e-RUPI connects the sponsors of the services with the beneficiaries and service providers in a digital manner without any physical interface. It also ensures that the payment to the service provider is made only after the transaction is completed. Being pre-paid in nature, it assures timely payment to the service provider without involvement of any intermediary.source https://economictimes.indiatimes.com/industry/banking/finance/banking/pm-modi-to-launch-e-rupi-on-august-2-heres-all-about-the-cashless-digital-payment-solution/articleshow/84968055.cms
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