Live Digital eRupee P2M transaction (Select users)

[VISHESH_BANSAL]

Difference between UPI and E-Rupee.

Agar abh bhi nhi smjhe toh bhai Problem E-Rupee m nhi kisi aur cheez m hai🤣

 

[RkrRkr is verified member.]

Difference between UPI and E-Rupee.

Agar abh bhi nhi smjhe toh bhai Problem E-Rupee m nhi kisi aur cheez m hai🤣

Sahi pakde hai..🤣🤣🤣

 

[RupayMan]

Difference between UPI and E-Rupee.

Agar abh bhi nhi smjhe toh bhai Problem E-Rupee m nhi kisi aur cheez m hai🤣

How we do load the cbdc wallet in first place?

 

[VISHESH_BANSAL]

How we do load the cbdc wallet in first place?

Using Bank Account.

Hard Cash kha se milta hai
Tree pe latka milta hai ya phir baarish hoti hai noto/Chillar ki

 

[RkrRkr is verified member.]

How we do load the cbdc wallet in first place?

Through bank Account.

 

[RupayMan]

Through bank Account.

I was sarcastic for RBI explanation, they say we eliminated UPI in cdbc, yet we load the wallet using UPI only.

 

[VISHESH_BANSAL]

I was sarcastic for RBI explanation, they say we eliminated UPI in cdbc, yet we load the wallet using UPI only.

No.
Without UPI. we can load directly from bank Account.

 

[RkrRkr is verified member.]

Using Bank Account.

Hard Cash kha se milta hai
Tree pe latka milta hai ya phir baarish hoti hai noto/Chillar ki

There is no standalone app for this.Every bank will have his own erupee app and during registration linked bank account will be used for kyc and fund pulling.

 

[RkrRkr is verified member.]

I was sarcastic for RBI explanation, they say we eliminated UPI in cdbc, yet we load the wallet using UPI only.

Not like that..Again you haven't got the functionality of this.

 

[RupayMan]

No.
Without UPI. we can load directly from bank Account.

There also bank plays a role of intermediate

 

[VISHESH_BANSAL]

There also bank plays a role of intermediate

Aapke Physical wallet m jo notes hai woh kha se aaye hai ?

Cash circulation m bank hi toh laayega na

 

[RkrRkr is verified member.]

There also bank plays a role of intermediate

Khali bank hi hai isme....RBI policy bnaeyagi aur monitor karegi bus,Aur kuch nahi

 

[RupayMan]

Aapke Physical wallet m jo notes hai woh kha se aaye hai ?

Cash circulation m bank hi toh laayega na

Am not getting the reply first, Google translate is terrible 😅

 

[RkrRkr is verified member.]

Am not getting the reply first, Google translate is terrible 😅

Aisa hai toh we will go in English only.

 

[VISHESH_BANSAL]

Am not getting the reply first, Google translate is terrible 😅

From where Hard Cash comes in your Wallet ?

Bank is the sole entity who manage and is responsible to circulate cash in the Economy.

RBI is there to Monintor them and take action if something goes Wrong

When Physicsl Cash is being circulated by Banks then , E-Rupee is digital Cash , then who will circulate E-Ruppe ?

 

[bugmenot]

Difference between UPI and E-Rupee.

Agar abh bhi nhi smjhe toh bhai Problem E-Rupee m nhi kisi aur cheez m hai🤣

I shared in beginning of thread, check post #49

Live Digital eRupee P2M transaction (Select users)

Still cannot understand what is the advantage of Digital Rupee for consumers over their bank accounts, which will give them at least some interest. The end functionality will be same in case of both. I think they will now make upi payments chargeable and this digital rupee payments will be free

www.technofino.in

 

[VISHESH_BANSAL]

I shared in beginning of thread, check post #49

Live Digital eRupee P2M transaction (Select users)

Still cannot understand what is the advantage of Digital Rupee for consumers over their bank accounts, which will give them at least some interest. The end functionality will be same in case of both. I think they will now make upi payments chargeable and this digital rupee payments will be free

www.technofino.in

Okay.
But a few do not want to go back and read from starting
Everyone want fresh services either in same thread or in a new thread created by such Memebers.

 

[roshancc]

This one is a cool project but a DUD imho .
It essentially eliminates Banks not in the interest of banks to offer CBDC 😀
If they can integrate with UPI with a hybrid QR that will work because to use this you technically unlearn UPI

 

[RupayMan]

Okay.
But no one want to go back and read from starting
Everyone want fresh services either in same thrread or in a new thread created by such Memebers.

I am an active user of CBDC, how it works all I know, but if UPI plays a role of intermediate and why not bank account transfer? There bank is not playing a role? That's my question.

 

[RkrRkr is verified member.]

This one is a cool project but a DUD imho .
It essentially eliminates Banks not in the interest of banks to offer CBDC 😀

It's not that much easy to eliminate physical notes .But still if 10% people shifts to digital one then it's kind of big success.