Govt to launch Aadaar Payment App to simplify digital transactions
The ‘Aadhaar Payment App‘ is all set to launch on December 25, 2016 to eliminate the fee payments for service providers like card companies such as Mastercard, Visa etc. The app was developed by IDFC Bank along with UIDAI and National Payments Corporation of India(NPCI). With this app,
people can make payments without any phone.
Aadhaar Payment App:
Merchants should have Aadhaar cashless merchant app on their smartphones which is connected to a biometric reader. The transaction process is done through the Aadhaar bridge.
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