HomeTechnologyWhat is E-RUPI, How Does E-RUPI Work and What are its Advantages

What is E-RUPI, How Does E-RUPI Work and What are its Advantages


Prime Minister Narendra Modi has launched the e-RUPI Digital Payment System in August 2021. It is a QR Code or SMS based system. This new Cashless and Contactless Digital Payment method has been started to enable citizens to transfer without any hindrance. E-RUPI Voucher.

It will be used only for the work in which the beneficiary would like to get its benefit. This e-RUPI Voucher will play an essential role in the digital payment system. Then let’s get to know more about e-RUPI through this article.

Meaning of eRUPI

E-RUPI is a kind of digital voucher. The person availing of this benefit will have to SMS’S or will be available in the form of a QR Code. Through this, the amount will be directly transferred to their bank account.


eRUPI is designed keeping in mind the safety of the beneficiary. It keeps the details of the beneficiaries secretly. Apart from the sender and receiver of the money, no third person can even know about it.

This e-RUPI Digital Payment facility has been developed with the support of both DFS (Department of Financial Services) and NHA (National Health Authority). It is operated by the National Payments Corporation of India (NPCI).

How does eRUPI work?

It is a cashless and contactless digital payment system, which will be received on the beneficiary’s phone in SMS S or QR code. It is similar to Prepaid Voucher.


It can be redeemed at any specific centre to be accepted without internet banking, debit-credit card and mobile app.

It would be best if you had a simple phone then you can get the benefit of it.

Transaction through e-rupee is speedy and reliable. The amount is already stored in it. It connects the sponsor of services (an individual or institution) with beneficiaries and service providers digitally without a physical interface.


Advantages of e-rupee

Next, you have been told about the benefits of e-RUPI; let’s know about these benefits.

  • e-RUPI can support small businesses to take advantage of government schemes.
  • Under this, whether the voucher has been used or not, it can also be tracked.
  • E-Rupee will keep the information of the beneficiaries completely confidential.
  • To get its service, the beneficiary has any mobile app, card, Internet banking or bank account that is not required.
  • Being a prepaid voucher, e-RUPI will assure the service provider of real-time payments.
  • It can also be used on ordinary phones. Therefore, it can also be used for those who do not have a Smartphone or where the Internet connection is weak.

How to get an E-RUPI facility?

The e-RUPI system has been built on the UPI platform by NPCI. NPCI has also added many banks in the country. These banks will be able to issue their E-Vouchers. Banks will issue their E-Voucher on their own UPI platform. In a way, this bank will be the issuing institution itself.

The government agency, corporation, or corporate has to approach its partner bank and give full details of the person and the payment’s purpose.


Beneficiaries will be identified by their mobile number only then SMS and QR code will be received. The voucher is allotted to the service provider by the bank in the name of the beneficiary.

Banks that issue eRUPI

NPCI has partnered with 11 banks for e-RUPI transactions. This is the bank.

  • ICICI Bank
  • Axis Bank
  • HDFC Bank
  • Bank Of Baroda
  • State Bank Of India
  • Indian Bank
  • Canara Bank
  • Union Bank Of India
  • Indus are bank
  • Mahindra Bank Box
  • Punjab National Bank

Where will E-RUPI be used?

NPCI has currently tied up with more than 1600 hospitals for e-RUPI. Where e-RUPI can be paid, E-rupee can be used for Pradhan Mantri Jan Arogya Yojana, Ayushman Bharat, and welfare schemes.


According to the news, it will be used extensively in the coming time. Along with this, private sector employees will also be able to get its benefits.

How is eRUPI different from Digital Currencies?

The purpose of starting e-RUPI is to bring digital currency to India, but e-RUPI is not a digital currency; it is a Social Service Voucher System (Social Service Voucher System).

E-rupee is different from Cryptocurrencies. Let us tell you that this prepaid voucher will be used to provide Welfare Subsidies, which allows doing businesses to buy services and goods to get benefits.


Future of e-rupee website  

Yes, guys… you read it right.

NPCI may soon launch an E-RUPI website. e-RUPI can provide services under Matru and Child Benefit Scheme, Ayushman Bharat Scheme, Tuberculosis Elimination Scheme and other welfare schemes.

If the name of Indian digital currency is taken, then only e-RUPI will be the first Indian digital currency. NPCI will be authorised to frame and control, and disseminate e-RUPI.


What is e-rupee?

E-rupee is a digital voucher based on Qr code or SMS; it is a new and easy way to make cashless and contactless payments.

Is it a secure medium of digital payment?

This Voucher can be redeemed only for the individual and the purpose for which it is used – if it is issued for maternal and child benefit.

How to get an e-rupee facility?

It is built on the UPI Platform. To avail of the facility of e-RUPI, you have to use UPI.


What did you learn today?

I hope that you must have liked this article of mine, what is e-form. It has always been my endeavour to provide complete information to the readers about how eRUPI works so that they do not have to search other sites or the internet in the context of that article.

This will also save their time, and they will also get all the information in one place. If you have any doubts about this article or you want that there should be some improvement in it, then you can write low comments for this.

If you liked this article on the Benefits of eRUPI or learned something, please share this post on Social Networks such as share on Facebook, Twitter, etc.

Ashish Kumar Mishra
Ashish Kumar Mishrahttps://www.spotnews18.com/
Ashish Kumar Mishra is the Founder and CEO of Spot News 18. He created Spot News 18 on 30 June 2019. His intention in making these News Websites was only to provide correct and official news to his readers. Now, he is working on Spot News 18 to expand his website's reach to all parts of the world.

Related News


Video: This Buffalo Dances Better Than Nora Fatehi; Watch Funny Viral Dance Video

Viral Dance Of Buffalo: Dance is such a talent, which would have been there in everyone, but very few people make it public. Like...

Attention 26 Crore Mobile Users Of The Country, Your Network May Be Closed Soon!

The crisis is deepening on Vodafone-Idea, a company called the country's most extensive mobile subscriber base. Vodafone-Idea has a debt of about 10 thousand...

Sperm Adopts These Tricks To Reach The Egg Of Women, A New Secret Is Revealed On Pregnancy

We all must have read in biology class that when a man's sperm (sperm) and a woman's egg (egg) meet, then an embryo is...

Farmers Are Earning Lakhs By Doing Makhana Farming; It Is Also Very Beneficial For Health

Fox Nut: In today's era, it is discussed a lot in two factors. One considers it a super food; two are the other class...

Deepak Hooda Out Of Africa Series, These Three Players Included In Team India

Deepak Hooda IND vs SA Series: The Indian team has to play a three-match T20 series against South Africa in their own home. After...