1 / 5

The e- rupee

Simply put, the retail e-rupee u2013 or the Central Bank Digital Currency-retail (CBDC-R) u2013 is a digital version of cash. It is legal tender issued by the central bank, but in electronic form. The e-rupee will be issued in the same denominations as currently available banknotes and coins. Users can transact via a digital wallet offered by their banks. <br>

Disha18
Télécharger la présentation

The e- rupee

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Thee- rupee Best payment Gateway in India

  2. What is the e-rupee? Simply put, the retail e-rupee – or the Central Bank Digital Currency-retail (CBDC-R) – is a digital version of cash. It is legal tender issued by the central bank, but in electronic form. The e-rupee will be issued in the same denominations as currently available banknotes and coins. Users can transact via a digital wallet offered by their banks. 

  3. How is it different from UPI?  One of the motivations behind launching a digital currency is to reduce settlement risk in the system. In the case of UPI transactions, the transfer of money involves a settlement process, where you place a request with your bank and the funds are then deducted from your account and transferred to the beneficiary’s account. 

  4. How do we start using the e-rupee? For now, the trial will only cover selected consumers and businesses in a closed user group, with only certain cities and banks involved. When the e-rupee is rolled out, users will be able to download an app – for example, Yes Bank has launched its digital rupee app – from their banks and transact in digital rupees.      

  5. Thank you!

More Related