PM Modi to launch e-RUPI on August 2. Here's all about the cashless digital payment solution

​e-RUPI connects the sponsors of the services with the beneficiaries and service providers in a digital manner without any physical interface. It also ensures that the payment to the service provider is made only after the transaction is completed. Being pre-paid in nature, it assures timely payment to the service provider without involvement of any intermediary.

from Banking/Finance-Industry-Economic Times https://ift.tt/37aWagH