Aadhaar Card

Yes, your account will be debited online / immediately while paying through Aadhaar Pay.

Customers will not have to pay any transaction charges for payments through debit card, BHIM App and other payment made for upto ₹2000 from Monday onwards. Last Month, Union Cabinet approved a proposal that Government will bear the merchant discount rate (MDR) charges on transactions upto ₹2000 made through debit cards, BHIM UPI, or Aadhaar enabled payment systems to promote digital transactions. Happy Digital 2018 December Quarter BHIM transaction rises 86% to 145.6 million with value of ₹13,174 crore, financial services Secretary Rajeev Kumar tweeted. “Further impetus to digital payments, government to reimburse charges for transactions upto ₹2000 on debit cards/ BHIM. Zero charges on merchants Go digital, embrace transparency" he said. The merchant discount rate will be borne by the government for two years with effect from Jan 1st 2018 by reimbursing the same to banks. The move will have an impact of ₹2512 crore on the ex-chequer. The decision was taken at the cabinet ...

Bharat Interface for Money (BHIM app) is an initiative developed by the National Payment Corporation of India (NPCI) to enable fast, secure, reliable cashless payments through your mobile phone. You can also operate the BHIM app with other Unified Payment Interface – UPI app, and bank accounts. The Prime Minister Shri Narendra Modi launched the Aadhaar-based app dedicated to Bhim Rao Ambedkar at the Digi Dhan Mela in Delhi at the end of 2016. Visit the official website of the BHIM app here . BHIM App - What is it-How to Use it Is it-Same as Aadhar Payment App BHIM – Bharat Interface for Money After demonetization by the government, Paytm and similar mobile wallets have begun to be used almost everywhere from small stalls to designer stores. To plan for digital transactions without hassle and a cashless economy, the government has recently introduced the BHIM Aadhar Payments app that is connected to your bank account, Aadhar number and mobile number. BHIM app allows you to ...

As we all know, Aadhar is a unique 12 digit identification number that has been provided by the government of India to each resident. It solves a number of purposes such as being a proof of address and identity. The Aadhar has lately been linked with all the bank accounts to facilitate bank account portability. The Indian government has left no stone unturned to ensure that there are a number of benefits of the Aadhar and that it is almost a necessity for every citizen of India. In wake of the Digital India initiative by the prime minister , an Aadhaar Payment app has been launched. What is the Aadhaar Payment App? Towards the end of 2016, in the last week of December, an Aadhar-based mobile payment application which is more popularly known as the Aadhar payments app was launched by the Prime Minister of India, Mr. Narendra Modi. The name of this recently launched Aadhar payments app is BHIM (Bharat Interface for Money) . For an in-depth post on the BHIM app, click here . Or con...