UIDAI for incentives to merchants using Aadhaar payment system

UIDAI for incentives to merchants using Aadhaar payment system
UIDAI for incentives to merchants using Aadhaar payment system

NEW DELHI: In a bid to promote Aadhaar-based payment system, especially in rural pockets, UIDAI has favoured “incentives” for shopkeepers using the biometric mode for digital transactions, in line with commission given by banks to Business Correspondents.

“If a merchant is using Aadhaar-enabled payment systems then he should be put at par with Business Correspondent and whatever facility and commission is available to the Business Correspondent, he should be paid on the same lines,” Ajay Bhushan Pandey, CEO of UIDAI, told reporters.

The Unique Identification Authority of India (UIDAI) is the nodal body responsible for rolling out the Aadhaar programme in the country.

“We are saying wherever you do not have business corespondents, supposing a merchant is able to facilitate payment directly from the Aadhaar-linked bank account, then there has to be a system in which the merchant should get the incentive,” he said.

Doing this would be a win-win for banks too, Pandey said. (AGENCIES)

 

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