Sai Jai
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The government is coming up with an
'Aadhaar Payment App' that could
silence digital payments critics. The
new app would do away with plastic
cards and the point of sale machines
once believed to be essential for a less
cash society.
The app, to be launched on December
25, would also eliminate the fee
payments for service providers like
card companies such as Mastercard or
Visa, which has been a stumbling
block in merchants switching to digital
payments making it affordable to even
merchants in remote villages, said
people familiar with the
development.All that it needs is an
Android phone with the merchant. Read More: Aadhaar payment app set to simplify digital transactions - The Economic Times
'Aadhaar Payment App' that could
silence digital payments critics. The
new app would do away with plastic
cards and the point of sale machines
once believed to be essential for a less
cash society.
The app, to be launched on December
25, would also eliminate the fee
payments for service providers like
card companies such as Mastercard or
Visa, which has been a stumbling
block in merchants switching to digital
payments making it affordable to even
merchants in remote villages, said
people familiar with the
development.All that it needs is an
Android phone with the merchant. Read More: Aadhaar payment app set to simplify digital transactions - The Economic Times