UIDAI will soon enroll Android-based Aadhaar enabled Payment System app
In an attempt to give a big push to cashless transactions, the Unique Identification Authority of India will shortly roll out the Android-based Aadhaar enabled Payment System application, said officials. The meeting followed the deliberations held by Naidu, Vice Chairman of NITI Aayog Arvind Panagariya with RBI Governor Urjit Patel, top officials of ministry of Electronics and Information Technology, the UIDAI and CMDs of major private and public sector banks on Thursday in Mumbai. “Inter-operability of all pre-paid instruments on the United Payments Interface platform along with a common QRCode would greatly simplify transactions,” it said. To popularize digital transactions the committee proposed a detailed review of the MDR regime, inter-linking of various digital payments platforms such as USSD with UPI, self-boarding by small merchants and a common application for UPI.
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