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Digital Rupee VS Cash VS UPI VS Digital Payments

PUBLISHED: LAST UPDATE:

You have physical cash, digital payments, UPI. And now there’s digital Rupee or the Central Bank Digital Currency or CBDC. So what’s the difference? Digital rupee will be issue d by RBI & will appear on RBI balance sheet. While normal money in digital form & recorded on commercial bank ledgers.

Digital Rupee VS Cash VS UPI VS Digital Payments

You have physical cash, digital payments, UPI. And now there’s digital Rupee or the Central Bank Digital Currency or CBDC. So what’s the difference? Digital rupee will be issue d by RBI & will appear on RBI balance sheet. While normal money in digital form & recorded on commercial bank ledgers.

 

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