Digital Rupee is the digital form of the Indian Rupee.
RBI has recently launched
its pilot version for retail segment.
Here's step by
step guide to do transaction in digital rupee -
Step 1 -
Download e-rupee wallet App from the play store.
Step 2 -
Transfer money into your digital wallet via account linked to the bank or UPI Apps.
Step 3 -
Select amount to be transferred amongst the notes and coins displayed in the App.
Step 4 -
Select the wallet address or QR code of the recipient.
Step 5 -
Confirm the details and initiate the transaction.
Step 6 -
Digital Rupee will be transferred from your wallet to the recipient’s wallet.
Digital Rupee system uses blockchain technology to ensure secure transaction.
Find out who can do transaction in digital rupee in pilot phase -