Although details were not shared, the Aadhaar-based smart cards would contain health details of senior citizens. Jaitley further said that the pilot service of these cards would take off in 15 cities initially in India beginning this year. The announcement for this new initiative shows how the government is focusing on the path of making Aadhaar the core platform in different services. Very soon, we will be introduced to an Aadhaar-based payment system which will use one’s biometrics for transactions. The recently launched BHIM app has also been integrated with UID for Aadhaar-based transactions.
The government recently said that as of now more than 111 crore citizens in the country have an Aadhaar number, and this unit covers more than 99 percent of the Indian adult population. Post demonetization, the enrollment for Aadhaar also increased to 7 to 8 lakh per day as against 5 to 6 lakh till October 2016. The government also reported an increase of 2.69 crore transactions of Aadhaar-based enabled payments in November 2016, which increased to 3.73 crore in December 2016 and 2.06 crore transactions in the first half of January.
How to use the BHIM (Bharat Interface for Money) Android App for UPI payments
[Copyright by Marcia Sekhose]