India's e-RUPI: Cryptocurrency, payment app, or something else? | Explained
Published on Aug 03, 2021 07:50 am IST
- On August 2, the Indian government launched the e-RUPI digital payment system. So is it a cryptocurrency like Bitcoin, or a payment platform like Paytm? The new system is neither. e-RUPI is a digital voucher which is like a prepaid e-gift card. It is sent as a QR code or SMS string to the beneficiary's mobile phone where it can be scanned by a welfare service provider to complete the transaction. Watch the full video for more.
RELATED VIDEOS
How walkable is Delhi? Even rare patches of footpaths unusable in NFC
Published on Jul 10, 2026 09:05 pm IST
Indian ex-Envoy who was recalled over Nijjar case reacts to Canada's u-turn
Published on Jul 10, 2026 03:59 pm IST
On Cam: How Indonesian fighter jets welcomed Indian PM Narendra's Modi
Published on Jul 08, 2026 11:23 pm IST
Lashkar terrorist killed in joint security operation in J&K's Shopian
Published on Jul 08, 2026 10:42 pm IST
How walkable is Delhi? Urban planning expert shows rare ideal footpath stretch
Published on Jul 09, 2026 09:58 am IST
Wayanad landslide deaths rise: IMD issues rain red alert| Kerala
Published on Jul 07, 2026 10:29 pm IST
Hi, {{name}}
Sign out
{{planName}}
{{^userSubscribed}}
{{/userSubscribed}}