Soon your 12-digit Aadhar number could replace all card transactions as the government is gearing up to strengthen the Aadhar enabled transactions as part of its drive to help India become a cashless economy.
The move is being driven by NITI Aayog and government is looking forward to launch a clear-cut defined policy so as to make India get over cash transactions.
“The Aadhar-enabled transactions are card-less and pin-less. This would enable mobile android phones users to digitally transact using their Aadhaar number and fingerprint/iris authentication,” Ajay Pandey, director general of the UIDAI said.
According to Pandey, this would require a multi-pronged strategy, including talking to mobile manufacturers, merchants and banks, and the government has already started working in different directions to help achieve this.
After its massive demonetization drive launched on November 8, the government had said that no additional charges will be levied on digital transaction until December 30. While merchants continue to charge 2% extra on transactions even now, the scheme would end by the end of the calender year and hence the government wants to put in place a proper system to continue this on sustainable basis.
Meanwhile IT secretary Aruna Sundarajan said that the ministry has kept aside Rs 100 crore to incentivise enrollment of merchants on to the digital platform to help push the drive. “IT department is providing incentive of Rs 100 for every merchant enrolled through over two lakh common service centres across India,” she said.
“The ministry will undertake a major outreach communication campaign starting from Monday to ensure that every segment of population is enables to use one of other mode of digital payment.” she added.