How digital rupee will be different from Wallet and UPI payment systems
Experts say that the digital rupee will increase the success rates of transactions.
The proposed digital rupee to be issued by the Reserve Bank of India (RBI) starting from the next financial year will give a boost to the digital economy. Announcing the introduction of the digital rupee Finance Minister in her Budget speech said that, the introduction of Central Bank Digital Currency (CBDC) will lead to a more efficient and cheaper currency management system.
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