Sunday is the festival of Rakshabandhan. Give cashless gifts to your sisters this year which will be better in every respect. In such a situation, SBI has brought e-RUPI for you. It is completely cashless and contactless.
This is the second Rakshabandhan in the Corona period. In such a situation, it would be best and safest to give cashless and contactless gifts to your sisters this time. SBI has brought you e-RUPI. With the help of this, you can give cashless gifts to your sisters as love. This is the new rupee of new India. Finally, let us know in detail about what is e-rupee.Also Read: Indian Railways: New features for Vande Bharat trains, check out new upgrades
This is a prepaid e-voucher. It is a one time voucher which has a fixed validity. It is used in such places where you want to make a special gift to someone special. It is completely contactless and cashless. Along with this, it is a fully secured transaction. So there is no chance of fraud. This is a transaction in which personal data is also protected and your privacy is fully taken care of.Also Read: Income Tax will not be deducted from salary every month, these 7 best ways will do tension free in a pinch
Explore e-RUPI, a new way of cashless & safe digital transactions.
To know more about e-RUPI, visit: https://t.co/Sn5qPiE4Hl#SBI #eRUPI #DigitalTransactions #DigitalIndia #StateBankOfIndia pic.twitter.com/JMxFzeRC7J
— State Bank of India (@TheOfficialSBI) August 21, 2021
NPCI has prepared e-RUPI
National Payment Corporation of India i.e. NPCI has launched e-RUPI in association with Department of Finance (DFS), National Health Authority (NHA), Ministry of Health and Family Welfare (MoHFW) and banks. It was launched by Prime Minister Narendra Modi on 2 August 2021.Also Read: Raksha Bandhan 2021 Rakhi stickers on WhatsApp know How to post video status
Works with SMS or QR code
e-RUPI is a cashless and contactless digital payment medium which is sent in the form of SMS or QR code to the mobile phone of the beneficiary. It is like a prepaid gift-voucher. This voucher can be redeemed without any credit or debit card, mobile app or internet banking.
How e-RUPI Vouchers will be issued
This system has been developed by NPCI on the UPI platform. Banks do the work of issuing these vouchers. Its beneficiary is identified by its mobile number. A voucher in the name of a person will be given to the service provider by a bank only to that person.Also Read: Indian Railways northern railways to run special trains from 25 august 2021 check fare timetable and other details
e-RUPI works even on basic phones
It is not necessary for the beneficiary to have a bank account for e-Rupee. It has a different feature as compared to other mediums of digital transaction. This ensures a two-step process of easy and contactless transactions. Personal details are not required for this. Another special feature of this is that e-Rupee is also operated on basic phones.
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