e-Rupee: Navigating India’s Digital Currency Revolution

e-rupee, digital_currency, Digital_Rupee

, the Digital Rupee had reached 50,000 users and 5,000 merchants. Notably, e₹-W averaged ₹3.25 billion in transactions per day in November 2022. Major retail chains and payment gateways have started accepting e₹-R for transactions. Furthermore, UPI interoperability has been integrated, allowing users to make payments using the digital rupee through existing UPI QR codes and virtual payment addresses​​​​.