Good News - e-RUPI will launch tomorrow; no need for card, net banking to redeem voucher. Check how it works

shraaj wrote:

INTERESTING FACT- NPCI is Owned by PSU Banks (Government) Indirectly, Read Full

NPCI is owned by, The ten core promoter banks are State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank N. A. and HSBC. In 2016 the shareholding was broad-based to 56 member banks to include more banks representing all sectors.

National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India.

Considering the utility nature of the objects of NPCI, it has been incorporated as a “Not for Profit” Company under the provisions of Section 25 of Companies Act 1956 (now Section 8 of Companies Act 2013), with an intention to provide infrastructure to the entire Banking system in India for physical as well as electronic payment and settlement systems. The Company is focused on bringing innovations in the retail payment systems through the use of technology for achieving greater efficiency in operations and widening the reach of payment systems

Proof-
1.NPCI Website>About Us>2nd Para https://www.npci.org.in/who-we-are/ab...us
2 Image Link- .https://ibb.co/2...7z

Now Coming towards the NPCI Owned by Whom? It is an Indirectly/Technically Government Company. Now see Why I am saying this because as already NPCI Website Says it is Owned by 10 Promoters Bank like State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank N. A. and HSBC. Now, Just Remove the Last 4 Banks and Now You can see (60% out of 10 is of PSU Banks): smile: Later on Now 56 Banks are owing NPCI

@phoenix1386 @abhishek012

Isskeliye toh alag thread banni chahiye ,Ye title hei isko front page pr laao re

By the way, I Love NPCI Products such as UPI

1. RuPay
2. BHIM
3. NACH
4. IMPS
5. NETC Fastag
6. *99#
7. CTS
8. NFS
9. AePS
10. BHIM Aadhaar

They made the TRUE Digitalisation of India!

RSHARMA966 wrote:

Isskeliye toh alag thread banni chahiye ,Ye title hei isko front page pr laao re

Apne Paas knowledge hai bro ,isilye apne comments bhi thread jaise hote hai

IN DETAILED WITH PROOF

shraaj wrote:

By the way, I Love NPCI Products such as UPI

1. RuPay
2. BHIM
3. NACH
4. IMPS
5. NETC Fastag
6. *99#
7. CTS
8. NFS
9. AePS
10. BHIM Aadhaar

They made the TRUE Digitalisation of India!

*99# tha toh iski jaroorat hee nhi bachi

Hope it works. Still there are scamsters out there, will try to cheat those people in need of such services

Hope it’s not powered by Woohoo

RSHARMA966 wrote:

*99# tha toh iski jaroorat hee nhi bachi

*99# was meant for poor that’s why always remainined chargeable that too not per transaction charge but per dial charge

Name e-RUPA rakh dete to kuch royalty RUPA bhi de deti 😁

botlike wrote:

Seriously I admire op for posting every rupay and npci information which he gets

But I hate this illusion of creating UPI is free

For UPI to work
U need a mobile phone+recharge
Unlike debit card which doesn’t require you to have a mobile phone or active SMS pack.

All those 1rs 2rs cb offered are for making people dependant on UPI for even day to day payments and then one fine day they will bring charges for UPI as well

It is a scary prospect, just how much this government is pushing mobile phones on people. Today I cannot bank without a mobile phone because of those OTPs. This dependence is not a good sign. And bhakts just keep licking whatever is thrown at them without thinking about things for themselves.

shraaj wrote:

INTERESTING FACT- NPCI is Owned by PSU Banks (Government) Indirectly, Read Full

NPCI is owned by, The ten core promoter banks are State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank N. A. and HSBC. In 2016 the shareholding was broad-based to 56 member banks to include more banks representing all sectors.

National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India.

Considering the utility nature of the objects of NPCI, it has been incorporated as a “Not for Profit” Company under the provisions of Section 25 of Companies Act 1956 (now Section 8 of Companies Act 2013), with an intention to provide infrastructure to the entire Banking system in India for physical as well as electronic payment and settlement systems. The Company is focused on bringing innovations in the retail payment systems through the use of technology for achieving greater efficiency in operations and widening the reach of payment systems

Proof-
1.NPCI Website>About Us>2nd Para https://www.npci.org.in/who-we-are/ab...us
2 Image Link- .https://ibb.co/2...7z

Now Coming towards the NPCI Owned by Whom? It is an Indirectly/Technically Government Company. Now see Why I am saying this because as already NPCI Website Says it is Owned by 10 Promoters Bank like State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank N. A. and HSBC. Now, Just Remove the Last 4 Banks and Now You can see (60% out of 10 is of PSU Banks): smile: Later on Now 56 Banks are owing NPCI

@phoenix1386 @abhishek012

Same baat mai bhi toh bolta hu. NPCI ek private company ha but NPCI ko indirectly owned karte ha govt banks.

isme difference kya ?

Paheli baat toh central govt or state govt salaries nhi deta ha NPCI employees ko. na unhe pension milte ha aur na ki govt benefit jo govt employees ko milte ha. Agar sahi se kam nhi karoge toh dhakke maar k job se nikal dega.

Phir work culture me difference ha.

NPCI office me amazon, google k offices k tarah tum Play station me game khel sakte ho, restaurants ha, guitar baja sakte ho. Ek corporate companies k jo work culture hote ha woh tumhe NPCI me milega kyunki NPCI is a private company.

India me bohot se aise private companies ha, jisko indirectly govt owned karta ha. Par woh govt nhi ha.

Yeh bohot badi difference create karta ha kyunki, yaha logo ka bolta na ki NPCI me PSU banks k tarah log kam nhi karte ha aisa blame karte ha. Jaise SBI me bolte ha lunch k baad aana, waise same yaha desidime me kuch log bol raha tha NPCI ka bhi yehi halaat ha.

Kuch years pahele ki baat ha. mera ek friend bol raha tha, NPCI me ekbar job lag gaya bas maje ki life, kyunki woh samjh raha tha NPCI ek govt companies ha. usko lag raha tha ab jab tak retire nhi hoga, NPCI me he jo kam karte ha karte raheta ha jindegi bhar. par yeh sab nhi ha. yeh galat information ha.

NPCI ek private company ha aur NPCI waise he kam karta ha jaise Amazon, Google, Reliance, Airtel, TATA etc companies kam karte ha.

pinkman wrote:

Hope it works. Still there are scamsters out there, will try to cheat those people in need of such services

You can’t pay to any other services.

Suppose if your e-RUPI voucher issue for medicine purchase then your e-RUPI used only for medicine purchase, i mean you can’t pay to any other goods or services.

This will help everyone in targeted, transparent and leakage free delivery.

Not only the government, if any general organisation wants to help someone in their treatment, in their education or for any other work, then they will be able to give e-RUPI instead of cash.

This will ensure that the money given is used for the same work for which that amount has been given.

It is a QR code or SMS string-based e-voucher, which is delivered to the mobile of the beneficiaries.

The users of this seamless one-time payment mechanism will be able to redeem the voucher without a card, digital payments app or internet banking access.

To begin with, e-RUPI facility is available for health services and will be expanded to other segments.

This is just the e-version of travellers’ cheques. Nothing more. But the bhakts and low-IQ people will hail it as a masterstroke.

abhishek012 wrote:

Same baat mai bhi toh bolta hu. NPCI ek private company ha but NPCI ko indirectly owned karte ha govt banks.

isme difference kya ?

Paheli baat toh central govt or state govt salaries nhi deta ha NPCI employees ko. na unhe pension milte ha aur na ki govt benefit jo govt employees ko milte ha. Agar sahi se kam nhi karoge toh dhakke maar k job se nikal dega.

Phir work culture me difference ha.

NPCI office me amazon, google k offices k tarah tum Play station me game khel sakte ho, restaurants ha, guitar baja sakte ho. Ek corporate companies k jo work culture hote ha woh tumhe NPCI me milega kyunki NPCI is a private company.

India me bohot se aise private companies ha, jisko indirectly govt owned karta ha. Par woh govt nhi ha.

Yeh bohot badi difference create karta ha kyunki, yaha logo ka bolta na ki NPCI me PSU banks k tarah log kam nhi karte ha aisa blame karte ha. Jaise SBI me bolte ha lunch k baad aana, waise same yaha desidime me kuch log bol raha tha NPCI ka bhi yehi halaat ha.

Kuch years pahele ki baat ha. mera ek friend bol raha tha, NPCI me ekbar job lag gaya bas maje ki life, kyunki woh samjh raha tha NPCI ek govt companies ha. usko lag raha tha ab jab tak retire nhi hoga, NPCI me he jo kam karte ha karte raheta ha jindegi bhar. par yeh sab nhi ha. yeh galat information ha.

NPCI ek private company ha aur NPCI waise he kam karta ha jaise Amazon, Google, Reliance, Airtel, TATA etc companies kam karte ha.

Reliance ke launch mei Ambani aata hei

Airtel ke mei mittal

Amazon mei bezos

Aur npci mei 😁
(Npci ke paas kami hogayi hei kya CEO ki)

RSHARMA966 wrote:

Reliance ke launch mei Ambani aata hei

Airtel ke mei mittal

Amazon mei bezos

Aur npci mei 😁
(Npci ke paas kami hogayi hei kya CEO ki)

Sharma Ji aap bhi na band bajane mein maahir ho 😁

Ab dholakpur mai bhi sab digital payment krege..

RSHARMA966 wrote:

Reliance ke launch mei Ambani aata hei

Airtel ke mei mittal

Amazon mei bezos

Aur npci mei 😁
(Npci ke paas kami hogayi hei kya CEO ki)

NPCI k maximum har launch me NPCI k CEO Dilip Asbe he aata ha.

Modi ji NPCI product k Brand ambassador samjhlo, isiliye Modi Ji bhi aate ha jab kuch bada launch hota ha toh.

If you remember, Jio jab launch hua tha toh har Jio product k launch event me “Shahrukh khan” aa kar har chiz bataya karta tha.

Airtel k har new product launch pe TV par woh “Airtel Girl” aa kar bolti ha, na ki Airtel ka CEO.

Mastercard k India me new product launch me MS Dhoni aata ha, na ki uska CEO Michael Miebach or former CEO Ajay Banga.

Kuch aise bhi companies ha jiska CEO Aur Brand ambassador woh khud ha kyunki woh khud ek famous person ha like SpaceX & Tesla company k founder Elon Musk.

Same Reliance company k CEO Mukesh Ambani khud ek famous person ha, isiliye promotion khud karta ha ab.

Hope baat tumhe samjh me aa gaya hoga.

abhishek012 wrote:

NPCI k maximum har launch me NPCI k CEO Dilip Asbe he aata ha.

Modi ji NPCI product k Brand ambassador samjhlo, isiliye Modi Ji bhi aate ha jab kuch bada launch hota ha toh.

If you remember, Jio jab launch hua tha toh har Jio product k launch event me “Shahrukh khan” aa kar har chiz bataya karta tha.

Airtel k har new product launch pe TV par woh “Airtel Girl” aa kar bolti ha, na ki Airtel ka CEO.

Mastercard k India me new product launch me MS Dhoni aata ha, na ki uska CEO Michael Miebach or former CEO Ajay Banga.

Kuch aise bhi companies ha jiska CEO Aur Brand ambassador woh khud ha kyunki woh khud ek famous person ha like SpaceX & Tesla company k founder Elon Musk.

Same Reliance company k CEO Mukesh Ambani khud ek famous person ha, isiliye promotion khud karta ha ab.

Hope baat tumhe samjh me aa gaya hoga.

@RSHARMA966 ye lijiye Sharma Ji abhi petrol diesel se pet nahi bhara hai unka ab “private companies” ke brand ambassador bhi banenge abhi

phoenix1386 wrote:

From the title post:

1. “Even if a person does not have a smart phone or a bank account, they can use e-RUPI vouchers.”

2. “E-RUPI is not any platform. It is a voucher meant for specific services. E-RUPI vouchers are purpose-specific and even if one does not have a bank account or a digital payment app or a smartphone can benefit from these vouchers. That is the difference.”

3. “No card or hard copy of the voucher is needed for redeeming these. The QR code received via message is enough.”


From NPCI website:
“e-RUPI would be shared with the beneficiaries for a specific purpose or activity by organizations or Government via SMS or QR code.”

“Contactless – Beneficiary should not carry a print out of the voucher.”



I hope it is clear what I am pointing towards. lekin bhakton ko thoda khul ke bataana padega.. so here goes:

This man and this government is all about marketing and that, too, complete falsehood and utter lies. Meanwhile, bhakts dance that wow no smartphone needed. Dimaag chhoda nahi hai sochne ke liye..

1. QR code ya SMS kahaan aayega if smartphone not needed?
2. If smartphone is not needed as bhakts are pointing out in bold, then how is printout not needed? (back to point 1 about sharing)

Also, do not come and say since JioPhone is not a smartphone, it is a feature phone, uspe share karenge and hence we said no smartphone required. Do not insult your intelligence that way, please.

Classic marketing by this team that is getting boring to see now.

You’re a sick person. Get yourself checked.

abhishek012 wrote:

You can’t pay to any other services.

Suppose if your e-RUPI voucher issue for medicine purchase then your e-RUPI used only for medicine purchase, i mean you can’t pay to any other goods or services.

This will help everyone in targeted, transparent and leakage free delivery.

Not only the government, if any general organisation wants to help someone in their treatment, in their education or for any other work, then they will be able to give e-RUPI instead of cash.

This will ensure that the money given is used for the same work for which that amount has been given.

It is a QR code or SMS string-based e-voucher, which is delivered to the mobile of the beneficiaries.

The users of this seamless one-time payment mechanism will be able to redeem the voucher without a card, digital payments app or internet banking access.

To begin with, e-RUPI facility is available for health services and will be expanded to other segments.

You can simply exchange the code with someone else, right? Just like trading on DD?

BTW how do they track txn purpose? Through MCC? Or will these codes be valid only with specific merchants?

drupal wrote:

@RSHARMA966 ye lijiye Sharma Ji abhi petrol diesel se pet nahi bhara hai unka ab “private companies” ke brand ambassador bhi banenge abhi

Ab bas bhai iss thread mei aur nhi.

BHAKT IT CELL MEMBERS NE BOHT KAAM KARLIA HEI.

KAHI MERE PHONE MEI BHI PEGASUS NA AAJAYE

deep_ wrote:

You’re a sick person. Get yourself checked.

Indeed. Desh ke is naye baap ki baaton mein nahi aa raha, mo-mootra ko amrit samajh gatak nahi raha, hence I am sick. Yes. I agree. I am sick of the ones who do.

Further, I never got personal with anyone the way you did with me, and I will not start. But, thank you. It just tells me how desperate bhakts get when they and their thoughts are not validated but contradicted.

Also, what did I do? I just quoted from two places, and only raised queries regarding the stated contradictions. Any “normal” human would never have responded the way you did to those simple queries and statements.

Wah,E-rupi ,when many ppl struggling to earn a rupee .

rajarew wrote:

Wah,E-rupi ,when many ppl struggling to earn a rupee .

Bas telecom companies ko recharge ka paisa dete raho, humein GST dete raho.. roti ka intezaam ho ya na ho.. aapki kamaai hoye na hoye, aap jaaniye. Humaara aur humaaron ka khayaal rakhiye bas.

phoenix1386 wrote:

Indeed. Desh ke is naye baap ki baaton mein nahi aa raha, mo-mootra ko amrit samajh gatak nahi raha, hence I am sick. Yes. I agree. I am sick of the ones who do.

Further, I never got personal with anyone the way you did with me, and I will not start. But, thank you. It just tells me how desperate bhakts get when they and their thoughts are not validated but contradicted.

Also, what did I do? I just quoted from two places, and only raised queries regarding the stated contradictions. Any “normal” human would never have responded the way you did to those simple queries and statements.

Let me tell you why you are sick. @abhishek012 posts everything about Rupay and prepaid cards and other related technologies. This is not the first time you’ve seen him do this. Rupay is financial tech. e-Rupi is also a financial tech. How did this become about Modi and ‘Bhakts’. How come something made in our country for financial advancement and inclusion become about Modi n well, only Modi. Rupay is a tech same as NEFT n RTGS n IMPS. Who did you blame when these got launched

It seems one day you will wake up (and this guy too @drupal ) and doesn’t get fresh properly and eventually start blaming ‘Modi’ for it.

This might happen, so get yourself checked.

Hating a politician is one thing..But start hating your country and every country made product basis of that That’s obsurd. Start doing yoga and get some mental peace. Oh wait, that’s also Modi sponsored. Find some foreign technique for your mental balance.

Again, bhakts and facts never align.

I took two sentences from his post, two from NPCI’s website, and raised queries about how this is contradictory. The next thing I did was talk about how this is going to hurt the ones who are supposedly the intended recipients of this facility.

What these bhakts do not understand is that nothing is being done here for the poor. It is done for the benefit and mirage of the vote bank which is the very bhakts.

And there needs to be a giving heart to sponsor anything except hatred and polarisation.

Once again, I have never made personal attacks against anyone, like you are doing, twice over. Mirchein lag rahi hain, I can understand. We do not like it when someone accuses our fathers of something, whether or not they are right in accusing. It is human nature.

@drupal and I would go get ourselves checked, thank you for your concern. We would like to keep testing ourselves, if our faculties of thought are working alright, if our minds and will still belong to us, or are we showing signs of becoming bhakts? We would like to keep ourselves checked, yes. Thank you for your concern.

phoenix1386 wrote:

Again, bhakts and facts never align.

I took two sentences from his post, two from NPCI’s website, and raised queries about how this is contradictory. The next thing I did was talk about how this is going to hurt the ones who are supposedly the intended recipients of this facility.

What these bhakts do not understand is that nothing is being done here for the poor. It is done for the benefit and mirage of the vote bank which is the very bhakts.

Once again, I have never made personal attacks against anyone, like you are doing, twice over. Mirchein lag rahi hain, I can understand. We do not like it when someone accuses our fathers of something, whether or not they are right in accusing. It is human nature.

The thing is, Bhakhts did not launch Rupay or e-Rupi, neither did ‘Modi’. Where did this Bhakht jump into discussion? How did Modi jump in the discussion.

That’s whats wrong with you. Smjh rhe ho aap? Smjh rhe ho aap??

deep_ wrote:

The thing is, Bhakhts did not launch Rupay or e-Rupi, neither did ‘Modi’. Where did this Bhakht jump into discussion? How did Modi jump in the discussion.

That’s whats wrong with you. Smjh rhe ho aap? Smjh rhe ho aap??

Modi did not launch e₹UPI today? Oh, well. Samajh gaya main.

phoenix1386 wrote:

Modi did not launch e₹UPI today? Oh, well. Samajh gaya main.

If Shahrukh comes promoting Jio, that means Shahrukh ne Jio launch kiya hai?? Oh well. Smjh gya mai.

You used the word launch. Launching is exactly what Modi does. All the time. Promotion is something else.

phoenix1386 wrote:

Modi did not launch e₹UPI today? Oh, well. Samajh gaya main.

And just for your information, Rupay/e-Rupi is a product of NPCI, and NPCI doesn’t represent Modi. It represents India. NPCI will work the same way and keep launching new innovations even after Modi n BJP is long gone. You just don’t understand this simple fact.