The latest addition to India’s growing catalogue of digital payments solutions, voucher-based digital payment mode e-RUPI<\/a>, will create a transparent and efficient welfare delivery mechanism<\/a>, Prime Minister Narendra Modi said in the launch address of e-RUPI on Monday.

The purpose specific digital payment solution, developed by the
National Payments Corporation of India<\/a> in partnership with several government agencies, over its interoperable Unified Payments Interface<\/a> (UPI<\/a>) architecture will first be launched for covid vaccine dispensation at private hospitals, PM Modi said.

He added that the use cases for e-RUPI in subsequent years can be expanded from the delivery of various welfare subsidies linked to education, ration, healthcare, and fertilisers as well to relief efforts during natural calamities by different government, non-profit and corporate entities. It can also help in donations and scholarship programs for underprivileged sections of the society, Modi added.

“The launch of e-RUPI for digital transactions and
Direct Benefit Transfers<\/a> is a big step towards ensuring a more effective, transparent and leakage free welfare delivery system in India,” said PM Modi. “With this system, any government or non-government agency can avoid the use of cash to create a purpose specific voucher to intended beneficiaries. This will ensure that the funds will be utilised for its original purpose,” he added.

The payment system has been created by NPCI in association with the Department of Financial Services, Ministry of Health and Family Welfare and the
National Health Authority<\/a>. In essence e-RUPI is a digital payments mode which will be in the form of SMS strings or a Quick Response (QR) code delivered directly to beneficiaries of the intended welfare scheme without any intermediary network.

The pilot for e-RUPI will test its applications for free vaccine delivery, with broad scope also set to soon cover NHA’s PMJAY payouts as well as other digitised stamps based use cases for food delivery, fertilisers, healthcare benefits as well as scholarships and ration payments.

“Technology is a tool for social empowerment and transparency,” PM Modi said in the address. “During the pandemic, India has set an example with its Direct Benefit Transfer (DBT) architecture on effective delivery of benefits to the poor, when many countries struggled to find a solution.”

PM Modi also hailed India’s fintech and startup sectors for creating positive solutions towards social upliftment. Citing the UPI’s record volume in July where the channel reported an all-time high 324 crore transactions worth Rs 6.06 lakh crore, Modi said that indigenous payment solutions such as UPI, RuPay and Fastag have helped India lead digital payments innovations.

Now, the launch of e-RUPI marks the first issuance of a digital voucher in India that can be a purpose-specific substitute for bank notes, debit cards or biometric modes of payments. e-RUPI addresses main challenges with bank account based direct transactions such as lack of transparency on end-use, high authentication failure rates, inactive bank accounts as well as lack of cash out points in rural India, according to experts.

Earlier this month, the
Reserve Bank of India<\/a> deputy governor T Rabi Sankar in a speech also hinted that the central bank is working towards first of its kind Indian Central Bank Digital Currency (CBDC) – an Indian sovereign cryptocurrency.

However, e-RUPI would be different from a CBDC in that it won’t be interchangeable with cash or currency and can be redeemed only for the specific use case it has been created. NPCI and select banks – both public and private sector – onboarded as issuing entities will take payment orders from corporate or government agencies which will include the details of persons and the purpose for which payments will be booked. The authentication of the person can happen through the registered mobile number of intended beneficiaries.

The prepaid digital stamp is set to be accepted at enabled centres – first for vaccinations – without a mobile app or internet banking or any other physical interface.
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e-RUPI创建一个透明和有效的福利交付机制:莫迪点

目的特定的电子支付解决方案,由印度国家支付公司与一些政府机构合作,对其可互操作的统一支付接口(UPI)架构将首次推出covid疫苗分配在私立医院,下午莫迪说。

  • 更新2021年8月3日08:34点坚持
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最新的除了印度日益增长的电子支付解决方案的目录,voucher-based数字支付模式e-RUPI,将创建一个透明和高效福利交付机制莫迪,总理在e-RUPI的发布地址周一表示。

目的特定的电子支付解决方案,开发的印度的国家支付公司与一些政府机构合作,互操作统一的支付接口(UPI)架构将首先推出covid疫苗分配在私立医院,下午莫迪说。

他补充说,e-RUPI在随后几年的用例可以扩展的交付各种福利补贴与教育、配给、医疗、以及化肥在自然灾害救灾工作由不同的政府,非营利组织和企业实体。在捐赠和奖学金项目也可以帮助贫困的社会,莫迪补充道。

广告
“数字交易和e-RUPI的发射直接收益转移是一个很大的一步确保一个更有效、透明和泄漏免费福利输送系统在印度,”莫迪说点。“有了这个装置,任何政府或非政府机构可以避免使用现金来创建一个特定凭证收益人的目的。这将确保这些资金将用于最初的目的,”他补充道。

支付系统已经由NPCI与金融服务的部门,卫生和家庭福利和国家卫生行政部门。e-RUPI实质上是一种将数字支付模式将以短信的形式字符串或一个快速反应(QR)代码交付预期的直接受益者福利计划没有任何中介网络。

飞行员e-RUPI将测试其应用程序的免费疫苗交付,广阔的空间也将很快覆盖NHA PMJAY支出以及其他食品交付基于数字化邮票的用例,化肥,医疗福利以及奖学金和配给支付。

社会权力和透明度”技术是一个工具,”莫迪说下午的地址。“流感大流行期间,印度已经以身作则的直接收益转移(印度生物技术部)架构有效交付给穷人的好处,当许多国家努力找到解决的办法。”

点莫迪也称赞印度fintech和创业领域对社会提升创建积极的解决方案。援引UPI创纪录的体积的频道报道7月历史高点324卢比的交易价值十万的6.06卢比,莫迪说土著支付解决方案,比如UPI RuPay和Fastag帮助印度领先数字支付创新。

广告
现在,启动e-RUPI标志着首次发行的数字凭证在印度可以purpose-specific代替纸币,借记卡或生物的支付模式。e-RUPI地址主要挑战与银行账户直接交易缺乏透明度等基于最终用途,验证失败率高,不活跃的银行账户以及缺乏现金点在印度农村地区,据专家。

本月早些时候,印度储备银行副行长T拉比Sankar在一次讲话中还暗示,央行正在向印度央行首次数字货币主权cryptocurrency (CBDC)——印度。

然而,e-RUPI会不同于CBDC它不会与现金或货币互换,只能救赎已经创建了特定的用例。NPCI并选择银行-公共和私营部门作为发行实体机上需要付款的订单企业或政府机构包括人的细节和支付将预定的目的。人的身份验证可以通过注册手机号码发生预期的受益者。

预付卡邮票将被接受在启用中心-疫苗首次没有移动应用或网上银行或其他物理接口。

  • 发布于2021年8月3日凌晨08:33坚持
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The latest addition to India’s growing catalogue of digital payments solutions, voucher-based digital payment mode e-RUPI<\/a>, will create a transparent and efficient welfare delivery mechanism<\/a>, Prime Minister Narendra Modi said in the launch address of e-RUPI on Monday.

The purpose specific digital payment solution, developed by the
National Payments Corporation of India<\/a> in partnership with several government agencies, over its interoperable Unified Payments Interface<\/a> (UPI<\/a>) architecture will first be launched for covid vaccine dispensation at private hospitals, PM Modi said.

He added that the use cases for e-RUPI in subsequent years can be expanded from the delivery of various welfare subsidies linked to education, ration, healthcare, and fertilisers as well to relief efforts during natural calamities by different government, non-profit and corporate entities. It can also help in donations and scholarship programs for underprivileged sections of the society, Modi added.

“The launch of e-RUPI for digital transactions and
Direct Benefit Transfers<\/a> is a big step towards ensuring a more effective, transparent and leakage free welfare delivery system in India,” said PM Modi. “With this system, any government or non-government agency can avoid the use of cash to create a purpose specific voucher to intended beneficiaries. This will ensure that the funds will be utilised for its original purpose,” he added.

The payment system has been created by NPCI in association with the Department of Financial Services, Ministry of Health and Family Welfare and the
National Health Authority<\/a>. In essence e-RUPI is a digital payments mode which will be in the form of SMS strings or a Quick Response (QR) code delivered directly to beneficiaries of the intended welfare scheme without any intermediary network.

The pilot for e-RUPI will test its applications for free vaccine delivery, with broad scope also set to soon cover NHA’s PMJAY payouts as well as other digitised stamps based use cases for food delivery, fertilisers, healthcare benefits as well as scholarships and ration payments.

“Technology is a tool for social empowerment and transparency,” PM Modi said in the address. “During the pandemic, India has set an example with its Direct Benefit Transfer (DBT) architecture on effective delivery of benefits to the poor, when many countries struggled to find a solution.”

PM Modi also hailed India’s fintech and startup sectors for creating positive solutions towards social upliftment. Citing the UPI’s record volume in July where the channel reported an all-time high 324 crore transactions worth Rs 6.06 lakh crore, Modi said that indigenous payment solutions such as UPI, RuPay and Fastag have helped India lead digital payments innovations.

Now, the launch of e-RUPI marks the first issuance of a digital voucher in India that can be a purpose-specific substitute for bank notes, debit cards or biometric modes of payments. e-RUPI addresses main challenges with bank account based direct transactions such as lack of transparency on end-use, high authentication failure rates, inactive bank accounts as well as lack of cash out points in rural India, according to experts.

Earlier this month, the
Reserve Bank of India<\/a> deputy governor T Rabi Sankar in a speech also hinted that the central bank is working towards first of its kind Indian Central Bank Digital Currency (CBDC) – an Indian sovereign cryptocurrency.

However, e-RUPI would be different from a CBDC in that it won’t be interchangeable with cash or currency and can be redeemed only for the specific use case it has been created. NPCI and select banks – both public and private sector – onboarded as issuing entities will take payment orders from corporate or government agencies which will include the details of persons and the purpose for which payments will be booked. The authentication of the person can happen through the registered mobile number of intended beneficiaries.

The prepaid digital stamp is set to be accepted at enabled centres – first for vaccinations – without a mobile app or internet banking or any other physical interface.
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