To ease digital transactions, govt to launch ‘Aadhaar payment app’
To ease digital transactions, govt to launch ‘Aadhaar payment app’ the central government is planning to soon launch an 'Aadhaar Payment App' that would do away with plastic cards and the point of sale machines -- once believed to be essential for a cashless economy. Moving towards its dream for less cash and digital society, the central government is set to launch an 'Aadhaar Payment App' that would do away with plastic cards and the point of sale machines -- once believed to be essential for a cashless economy. Earlier on December 15, the NITI Ayog announced daily, weekly and mega awards up to Rs 1 crore for consumers and merchants who take to digital payments. “Under the Digi Dhan Vyapari Yojna, 7000 winning merchants will receive prizes worth up to Rs 50,000 every week, also within the same time frame,” NITI ayog CEO said, adding that on April 14, there would be mega awards worth Rs 1 crore, Rs 50 lakh and Rs 25 lakh, respectively, for consumers and Rs 50 Lakh, Rs 25 lakh and Rs 5 lakh for merchants.
Centre earmarks ₹2,600 crore as incentive for banks to promote digital payments
Aadhaar-enabled payment system cross 200 million transaction in July, says NPCI
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