What is e-RUPI?

What is e-RUPI?

Enhancement of the Cap under e-RUPI (Prepaid digital Vouchers using UPI)

What is e-RUPI?

The e-RUPI prepaid digital voucher, developed by the National Payments Corporation of India (NPCI) and launched in August 2021, is a person-specific and purpose-specific cashless voucher and can be used by individuals, corporates, or governments.

e-RUPI runs on the UPI platform and has a cap of ₹10,000/- per voucher and each voucher can be used/redeemed only once.

Present Use Cases?
e-RUPI vouchers are presently being used largely for COVID-19 vaccination purposes. There are other use cases being actively considered by various State Government and Central Government Ministries / Departments.

New Changes – Limits Enhancements?

To facilitate the digital delivery of various government schemes to the beneficiaries, it is proposed to increase the cap on the amount for e-RUPI vouchers issued by Governments to ₹1,00,000/- per voucher and allow the use of the e-RUPI voucher multiple times (until the amount of the voucher is completely redeemed).

To follow?
Necessary instructions to NPCI will be issued separately.

#payments #digital #india #covid #npci

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