specific digital payment solution.
Moreover PM Narendra Modi said that,
This expect to be a revolutionary initiative towards ensuring impassable delivery of welfare services.
As well as the benefits of e-RUPI are –
Further this new digital solution is a cashless digital payment.
Digitally connects service sponsors & beneficiaries. Ensures sealed delivery of several welfare services.
A QR code / SMS line – based e-voucher, which bring to the cell phone of the beneficiaries.
Users of this one time payment service will able to redeem the voucher without having to access the card,
Digital payment app / internet banking at the service provider.
In addition e-RUPI connects sponsors of services with beneficiaries,
And supplier in a digital way without any bodily bond.
Also make sure that payment is made to the supplier only after the transaction is finished.
Moreover being cleared in the environment, it satisfy suitable payment to the supplier without the collaboration of any mediator.
Aside from systematic payments,
It can also be use for services under schemes like medicines and,
Nutrition assistance under maternity & child welfare schemes,
Medicines and diagnostics under TB eradication programs, Ayushman Bharat Pradhan Mantri Jan Arogya Yojana,
Fertilizer subsidy etc.
Digital certificates also be utilize by the capitalism for their employees welfare n corporate social authority plans.