We at Mindgate take pride in to be processing the all-new e-RUPI transactions for 5 largest banks, within a record time. e-RUPI, an e-voucher-based digital payment solution connects the sponsors directly to the beneficiaries in a digital manner without any physical interface.
The e-RUPI platformoffers a cashless and contactless instrument for digital payments. It acts as an e-voucher based on a QR code or SMS string, which is delivered to the mobile phones of the beneficiaries.
The one-time payment mechanism of e-RUPI will allow users to redeem the voucher without a card, digital payments app, or internet banking access, at the service provider.
Revolutionizing the benefit delivery system, it aims at ensuring a leak-proof delivery of various welfare services, subsidiaries and national schemes needless of the end-user to be on any platforms such as a bank account, UPI, Wallets, etc. that helps in expanding the reach to everybody, including the unbanked citizens. This new platform also makes a strong use case for corporates gifting, CSR and more, giving corporate control over the end usage.