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.