HOW IS DIGITAL RUPEE DIFFERENT FROM UPI. ?

RBI Governor Shaktikanta Das has clarified the differences between digital money issued by India's central bank.

RBI Governor Shaktikanta Das has clarified the differences between digital money issued by India's central bank.

India s’ central bank digital currency called e-rupee and UPI .

while UPI transactions take place through banks

Das stated that e-rupee will be moved from one person's wallet to the other's. Furthermore, similar to cash transactions.

Das stated that e-rupee will be moved from one person's wallet to the other's. Furthermore, similar to cash transactions.

       In case of digital rupee, a third party cannot find out to whom money has been transferred

E-rupee is money, and UPI is a payment method. The deputy governor of the Reserve Bank of India stated

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