⭐ Merited by avikz (2)
As we all know we have been recently getting mails from our banks asking us to try out their Erupee apps.
The Erupee copilot program was started in December 2022 and it has been almost a year now.
Until October there were roughly 25000 transactions per day but since RBI has poked banks to pump the transaction volume they have done a few things.
Banks like Kotak, HDFC, Axis etc... have started giving employee benefits to their employees and spiked up the transaction volume.
As per latest data there are around 1 million transactions happening on the CBDC ledger.
May be banks will now reconsider the UI/UX of their apps and start improvising on it.
Source: India's digital currency transactions top 1 million/day in December
The Erupee copilot program was started in December 2022 and it has been almost a year now.
Until October there were roughly 25000 transactions per day but since RBI has poked banks to pump the transaction volume they have done a few things.
Banks like Kotak, HDFC, Axis etc... have started giving employee benefits to their employees and spiked up the transaction volume.
As per latest data there are around 1 million transactions happening on the CBDC ledger.
May be banks will now reconsider the UI/UX of their apps and start improvising on it.
Source: India's digital currency transactions top 1 million/day in December
Has anyone used the E Rupee in this forum yet? I have receiving emails from my banks but didn't yet sign up for this. Can anyone share their experience here? It will help others to understand more about the system and might encourage people to sign up for it.
The only reason I didn't sign up, is to avoid additional surveillance on my account. I am very much concerned about this.
I had installed the app for testing purpose and my review is below.
In the registration process, I had observed that they were linking my bank account with the wallet without even giving the flexibility to choose whether I wanted to link my bank account or not. Then I observed that they were holding the private key on my behalf without providing any option to me for holding the keys.
These were 2 things that concerned me. After that I was able to use the app without any hassle and the UI doesn't seem bad to me.
It's good for starters and can improve with time.
