Aadhar payment App for digitalization

New Delhi, December 26: Public had surprise on the occasion of Christmas,which is in the form of Aadhaar Payment App. After the cash crunch, People were so much confused about how to make easy cash-less transactions without debit cards etc.

The Aadhaar Payment App, which is an application designed to facilitate your digital transactions with one click.The App will help you carry out your digital payments which are Aadhaar linked. It was Launched on Christmas i.e December 25, 2016.

Firstly, you will have to link your bank account with your Aadhaar card details, which can facilitate the digital cashless transactions.This App is useful in two ways. One is merchant level and another is consumer level.

The merchant level app is provided by govt.,which is to eliminate the fee payments for service providers like card companies such as Mastercard or Visa, which are roadblocks for merchants in switching to digital payments.

However, the merchant would need a Android smartphone and a biometric scanner to get this going on the Aadhaar Payment App. The merchant needs to download the Aadhaar cashless merchant app on his smartphone which is then connected to the bio-metric reader.

The consumer level App is like a regular mobile wallet, which is linked with your Aadhaar card. It can be used to make quick online transactions.

So, when the consumer is making any purchase, all that he has to do is share the Aadhaar card detail, which would then automatically list down their linked bank account, and after picking up the bank account of his choice will process the payment from that particular bank, which will further be authenticated using bio-metric scans.

lets hope this Aadhar payment app will relieves the public from cash crunch...