What is e-rupee and why do Google Pay, PhonePe want to join RBI’s digital rupee project?

What is e-rupee and why do Google Pay, PhonePe want to join RBI’s digital rupee project?

The e-rupee, or the digital rupee, is a digital currency issued by the RBI [File] | Photo Credit: REUTERS The story so far: Fintech companies including Google, PhonePe, Amazon Pay, Cred, and Mobikwik are looking to join the Indian central bank’s digital currency project by allowing their users to transact in e-rupee via Unified Payments … Read more