Aadhar Card used for Cashless Transactions – AEPS

Do you know how to pay using aadhar card easily? AEPS. with the dream of a cashless economy, Government is gearing up to bring simpler alternatives of cash. To make “Digital India” and a bypass the complexities of netbanking, mobile banking, credit cards and debit cards, government has innovated an awesome way for cashless transactions. After introducing Unified Payment Interface (UPI) and Rupay Card, Goverment is bringing an Aadhar based online banking app know as Aadhar Enabled Payment System (AEPS) with the idea of Aadhar Card used for Cashless transactions that won’t need any customer id, PIN and passwords. This app will use your biometric identification as the password; you just need your aadhaar card number to make payment at any shop, restaurant or petrol pump.

To know more http://mhrd.gov.in/visaka/

 

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