India's digital currency push targets its leaky welfare systemWhile India's early efforts are modest compared with those of China, where more than 200 million people use the e-yuan, the world's most po...
India's digital currency push targets its leaky welfare systemIndia is piloting its digital rupee, the e-rupee, for welfare payments. This initiative aims to improve efficiency and reduce corruption in...
Make GST payments only by e-rupee, tokenisation can achieve total transparencyTo enhance the Goods and Services Tax (GST) system, the GST Council should mandate e-rupee use for payments to curb input tax credit fraud ...
RBI e-rupee: How to use central bank digital currencyThe e-rupee—India’s central bank digital currency (CBDC)—is issued in the same denominations as coins and bank notes. Users may transact wi...
Mobikwik partners with RBI, Yes Bank to roll out CBDC e-rupeesMobiKwik has made the e-rupee wallet accessible to all Android users, enabling peer-to-peer and peer-to-merchant transactions.
Cred joins RBI's digital currency project; first fintech to give access to CBDCCred becomes the first fintech platform in India to offer access to the e-rupee, a digital currency launched by the Reserve Bank of India. ...
Google, Amazon, Walmart-owned PhonePe seek to join RBI's digital currency project: SourcesIndian payment firms GooglePay, PhonePe, AmazonPay, and Indian fintech firm Cred are among five companies reportedly seeking to join the Re...
Digital Rupee transactions slump after reaching initial RBI targetIndia's digital currency, the e-rupee, has seen a sharp decline in usage, dropping to 10% of its December peak, sources reveal. Initially b...
Digital Rupee: SBI allows interoperability of UPI and Central Bank Digital Currency (CBDC)With the use of this innovative innovation, customers of the SBI CBDC will be able to quickly scan any retailer's UPI QR code for quick and...
How first-time users can register/sign up for e-rupeeIn the first pilot of central bank digital currency, few customers have been selected to be a part of the Closed User Group (CUG) in few lo...
Reliance General to accept CBDC e-Rupee through Yes BankCustomers who have an active e-wallet with any bank can scan Reliance General Insurance's eRupee QR code to make immediate payment, it said...
India’s e-rupee is here: What to expect from the retail CBDC pilotRBI launched the e-rupee pilot in 2022 and this marked a new milestone for the digital payments in the country.
How can you pay with e-Rupee at Reliance Retail stores?Reliance retail to accept e-rupee at stores now. How to pay with e-rupee? Ways to pay with e-rupee? Reliance retail e-rupee system launched...
Anand Mahindra buys fruits using India’s first-ever digital currency ‘e-rupee’; Shares video on twitter to show how it worksAnand Mahindra is making headlines for purchasing fruits using India’s first digital currency, the ‘e-rupee.’ The business tycoon shared a ...
eRupee can’t be turned into cash directly, for nowAccording to the RBI, the eRupee pilot project has progressed quite satisfactorily in a closed-user group and the number of users is gradua...
India's digital rupee fails to excite interest, bankers sayThe RBI has devised the e-rupee basically as a digital alternative to cash - one using blockchain distributed-ledger technology, to some de...
RBI CBDC: Should you opt for the e-rupee over UPI?CBDC is a legal tender issued by a central bank in digital form. It would be your regular, sovereign-backed currency note, only in a digita...