Cashless society is no more a taboo, Unique Identification Authority of India as planned to increase biometric authentication. Government of India after the launch of the new law, it’s constantly working towards developing a mobile app that can be accessible to shopkeepers and merchant for receiving payment through Aadhaar enabled app which as a unique pass code and pin. Aadhaar enabled payments accessing authenticating biometrics of customer through this mobile app. Ajay Bhushan Pandey, chief executive officer of UIDAI will gradually increase its biometric authentication capacity to 40 crore . He added that , UIDAI will create awareness about this mobile payments and even create capacity for 40 crore authentication. On Thursday 1.31 crore Aadhaar enabled biometric authentication were reported. He further said this biometric authentication includes attendance marked by employees of government organisation. This method of transactions destroy the disturbance created by demonetisation and also helps in destroying black money. The 12 digits number has already been issued to 1.08 crore people and 99%of adults have received it. This mode of payment can enable user to transfer funds balance enquiry , cash deposit in inter banking transactions. The Aadhaar card is been linked with bank accounts.
Related Stories
-
Choose Best Financial Advisor and Financial Planning Course
07-May-2022 -
Are you looking for the best Astrologers? Try these Top websites.
28-April-2022 -
Will Facebook, Instagram, Twitter in India will face ban from 26th May 2021?
25-May-2021 -
Sohan Lal Sons and Ghoriwala: A name that represents Class in the wedding industry
14-Apr-2020 -
What is the importance of laboratories in an Engineering College?
14-Apr-2020 -
Want to get a job overseas? These certifications by AAFM can give wings to your career
03-Apr-2020 -
Holistic Development: The axiom of Seth Jai Prakash Mukund Lal Institute of Engineering and Technology (JMIT)
30-Mar-2020 -
Top footwear brands in India: ExplainoExpo
30-Mar-2020 -
Sohan Lal and Sons Ghoriwala: A legacy of excellent service
26-Mar-2020 -
Coronavirus Outbreak: Do You Disinfect Your Smartphone Regularly? If Not Start Doing It Every 90 Minutes
20-Mar-2020 -
Delhi Trophy: The Face Of Trophy Manufacturing In India.
13-Mar-2020 -
Delhi Trophy; The home of exceptional trophies
22-Oct-2019 -
WANT TO BOOST UP YOUR CAREER? TRY these CERTIFICATION PROGRAMS from aafm
22-Oct-2019 -
Master Band- Adding life to your celebrations
22-Oct-2019 -
SECURE YOUR PRESENT AS WELL AS FUTURE
22-Oct-2019