8 years, 2 months ago

UIDAI to roll out Aadhaar Pay for merchants to enable cashless transactions without a smartphone

Unique Identification Authority of India has indicated that it will be rolling out Aadhaar Pay app for merchants in the coming weeks. IDFC is one of the first banks to release an application that allows customers to pay merchants through AEPS. The merchant needs to pay for a biometric scanner that costs Rs 2,000, and IDFC is directly sending a link to the application to the registered mobile number of the merchants. Finally, the large number of unbanked people in the remote and rural areas of India will not be able to use Aadhaar pay.

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