Cred e-Rupee Launched! Anyone Tried It Yet?

[Dr.Anand456Dr.Anand456 is verified member.]

Cred has recently introduced the Cred e-Rupee wallet.

Has anyone had the chance to try it yet? I've received an early access invitation and am curious about its features, benefits, and overall experience. If you've used it, please share your insights and thoughts below!

 

[kuchbhikuchbhi is verified member.]

i haven't seen anyone using e rupee yet

upi hi jeevan rao yapan ka sahara ban gyi hai

 

[knowbie]

Onboarding took multiple tries over 3 days. They do identify verification via Digi locker. Then eKYC and then Device binding.

It seems to be an eRupee wallet, similar to wallets provided most banks.

In terms of use case - well if they introduce interest on these wallet balances only then people will use these over UPI

 

[Dr.Anand456Dr.Anand456 is verified member.]

Onboarding took multiple tries over 3 days. They do identify verification via Digi locker. Then eKYC and then Device binding.

It seems to be an eRupee wallet, similar to wallets provided most banks.

In terms of use case - well if they introduce interest on these wallet balances only then people will use these over UPI

Yes, that's right. I also enrolled in it today. So far, I haven't found any significant use case for this virtual wallet. I haven't noticed any extra discounts or benefits either. Let's see if we get to see any benefits in the future.

 

[Pissant]

I only use erupee to buy crypto p2p

 

[Sobirvs]

I added 100 rs in erupee icici app like umm, 8-9 months back may be. Thought i might use it and see how it feels. 6 months, never found a merchant hence 1-2 months back transferred back to bank.

Now just yesterday I saw a chicken shop actually had e rupee QR saying they accept it lol

 

[_deb_]

RBI needs to promote e rupee and spread awareness. We don’t even know where to use this. UPI transaction is easier.