Aadhaar Pay app benefits shoppers and merchants as there are no transactions charges

Aadhaar Pay allows customers to make purchases at shops through electronic transactions without having to use plastic cards or mobile phones.


The UIDAI is in the process of rolling out Aadhaar Pay app for merchants. Aimed mostly at rural regions, the Aadhaar Pay for merchants allows customers to make purchases at shops through electronic transactions without having to use plastic cards or mobile phones. The payments are authenticated through a biometric scanner, with the Aadhaar Enabled Payment System implemented. The fingerprint scanner costs about Rs 2,000 for the merchant.

Initially introduced by Chandrababu Naidu in Andhra Pradesh by IDFC bank, Aadhaar Pay for merchants is being rolled out at more locations across the country.

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Rajiv Lall, Founder MD & CEO, IDFC Bank, said, “It is, thus far, the simplest way to pay as it does not require a customer to swipe debit cards, remember passwords, or download apps. Importantly, there are no transaction fees for both merchants and customers. IDFC Aadhaar Pay will accelerate the pace of growth for cashless payments, giving wings to the government’s efforts towards digitisation for inclusive growth.”

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The application is not available publicly on the Android Play Store. After signing up for the program, the merchant gets a link to download the application through an SMS. An Android smartphone is linked to the biometric scanner, which authenticates the transaction.

The UIDAI has recently re-affirmed that the Aadhaar based payment systems are safe and secure, and strong cryptographic measures are taken whenever user data is stored or transmitted.

Aadhaar Pay for merchants is expected to be launched on four major banks soon, including SBI.


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