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e-RUPI digital payment platform launched
GS Paper - 3 (Economy)
Prime Minister on 2 August 2021 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. The users of this new 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.
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