RBI to Launch Retail Digital Rupee
15:14
RBI to Launch Retail Digital Rupee
Dec 1, 2022
drishtiias.com
The next chapter of digital payments begins here. Digital Rupee (e₹), India’s official digital currency issued by the Reserve Bank of India, is now available on the YES Pay Next app. It’s an RBI-issued legal tender that offers a new way to pay that’s secure, seamless, and reliable. Add funds to your Digital Rupee wallet and enjoy quick transfers and smooth merchant payments, all within a few taps. Now live for Android users on the YES Pay Next app. Step into the future of payments today. #YESBAN
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E-rupee India's Digital Currency #finance #india India’s Digital Currency Revolution is finally here, and it’s called e-Rupee! The Reserve Bank of India has devised the e-Rupee as a digital alternative to physical cash, using blockchain distributed-ledger technology. And it is now available through Digital Rupee App of all major banks!! Want to know more then check out the whole reel ☝️ Do note that this is still in initial stages and is invite only pilot program in some banks. Source of images:
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