Optimus_Prime
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Demystifying the Aadhaar Payment App:launched, just not on the Play Store
On 24 December, Economic Times announced the imminent launch of an Aadhaar Payment App for merchants. No such app showed up on the Play Store and people were wondering whether or not it has launched. Even the name of the application was not clear, it has been referred to as “Aadhaar Payment App” and “Aadhaar Cashless Merchant App”. Over the course of the next few days, there has been a lot of interest by users to download and install the application, only to be disappointed.
Well, here is what happened. It is a back-end application, a service that can be implemented by any bank, but was first done by IDFC bank. The application had been launched on 24 December itself in Andhra Pradesh. The application launch at a fair price shop was inaugurated by AP Chief Minister Chandrababu Naidu. Over the course of the weekend, 100 merchants in Delhi and Bihar started using the app. The name of the application by IDFC is called “IDFC Aadhaar Pay.” The application is not the same as IDFC Bank Merchant Services .
Experiencing the demonstration of AadharPay and show it's working process to people.
The application is not available for regular consumers and is meant only for merchants. It has not been released on the Play Store. A merchant gets onboard IDFC bank through an e-KYC process and gets a link on a smartphone within the hour. The application can only be downloaded through that link, as of now. The application is connected to an Aadhaar biometric reader certified by the Standardization Testing and Quality Certification (STQC) . Shoppers have to input their bank name and Aadhaar card number into the application and authenticate the transaction using the fingerprint scanner.
Demystifying the Aadhaar Payment App: It has been launched, just not on the Play Store, don't fall for fakes Tech2 Mobile
On 24 December, Economic Times announced the imminent launch of an Aadhaar Payment App for merchants. No such app showed up on the Play Store and people were wondering whether or not it has launched. Even the name of the application was not clear, it has been referred to as “Aadhaar Payment App” and “Aadhaar Cashless Merchant App”. Over the course of the next few days, there has been a lot of interest by users to download and install the application, only to be disappointed.
Well, here is what happened. It is a back-end application, a service that can be implemented by any bank, but was first done by IDFC bank. The application had been launched on 24 December itself in Andhra Pradesh. The application launch at a fair price shop was inaugurated by AP Chief Minister Chandrababu Naidu. Over the course of the weekend, 100 merchants in Delhi and Bihar started using the app. The name of the application by IDFC is called “IDFC Aadhaar Pay.” The application is not the same as IDFC Bank Merchant Services .
Experiencing the demonstration of AadharPay and show it's working process to people.
The application is not available for regular consumers and is meant only for merchants. It has not been released on the Play Store. A merchant gets onboard IDFC bank through an e-KYC process and gets a link on a smartphone within the hour. The application can only be downloaded through that link, as of now. The application is connected to an Aadhaar biometric reader certified by the Standardization Testing and Quality Certification (STQC) . Shoppers have to input their bank name and Aadhaar card number into the application and authenticate the transaction using the fingerprint scanner.
Demystifying the Aadhaar Payment App: It has been launched, just not on the Play Store, don't fall for fakes Tech2 Mobile
