E-RUPI

byPaytm Editorial TeamLast Updated: August 12, 2025

Definition

E-RUPI is a digital voucher system launched by the Government of India. It delivers prepaid, purpose-specific vouchers to beneficiaries via SMS or QR code for health, education, or welfare services.

Key Features

  • Contactless and cashless
  • No bank account or card needed
  • Can be used at specific service locations
  • Promotes targeted and leak-proof benefits

E-RUPI helps ensure the direct delivery of welfare schemes without delays or misuse.

You May Also Like

P2P PaymentLast Updated: September 16, 2025

Definition P2P payment stands for Peer-to-Peer payment, which means transferring money directly between individuals using digital platforms like…

Double Taxation AvoidanceLast Updated: December 12, 2025

Meaning & Definition Double Taxation Avoidance refers to agreements or rules that prevent the same income from being…

UPI Merchant Dashboard APILast Updated: October 21, 2025

Definition UPI Merchant Dashboard API allows merchants to view transaction summaries, refunds, and payment analytics via their applications.…

Wallet KYCLast Updated: August 19, 2025

Meaning KYC stands for Know Your Customer. Wallet KYC is the process of verifying a user’s identity to…