PM Narendra Modi launches BHIM-Aadhaar Pay app: Here's how it works

PM Narendra Modi launches BHIM-Aadhaar Pay app: Here's how it works

The app, which will be available for download to merchants across the country, will link your Aadhaar number and biometic fingerprint to complete a transaction.

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BusinessToday.In
  • Apr 14, 2017,
  • Updated May 23, 2017 5:18 PM IST

Prime Minister Narendra Modi on Friday launched BHIM-Aadhar platform - a biometric-based payment system - in Nagpur. BHIM-Aadhaar Pay app will allow users to make payments through the fingerprint scanner, by authenticating the biometric details of a user with Aadhaar database.

BHIM, also known as Bharat Interface for Money, was launched by Prime Minister Narendra Modi three months ago to provide a tool that can be a one-stop solution for all digital payments.  

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Customers don't need to have an android phone or any other technology to make payments. No service tax or any other extra charge on the payments using Aadhaar payments app. There is no need to carry debit card or credit card. No need to remember PINs, MPINs and passwords. Instant Payments through aadhaar bridge system this is similar to Aadhaar Enabled Payment system (AEPS). Affordable payment solution for merchants as well as customers.

 

Prime Minister Narendra Modi on Friday launched BHIM-Aadhar platform - a biometric-based payment system - in Nagpur. BHIM-Aadhaar Pay app will allow users to make payments through the fingerprint scanner, by authenticating the biometric details of a user with Aadhaar database.

BHIM, also known as Bharat Interface for Money, was launched by Prime Minister Narendra Modi three months ago to provide a tool that can be a one-stop solution for all digital payments.  

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Customers don't need to have an android phone or any other technology to make payments. No service tax or any other extra charge on the payments using Aadhaar payments app. There is no need to carry debit card or credit card. No need to remember PINs, MPINs and passwords. Instant Payments through aadhaar bridge system this is similar to Aadhaar Enabled Payment system (AEPS). Affordable payment solution for merchants as well as customers.

 

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