The RBI said users will be able to transact with the digital rupee through a digital wallet offered by the participating banks and stored on mobile phones/devices.
Users will be able to transact with e-rupee through a digital wallet offered by the participating banks and stored on mobile phones or devices, the central bank said.
There will be some technological challenges, some process challenges and the RBI will want to iron out all those aspects and introduce the CBDC in a manner that is non-disruptive, Shaktikanta Das said.