Topic: Oh digital rupee is already live!? - page 2. (Read 221 times)
Ok, so I got refund of those 10 rupee, and tried to load again still it didn't work with Paytm app but when paying with Google pay it worked (irrespective of bank you choose to pay with, I thought error was due to bank but it was not so, it's just some error between Paytm app <-> rupee app).
I think UPI/banking will be seperate from digital rupee which is supposed to be a CBDC.
It is supposed to work like that but what the banks are doing is to interlink them in someway to promote the usage of erupee but honestly there is no difference in CBDC from digital money so why government wants to spend extra resources.
Also I read an article that banks are working on making some related to UPI chargebacks, which is any payment made over 2000 rupees will be available to chargeback from the user end itself for the 4 hours which is to prevent scams related to UPI.
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I am still waiting to see how the digital rupee system is going to work out.
The pilot project registration was already started and I think I saw some news articles regarding this but it quickly faded out and is out of the buzz at this point. Regardless so is the CBDC buzz from the net.
I think UPI/banking will be seperate from digital rupee which is supposed to be a CBDC.
The pilot project registration was already started and I think I saw some news articles regarding this but it quickly faded out and is out of the buzz at this point. Regardless so is the CBDC buzz from the net.
I think UPI/banking will be seperate from digital rupee which is supposed to be a CBDC.
I download the app a few weeks ago and it lacks everything for now. As it is still a test version that might be the reason why not everyone is happy with the app. I am still unable to figure out the actual usage of digital ruppe. Why would anyone need it if they have UPI or wallet. I don't think it will be very useful unless the RBI comes up with its unique usage. For example international transfers.
It says so in update notes [1]. I would confirm it myself had my load transaction went through.
Link you gave is from icici, update notes are from hdfc. If it were to support upi qr codes, we'll see adoption of erupee faster than toiling standalone.
Okay, I got it, this interoperability feature implemented a couple of months back and most banks are yet to integrate it that explains why we see contrast statements on two official banking websites.
I use ICICI as my primary bank account, and they seem not really interested in this CBDC concept, so not notifying their customers too.
Hopefully, paytm/phonepe will adopt it whenever it's ready, and give it a better ui. Better customer support too.
I read it works with upi qr codes, so it's really good thing.
I read it works with upi qr codes, so it's really good thing.
No, it doesn't work with UPI QR codes.
Where can Digital Rupee be used?
Customers can transfer the tokens to each other through VPA, Mobile No. and QR Code. Customers can pay merchants through the Digital Rupee QR Code.
Digital Rupee FAQ's
Means you can send the funds via QR codes which is another ewallet address not just anyother UPI QR code. Also I am yet to see e-rupee as payment mode in all the platforms I use everyday.
It says so in update notes [1]. I would confirm it myself had my load transaction went through.
Link you gave is from icici, update notes are from hdfc. If it were to support upi qr codes, we'll see adoption of erupee faster than toiling standalone.
https://www.talkimg.com/image/NsawT
Hopefully, paytm/phonepe will adopt it whenever it's ready, and give it a better ui. Better customer support too.
I read it works with upi qr codes, so it's really good thing.
I read it works with upi qr codes, so it's really good thing.
No, it doesn't work with UPI QR codes.
Where can Digital Rupee be used?
Customers can transfer the tokens to each other through VPA, Mobile No. and QR Code. Customers can pay merchants through the Digital Rupee QR Code.
Digital Rupee FAQ's
Means you can send the funds via QR codes which is another ewallet address not just anyother UPI QR code. Also I am yet to see e-rupee as payment mode in all the platforms I use everyday.
I was checking my mails and came across this mail [1] from hdfc. I was surprised to see digital rupee already live. So I decided to give app a try, process of registration was relatively smooth, after registering I tried to load wallet with 10 rupee, funds were transferred from my bank account but digital rupee never showed them 
Aside from that obvious problem, interface (mostly) works but is quite ugly, some options are bugged, there is field called "activate mobile number" in wallet section, you are supposed to activate to receive money with mobile number, if you click it, it'll show success pop-up but nothing actually happens.
You are also given wallet address like crypto blockchains do, can't figure out how to see this address fully (will they have explorer?), it was shown fully during registration, now it's hidden with stars.
Hopefully, paytm/phonepe will adopt it whenever it's ready, and give it a better ui. Better customer support too.
I read it works with upi qr codes, so it's really good thing.
[1] https://www.talkimg.com/image/Nt3w5
p.s. I'll update post when/if I receive loaded 10 rupee
Edit: Received the refund in bank.
Aside from that obvious problem, interface (mostly) works but is quite ugly, some options are bugged, there is field called "activate mobile number" in wallet section, you are supposed to activate to receive money with mobile number, if you click it, it'll show success pop-up but nothing actually happens.
You are also given wallet address like crypto blockchains do, can't figure out how to see this address fully (will they have explorer?), it was shown fully during registration, now it's hidden with stars.
Hopefully, paytm/phonepe will adopt it whenever it's ready, and give it a better ui. Better customer support too.
I read it works with upi qr codes, so it's really good thing.
[1] https://www.talkimg.com/image/Nt3w5
p.s. I'll update post when/if I receive loaded 10 rupee
Edit: Received the refund in bank.
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