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Aadhaar Pay will be cheaper than cards

Aadhaar Pay will be cheaper than cards

Thursday, February 2, 2017, 1:22 PM

In Union Budget 2017-2018, Finance Minister Arun Jaitley announced that, the government plans to launch an Aadhaar-enabled payment system soon, which can be used by those who do not have credit ,debit cards or smartphones. However, the consumer needs to have a bank account and Aadhaar number. Because of cost saving, Aadhaar pay will be cheaper than card payments for both merchants and customers.
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