Launch Aadhaar pay platform on Ambedkar’s Birth Anniversary : PM

Launch Aadhaar pay platform on Ambedkar’s Birth Anniversary : PM

- in delhi
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PM Narender Modi will next week launch the government ‘s new digital payment initiative that aims to make banking accessible to people who could not read or write.

The initiative, christened Aadhaar pay, is a biometric based payment system that will allow an Aadhaar linked account holder carry out all his banking transaction just by the use of his thumb impression.

Modi will lauch the scheme on April 14 to mark the birth anniversary of Dalit icon Bhim Rao Ambedkar.

Last year, while launching the Bharat Interface for Money (BHIM) app, modi had said that there was a time when unlittered people were ‘angootha chaap’ “but now, the thumb impression would make way for a person’s bank identity and even bossiness,” he had said.

 

 

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