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Aadhaar can be used for fund transfer without bank account

Aadhaar can be used for fund transfer without bank account

Tuesday, February 21, 2017, 11:37 AM

The 12-digit Aadhaar number can be soon used as a payment address for sending and receiving money, irrespective of linking the unique ID to a bank account. IndiaPost, which plans to launch a full-fledged payments bank in September, plans to introduce a solution to make Aadhaar a payment address which can work with or without a bank.
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