the Aadhaar-based mobile app for digital payments using bio metric data

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.

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. To enable the transactions through BHIM-Aadhar, merchants will have to purchase fingerprint scanners.

BHIM Aadhar is a new Aadhar Payment App is a new Android smartphone application being launched by the Narendra Modi government to encourage the use of digital payments. BHIM Aadhar Pay smartphone payment app would also eliminate the fee currently being charged by the private card companies such as ‘MasterCard‘ and ‘Visa’.

Modi

Aadhar Pay App is need to be installed by merchants only i.e. only the shopkeepers, showrooms need to install aadhar pay app and the users who wants to pay using aadhar pay only need to link their aadhar number with their bank accounts. Shopkeepers/ Merchant can download aadhar pay to take payments from customers from their aadhar linked bank accounts using their biometric scan.

Merchants would be required to download the BHIM Aadhar Pay payment app on their android smartphone connected to a biometric reader. The biometric reader is currently available for just Rs 2000. If a customer wants to make payment, then he/she just need to enter his Aadhar Number in the app and select the bank from which the payment is to be made and use the biometric scan as the password for the transaction.

 

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