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e-Rupi digital payment system

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            e-Rupi Digital Payment System to Be Launched Today Cashless and a contactless instrument for digital payment Launch   Prime Minister Narendra Modi will launch e-Rupi a digital payment solution that is person and purpose-specific.   What is e-Rupi? 1.      It is a cashless and contactless  instrument for digital payment 2.      It is developed by National Payments Corporation of India 3.      It ensures timely payment without involvement of intermediary 4.      It connects sponsors of the services with beneficiaries & service provider in a digital manner with physical interface   Working It is a QR code or SMS string-based e-voucher that is delivered to the mobile of the beneficiaries. The users of this one-time payment mechanism will be able to redeem the voucher without a card, digital payment app, or internet banking access, at the service provider.   Purpose 1.      To ensure that the benefits reach its intended beneficiaries in a targeted and leak-proof manner. 2.