Know what is e-RUPI cashless payment system and benefits to be made available under it

PM Narendra Modi will launch a new digital payment system today that is both cashless and contactless, which is called e-RUPI. The e-RUPI system is being rolled out by the National Payments Corporation of India (NPCI) and partner banks. A number of benefits will be linked to the e_RUPI system tat will apply to consumers, welfare schemes, corporates, hospitals and more. A number of banks have been linked to the e_RUPI system to make it as widely available as possible. The list includes Punjab National Bank, State Bank of India, Axis Bank, HDFC Bank, ICICI Bank and more.