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What is the difference between e₹ and UPI?

short by Mansi Agarwal / on Thursday, 3 September, 2026
Digital Rupee or e₹ is the digital form of India's physical currency, while UPI is a payment system that enables funds to move between bank accounts. Issued by the RBI, e₹ is stored in a digital wallet and can be used to send or receive money. UPI, meanwhile, facilitates instant payments directly from a user's bank account.