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Aadhaar-Based Digital Payment Soon to be Introduced by Government

ASPA announced the opening of India's first international conference on authentication soltuions.
(File photo: Reuters)

ASPA announced the opening of India's first international conference on authentication soltuions. (File photo: Reuters)

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.

After the demonetisation 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, organised by Observer Research Foundation in association with the Ministry of External Affairs.

The minister confirmed that Aadhaar has already enrolled around 99 percent 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.

Also read: Infosys Campus in Chandigarh Goes Cashless

first published:January 19, 2017, 18:21 IST