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CotoPay launches India’s first UPI-based e-RUPI voucher system for businesses, enabling targeted, trackable expense payments.
CotoPay has launched India’s first e-RUPI voucher platform for businesses, enabling companies to issue UPI-based vouchers for specific expenses like meals, travel, or fuel.
Built on NPCI’s e-RUPI infrastructure, vouchers are sent via mobile number and used instantly at over 6.5 crore UPI merchants.
Employees pay using existing UPI apps, with funds locked to designated categories and non-transferable.
Unused balances are refunded automatically.
The platform offers real-time transaction tracking and aims to replace cash, prepaid cards, and complex reimbursements.
Designed by former NPCI and National Health Authority staff, it leverages India’s growing UPI ecosystem, which processed over 20 billion transactions monthly in August 2025.
CotoPay lanza el primer sistema de vales e-RUPI basado en UPI de la India para empresas, lo que permite pagos de gastos dirigidos y rastreables.