What is e-RUPI?

National Payments Corporation of India (NPCI) in association with Department of Financial Services (DFS), National Health Authority (NHA), Ministry of Health and Family Welfare (MoHFW), and partner banks, has launched an innovative digital solution – ‘e-RUPI’.

The users of this seamless one-time payment mechanism will be able to redeem the voucher without a card, digital payments app or internet banking access, at the merchants accepting e-RUPI. e-RUPI would be shared with the beneficiaries for a specific purpose or activity by organizations or Government via SMS or QR code.

This contactless e-RUPI is easy, safe and secure as it keeps the details of the beneficiaries completely confidential. The entire transaction process through this voucher is relatively faster and at the same time reliable, as the required amount is already stored in the voucher.

Benefits for Corporates

• Corporates can enable well-being of their employees
• End to end digital transaction and doesn’t require any physical issuance hence leading to cost reduction
• Voucher redemption can be tracked by the issuer
• Quick, safe & contactless voucher distribution

Benefits for Hospitals

• Easy & Secure - Voucher is authorized via a verification code
• Hassle free & Contactless payment collection - Handling of cash or cards is not required
• Quick redemption process - The voucher can be redeemed in a few steps and lesser decline due to pre-blocked amount

Benefits to the Consumer

• Contactless - Beneficiary should not carry a print out of the voucher
• Easy redemption - 2 step redemption process
• Safe and Secure - Beneficiary doesn’t need to share personal details while redemption hence privacy is maintained
• No digital or bank presence required - Consumer redeeming the voucher need not have a digital payment app or a bank account

Banks live with e-RUPI

Sr. No.	Bank Name	Issuer	Acquirer	Acquiring App / Entity
1	Axis Bank	✔	✔	Bharat Pe
2	Bank of Baroda	✔	✔	BHIM Baroda Merchant Pay
3	Canara Bank	✔		NA
4	HDFC Bank	✔	✔	HDFC Business App
5	ICICI Bank	✔	✔	Bharat Pe & PineLabs
6	Indusind Bank	✔		NA
7	Indian Bank	✔		NA
8	Kotak Bank	✔		NA
9	Punjab National Bank	✔	✔	PNB Merchant Pay
10	State Bank of India	✔	✔	YONO SBI Merchant
11	Union Bank of India	✔		NA