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Govt soon to introduce Aadhaar-based digital payment system for common man: Ravi Shankar Prasad

20 Jan 2017 Evaluate

Accelerating efforts towards digital payments, union minister for electronics and IT Ravi Shankar Prasad has said that the government is now going to introduce a new Aadhaar-based digital payment system for the common man soon. He also said that after the demonetisation of high-value currency it is subsequent digital push.

Prasad said that this unique payment initiative will be based on the thumb impression, verified through the Aadhaar identification for safety and security of the easier payment system for the common man. He also confirmed that Aadhaar has already enrolled around 99 percent of adult citizens of the country. He added that Prime Minister Narendra Modi wanted Digital India to bridge the digital divide and empower the poor and under-privileged.

The minister had earlier said that Aadhaar based payments can be all pervasive way of digital transactions since it doesn't require everyone to have a Smartphone and added that all people need to remember their Aadhaar number and authenticate themselves through their biometrics.