Aadhaar Pay

This immediate ban on Aadhaar powered cashless payments has been approved by a steering committee, which includes 18 banks and non-bank financial entities such as State Bank of India, HDFC Bank, Citibank, Maharashtra Gramin Bank, One…

Mobile payments is still in its early stages, in India & on a global level. While there is widespread awareness, the actual usage numbers are disappointing.

Aadhaar linked phones has been one of the pet projects of the Government of India. With manufacturers disagreeing, it appears for now that the plan may not materialize.

In the on-going case in Supreme Court regarding the legal validity of Aadhaar Card, Govt. of India has finally come out of the closet, and admitted for the very first time, that Aadhaar would be made mandatory for all, very soon.…

Traditional payment processing and payment card companies, Visa and Mastercard, are feeling threatened now, and the reason is the exponential rise of Govt. backed digital payment platforms: Aadhaar Pay and UPI, which combined with BHIM…

On the occasion of Baba Bhimrao Ambedkar’s 125th birth anniversary, PM Modi launched the official BHIM-Aadhaar Pay app, meant for merchants. The Aadhaar Pay platform was launched last year on December 30th. Hailing it as an…

Buoyed by BHIM App’s initial success, and the incredible growth in its daily transactions, Govt. is planning to launch Aadhaar based digital payment platform: Aadhaar Pay on April 14th. However, there is a news which will surely…

Cashless and digitalization mission of India has now reached a new paradigm. Using Aadhaar Pay platform, IDFC Bank has launched India’s first biometric payment system. And the best part about this new cashless push is that payers…

In a bid to promote digital transactions, Prime Minister Narendra Modi had earlier announced that biometric-based payment system Aadhar Pay will be functional soon. The government is ready to go live with the said payment solution…