PM Narendra Modi has always promoted digital methods of payment.
He is set to launch the e-RUPI with the help of virtual mode. It is being brought to help the beneficiary to get the money via a safe mode. It will have very less number of checkpoints between government and the bearer.
The PMO in a statement has said that the concept of electronic voucher is a step which will enhance good governance in the country.
It will be a contactless digital payment method which is developed by National Payment Corporation of India along with the financial services of India and also the Union ministry of Health and Family welfare.
The whole system will be based on QR Code and SMS delivery, which the users can redeem without any card, digital payment method or even internet banking.