Now pay using BHIM Aadhaar app

Adhar Payment

Digital India is the new buzzword! For the first time in India, consumers can pay merchants using Aadhaar. You heard it right! The National Payments Corporation of India (NPCI) has enabled Aadhaar-based payments through BHIM app for merchants.
 
BHIM Aadhaar works on NPCI’s existing product – Aadhaar enabled Payment System (AePS). It allows the customer to make purchases using their Aadhaar number linked with their bank account. The transaction only requires customer’s fingerprint for authentication.
 
According to AP Hota, MD & CEO, NPCI, “this new payment method will directly cater to about 40 crore bank account customers spread across the country whose accounts are linked with Aadhaar. It is a huge opportunity for enabling digital transactions as about 99 per cent of adult population is now Aadhaar enabled. At present, over 30 banks are participating on BHIM Aadhaar and more member banks shall be on-boarded.”
 
Meanwhile, BHIM Aadhaar would be applicable for retail merchants (individuals and sole proprietors) only and not for corporate merchants. NPCI has extended support to public and private banks, including Allahabad Bank, Andhra Bank, Axis Bank, Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, City Union Bank (Issuer), Corporation Bank, Dena Bank, Federal Bank (ONUS), HDFC Bank, ICICI Bank, IDFC Bank, Indian Bank, IndusInd Bank (Acquirer), Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, Punjab & Sind Bank, State Bank of India, South Indian Bank (Issuer), Syndicate Bank, UCO Bank, Union Bank of India, United Bank of India, and Vijaya Bank.
 
Even, regional rural banks like Kerala Gramin Bank and Pragathi Krishna Gramin Bank sponsored by Canara Bank; Chaitanya Godavari Gramin Bank sponsored by Andhra Bank; Baroda Gujarat Gramin Bank sponsored by Bank of Baroda; Andhra Pradesh Gramin Vikas Bank sponsored by State Bank of India can avail the new payment system.
 
In addition, to make it simpler to the common man, the app has added three more languages – Marathi, Punjabi and Assamese. The total number of languages in BHIM app now stands at 12.
 
Also, consumers can now browse through the contact list of their phones and select beneficiaries for sending money. This is applicable to mobile numbers of users who are already registered with BHIM / *99#.
 
Other than this, BHIM has an enhanced QR feature. With the new version, users can browse QR code, which is saved in their mobile phones to scan and pay. Apart from these key updates, the upgraded BHIM app has made possible blocking / un-blocking to prevent unknown collect requests.