Source: BL
Launch Details:
- Launch: Bank of Baroda (BoB) introduced eRUPI Person-to-Person (P2P) digital gifting on its bob इ Pay UPI app.
- Platform: Powered by NPCI’s e-RUPI system, interoperable across UPI platforms.
Feature Highlights:
- Voucher Value: ₹1 to ₹10,000; users can issue unlimited vouchers subject to daily UPI transaction limits.
- Usage: Redeemable at UPI-enabled merchants across platforms.
- Security: Vouchers are non-transferable and refunded if unredeemed within validity.
- Category: Initially available for Food, with plans to expand to other services.
