Aadhaar Pay for digital transactions to be launched soon
Union Minister Ravi Shankar Prasad said that Bharat Interface for Money (BHIM), the app released for making quick payments using the Unified Payments Interface (UPI), has also been integrated with Aadhar Enabled Payment system
The BJP government at the centre will soon launch Aadhaar Pay service that will make people able do their payments using their Aadhaar number and biometrics.
“We are going to start Aadhaar Pay. With this people will not require to carry their phone for payments. They can visit any merchant, share their Aadhaar number and verify themselves using biometrics to pay and receive money,” Electronics and IT Minister Ravi Shankar Prasad said on Friday.
He also told reporters that 14 banks till now have come ready to roll out for Aadhaar Pay and added that the service will be launched soon.
“We are in talks with other banks too. The service will be launched very soon,” he said.
Prasad also said that Bharat Interface for Money (BHIM), the app released for making quick payments using the Unified Payments Interface (UPI), has also been integrated with Aadhar Enabled Payment system from Thursday.
Statistics say that around 111 crore people in India have Aadhaar cards.
“There are 49 crore bank accounts linked to Aadhaar. Every month 2 crore accounts are being seeded with Aadhaar,” the minister added.