Aadhaar payment system to usher in tech revolution, believes President

Aadhaar payment system to usher in tech revolution, believes President

BHIM has become one of the most popular mobile payment apps within days of launch, and now President Pranab Mukherjee believes that the soon-to-be unveiled biometric Aadhaar payment system will usher in a technological revolution in India.

The BHIM mobile app is a tribute to the vision of Dr. Bhimrao Ambedkar who sought economic empowerment of the poorest. The indigenously-developed BHIM was launched on December 30 by Prime Minister Narendra Modi to enable fast and secure cashless transactions using mobile phones.

That said, the upcoming Aadhaar payment system will enable people to make and receive payments using their Aadhaar number and biometrics.

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