PM Modi launches new digital payment system e-RUPI: Key points – Times of India
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NEW DELHI: Prime Minister Narendra Modi on Monday launched India’s new digital payment system e-RUPI via video conferencing.
It is developed by the National Payments Corporation of India (NPCI) on its UPI platform, in collaboration with the department of financial services, ministry of health & family welfare and national health authority.
Here are the key points from Modi’s address:
* e-RUPI voucher will enable digital transactions more prevalent in the country.
* Today the country is giving a new dimension to digital governance with e-RUPI.
* The voucher is going to play a vital role in making direct benefit transaction (DBT) more effective in digital transactions in India.
* It will help everyone in targeted, transparent and leakage free delivery.
* This technology will help not only the government but if any general organisation wants to help someone in their treatment, in their education or for any other work, then they will be able to give e-RUPI instead of cash.
* The platform will ensure that the money given by any organisation is used for the same work for which that amount was given.
* e-RUPI is person as well as purpose specific. Today thinking of the country is different and new. We are looking at technology as a tool to help the poor, a tool for their progress.
* e-RUPI is an example of how India is moving forward & connecting people in the 21st century with the help of advanced technology.
* I’m glad that it has started in the year when India is celebrating its 75th year of Independence.
* Today, India is showing the world that they are second to none in adopting technology and connecting with it.
* When it comes to innovations, use of technology in service delivery, India has the ability to give global leadership along with big countries of the world.
* e-RUPI is a cashless and contactless instrument for digital payment.
* It is a QR code or SMS string-based e-voucher, which is delivered to the mobile of the beneficiaries.
* It connects the sponsors of the services with the beneficiaries and service providers in a digital manner without any physical interface.
It is developed by the National Payments Corporation of India (NPCI) on its UPI platform, in collaboration with the department of financial services, ministry of health & family welfare and national health authority.
Here are the key points from Modi’s address:
* e-RUPI voucher will enable digital transactions more prevalent in the country.
* Today the country is giving a new dimension to digital governance with e-RUPI.
* The voucher is going to play a vital role in making direct benefit transaction (DBT) more effective in digital transactions in India.
* It will help everyone in targeted, transparent and leakage free delivery.
* This technology will help not only the government but if any general organisation wants to help someone in their treatment, in their education or for any other work, then they will be able to give e-RUPI instead of cash.
* The platform will ensure that the money given by any organisation is used for the same work for which that amount was given.
* e-RUPI is person as well as purpose specific. Today thinking of the country is different and new. We are looking at technology as a tool to help the poor, a tool for their progress.
* e-RUPI is an example of how India is moving forward & connecting people in the 21st century with the help of advanced technology.
* I’m glad that it has started in the year when India is celebrating its 75th year of Independence.
* Today, India is showing the world that they are second to none in adopting technology and connecting with it.
* When it comes to innovations, use of technology in service delivery, India has the ability to give global leadership along with big countries of the world.
* e-RUPI is a cashless and contactless instrument for digital payment.
* It is a QR code or SMS string-based e-voucher, which is delivered to the mobile of the beneficiaries.
* It connects the sponsors of the services with the beneficiaries and service providers in a digital manner without any physical interface.
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