Friday 27 January 2017

Government's Aadhaar Pay to make Paytm, BHIM and other digital payment apps obsolete


Government's Aadhaar Pay to make Paytm, BHIM and other digital payment apps obsolete


PTI | 













NEW DELHI: Government will soon roll out Aadhaar Pay service that will enable people to make and receive 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 today.

As of now, 14 banks have come on board for Aadhaar Pay and the service will be launched soon, Prasad told reporters. 

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