Payment Gateway

  • e₹ is India’s leap into futuristic central bank issued digital currency.
  • Be first few to enable the nation to accept its own Digital Currency and add to national pride.
  • Be future ready – e₹ is India’s Digital Currency – a Legal and FIAT currency shaping India’s new form of cash transaction.
  • 50,000 customers already have their Digital Wallet and 5000 stores have created acceptance of e₹
  • Innoviti’s SIMPLE & FAST Dynamic Architecture is ideal for QUICK e₹ acceptance.
  • To upgrade your POS with Digital Rupee contact your Innoviti business manager today.

Understanding CBDC

CBDC stands for Central Bank Digital Currency. It is a digital version of a country’s currency that is issued and regulated by its central bank.

CBDCs are designed to provide a secure, efficient, and digital alternative to traditional cash and can be used for a variety of purposes, including making payments, storing value, and facilitating cross-border transactions.

Unlike cryptocurrencies, which are decentralized and not issued by a central authority, CBDCs are backed by the central bank of the issuing country and are subject to the same regulations as other forms of currency.

The primary goal of CBDCs is to modernize a country’s payment infrastructure, making financial transactions faster, more secure, and more accessible to all citizens.

Pax machine
Pax machine

Why Does India need CBDC

  • Increased financial inclusion: CBDCs can provide an alternative to traditional banking and financial services, enabling easier access to digital financial services for all citizens, particularly the unbanked and underbanked.
  • Modernization of payment infrastructure: CBDCs can make transactions faster, more efficient, and more secure, reducing the risks associated with cash transactions and promoting the development of a more advanced and modern payment infrastructure.
  • Cross-border trade and commerce: CBDCs can enhance India’s ability to participate in cross-border trade and commerce, reducing dependence on foreign currencies and increasing financial stability.
  • Support for the growth of the economy and financial sector: By promoting financial inclusion, modernizing the payment infrastructure, and increasing efficiency and security in financial transactions, CBDCs can support the growth of India’s economy and financial sector.
  • Reduction in dependence on foreign currencies: CBDCs can reduce India’s dependence on foreign currencies, increasing its financial stability and resilience in an increasingly globalized world.

View e₹ in action


CBDC stands for Central Bank Digital Currency. It is a digital form of a country’s currency that is issued and backed by the central bank.

CBDC is issued and backed by a central bank, whereas cryptocurrencies are decentralized and not backed by any authority. CBDC is also legal tender, while cryptocurrencies are not.

CBDC can potentially offer several benefits, such as reducing the cost and increasing the speed of transactions, improving financial inclusion, and providing greater transparency and security in the financial system.

Innoviti is actively engaged in the development of CBDC in India by collaborating with central banks, regulatory bodies, and industry stakeholders to provide innovative payment solutions and infrastructure.

CBDC would be issued and backed by the central bank, whereas electronic money is issued by commercial banks. CBDC would also have a legal tender status, while electronic money would not.

CBDC would be a digital form of cash, whereas physical cash is a tangible asset. CBDC would also have greater transparency and traceability compared to physical cash.

CBDC could potentially disrupt the traditional banking system by providing an alternative means of payment that is faster, cheaper, and more accessible to the public.

Innoviti’s payment solutions are designed to be interoperable with various payment systems, including CBDC. By leveraging our technology and expertise, we aim to provide seamless and secure payment experiences for its customers.

CBDC could potentially make cross-border transactions faster, cheaper, and more efficient. It could also potentially reduce the need for intermediaries in cross-border transactions, such as correspondent banks.

Innoviti’s e₹ could potentially accelerate the adoption of CBDC by providing a user-friendly and accessible platform for consumers and businesses to transact in CBDC. It could also potentially help mitigate the risks associated with CBDC adoption, such as cyber security threats and financial instability.