NEW DELHI--India's leading banks along with global financial services company Visa have launched a new payment initiative aimed at bridging the country's digital divide, and to provide millions of ...

IDFC Bank has launched an app called Aadhaar Pay that aims to help millions of its citizens without a smartphone to pay for their purchases digitally with just their fingerprint. Merchants will be ...

Aadhaar Pay is also expected to work as a viable alternative for point-of-sale (PoS) retail payments for customers who face difficulties using cards or smartphones. Aadhaar Pay is also expected to ...

The next phase of India’s national digital payments initiative begins next month when 20 banks launch Aadhaar Pay, an app enabling merchants to accept payments on smartphones from consumers using ...

India's Prime Minister, Narendra Modi, is rolling out another part of his move to a less cash society today. This is the Aadhaar payment app. This works on an Android mobile phone and enables cost ...

The progress of the Aadhaar-based Payment System (ABPS) has been reviewed and the mixed route of wage payment (NACH and ABPS route) has been extended till 31 December 2023 or till further order, said ...

A Brickworks Media survey finds that only 35.7 percent people in rural India are aware of BHIM. BHIM-Aadhaar Pay mobile application launched by Prime Minister Narendra Modi will boost "transparency ...

There is no statistically significant difference either in timely payment of wages or in payment rejections between the Aadhaar-Based Payment System (ABPS) and the standard bank account-based methods, ...

Cybercriminals are increasingly exploiting the Aadhaar Enabled Payment System to withdraw money from bank accounts without ...