Aadhaar Pay is a secure and convenient digital payment solution that enables merchants and customers to perform cashless transactions using Aadhaar authentication. It allows users to make payments directly from their bank account linked with their Aadhaar number, eliminating the need for cash, cards, or mobile apps. Aadhaar Pay empowers rural and semi-urban consumers to enjoy digital transactions easily and securely through biometric verification.
With Aadhaar Pay, users can perform the following transactions:
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Merchant Payments: Customers can pay merchants instantly by authenticating with their Aadhaar number and fingerprint.
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Cash Withdrawals: Customers can withdraw cash at merchant outlets using their Aadhaar-linked bank account.
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Balance Enquiry: Instantly check account balance without needing a debit card or ATM.
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Mini Statements: View recent transactions linked to the Aadhaar-enabled bank account.
Key Benefits of Aadhaar Pay:
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Cardless & Cashless Transactions: No need for debit/credit cards, mobile apps, or internet connection — just Aadhaar and biometrics.
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Instant & Secure Payments: Payments are processed in real-time through biometric authentication, ensuring high security and zero fraud risk.
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Financial Inclusion: Makes digital payments accessible to rural and low-income users who may not have smartphones or cards.
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Convenient for Merchants: Merchants can receive payments directly into their bank account instantly, reducing dependency on cash.
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Interoperable: Works across all banks integrated with the Aadhaar Payment Bridge System (APBS).
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24x7 Availability: Available round the clock for both customers and merchants.
How Aadhaar Pay Works:
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Customer Identification: The customer provides their Aadhaar number and selects their bank linked with Aadhaar.
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Biometric Authentication: The transaction is authenticated through the customer’s fingerprint or iris scan.
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Transaction Processing: The bank verifies the biometric details and processes the payment or withdrawal.
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Instant Confirmation: The payment is instantly credited or debited, and both customer and merchant receive confirmation.
Aadhaar Pay is an essential step toward India’s vision of a cashless and inclusive economy, ensuring that even people without smartphones or cards can participate in digital transactions. It simplifies payments, enhances transparency, and brings digital financial empowerment to every corner of the nation.
