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Govt working on Aadhar-enabled payment app to replace password, pins

News Agencies | First published: 2 December 2016, 13:51 IST
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In an effort to inch towards a cashless society, the Unique Identification Authority of India has planned to increase the biometric authentication capacity through Aadhaar to 40 crore a day from 10 crore.

The government is concurrently working on developing a common mobile phone app that can be used by shopkeepers and merchants for receiving Aadhaar-enabled payments bypassing credit and debit cards, pin and password.

Through this mobile application, the handset will be used for authenticating biometrics of customers making Aadhaar-enabled payment.

UIDAI will eventually increase its biometric authentication capacity to 40 crore, UIDAI Chief Executive Officer Ajay Bhushan Pandey told reporters.

He added, "We will create awareness about this mode of transaction. We will eventually create capacity for 40 crore authentications. On Thursday, 1.31 crore Aadhaar-enabled biometric authentications were reported. We will increase it gradually."

He explained that these biometric authentications include attendance marked by employees of government establishments.

The initiative can help the government deal with situations like recent demonetisation and curb black money menace while bringing in more financial transaction transparency. The 12-digit number has already been issued to 1.08 crore people and 99% of adults have been covered.

 
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