E-Rupee or Digital Rupee, Central Bank Digital Currency

E-Rupee, Reserve Bank Of India, Digital Rupee, Indian Cryptocurrency, Digital currency India

1. Weather the New Payment System can be a Direct Competitor Of Wallets such as PAYTM and G-Pay ?

The Reserve Bank of India has announced the retail Digital Rupee on december 1, 2022 on pilot basis which is also known as Central Bank Digital Currency. This is a new Intiative by the cbanker's bank to promote the digital transaction in India. Digital Rupee will Create a new era of cryptocurrency in india and can create a milestone in Digital Transactions. 

Weather the New Payment System can be a Direct Competitor Of Wallets such as PAYTM and G-Pay ?
YES
NO
Not Interested