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CotoPay Launches India’s First Business-Specific e-RUPI Voucher Platform Powered by NPCI.

Banking & Finance | Dated: 14 Oct 2025

On October 10, 2025, CotoPay, a brand of Cotodel Technologies Private Limited, in collaboration with the National Payments Corporation of India (NPCI), launched India’s first business-specific e-RUPI (Digital e-Rupee) voucher issuance platform. The platform aims to simplify expense management for businesses through the Unified Payments Interface (UPI) ecosystem.

🎯 Key Highlights:

  • - Through the CotoPay platform, businesses can instantly issue UPI-based digital vouchers that employees can redeem at over 65 million UPI-enabled merchants across India, enhancing ease of payments and business efficiency.

💡 Other Important Facts:

  • (i) The platform allows vouchers to be restricted to specific categories or merchants, ensuring that funds are utilized strictly for designated purposes, promoting controlled spending and financial transparency.
  • (ii) Employees can use their existing UPI apps like BHIM, Google Pay, and bob e-Pay for redemption, eliminating the need for new applications.
  • (iii) The platform also removes the requirement for individual Know Your Customer (KYC) procedures, enabling smooth and quick onboarding.

📚 Test Your Knowledge:

Recently, which company launched India’s first business-specific e-RUPI voucher issuance platform powered by NPCI?

Correct Answer: CotoPay

🚀 Quick Recap: