
The IT Minister said that this payment system will be based on the thumb impression and verified through the Aadhaar identification.
After the demonetization of high value currency and its subsequent digital push, the government is now going to introduce a new Aadhaar-based digital payment system for the common man soon, IT Minister Ravi Shankar Prasad said here on Thursday. 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, Prasad said while addressing the second edition of the annual Raisina Dialogue, organized by Observer Research Foundation in association with the Ministry of External Affairs.
The minister confirmed that Aadhaar has already enrolled around 99 per cent of adult citizens of the country. Prasad said Prime Minister Narendra Modi wanted Digital India to bridge the digital divide and empower the poor and under-privileged.
BONUS VIDEO: How to use the BHIM (Bharat Interface for Money) Android App for UPI payments