Aadhar Pay
Aadhaar Pay is a way to pay for things in India using your fingerprint and Aadhaar card instead of cash, debit card, or credit card. It is like a cashless option which is extremely secure as it uses your fingerprint.
Digital India Portal enables merchants to receive digital payments from customers over the counter through Aadhaar authentication with Aadhaar Pay. It allows any merchant associated with any acquiring bank to accept payments from customers of any bank by authenticating the customer’s biometrics.
To implement the Digital India Portal Aadhaar Pay service, the merchant must have an Android mobile or any supported device and a certified biometric scanner connected to the mobile phone/kiosk/tablet on a USB port or micro-ATM/POS. MPOS. The Aadhaar of both the customer and the merchant should be linked to their bank account.
Features of Aadhaar Pay :
- Instant transfer, 24X7 availability
- There are no other tools that customers need to make payments, such as cards and smartphones
- Safe And Secure as it is based on biometric authentication.
- Easy To Use
- Instant Activation
- Provide complete banking solutions to the customers
Benefits of Aadhaar Pay:
For Customer:
- Convenient: No need to carry cash or debit/credit cards. Just your fingerprint and Aadhaar number are enough.
- Secure: Uses fingerprint verification for secure transactions, reducing fraud risk.
- Fast: Payments are processed instantly.
- No need for a smartphone to make payments
- No need to remember PIN & Passwords
- Customer ease, the easiest way of cashless payment
- No security issues as payments are done through biometric authentication
For Merchant:
- Low Cost: Potentially lower transaction fees compared to card payments.
- Wider Reach: Attract new customers who prefer digital payments.
- Faster Transactions: Quicker checkout times compared to cash handling.
- Seamless fund collection from customers
- Safe and secure
- Saves time
- Easy to operate