New Delhi, Dec 2: The Aadhar card may soon become an alternative for all online and card transactions. The card will replace card, password and PIN in online transactions. Shopkeepers, merchants or individuals will be also be make use of the service. Unique Identification Authority of India (UIDAI) is developing a mobile app that will help receive payments. The app is a part of Niti Aayog to increase the use of digital transactions and make India a cashless economy.
The government has been heavily promoting digital transactions after Prime Minister Narendra Modi scrapped Rs 500 and Rs 1,000 notes on November 8 in a move against corruption, black money and fake currency. Times of India reported that the money can be transacted between two people who have bank accounts.
A B Pandey, CEO of UIDAI, said that the transactions can be made by accounts linked with Aadhaar by just feeding the 12-digit unique identification number in the mobile. The app is already in used in fair price shops in Andhra Pradesh. Foreseeing the use of the Aadhar card, there has been a huge jump in enrollments of the card. After November 8, enrollments went to 7 lakh a day from 4-5 lakh per day. (ALSO READ: Aadhaar card likely to replace all card transactions: NITI Aayog)
The government is now also working with mobile manufacturers for producing mobile sets that are equipped with technology to authenticate biometrics which will enable Aadhaar-based transactions. For wide use of the app, massive campaign is going to be launched.
Niti Aayog chief executive officer Amitabh Kant, who heads the committee of secretaries on digital payment said that a policy will be made to make cash transactions more expensive. The idea will automatically make people pay digitally. Rs 100 crore has been set aside for the enrollment of merchants on to the digital platform to help push the drive, said IT secretary Aruna Sundarajan.