No phone or UPI address: Aadhaar is one of the most important documents of India. You must have used the Aadhar card as an important document in many government and private works, but now you will also be able to make payment with the Aadhar card number. Now you must be thinking how, so let’s tell…
Actually, UIDAI has revealed that BHIM users will be able to send money using the Aadhaar card number to people who do not have a phone or UPI address.
Yes, BHIM users can send money using the Aadhar card number of the recipients. The outbreak of the coronavirus pandemic has given a massive boost to digital financial transactions in India. From education to buying groceries and making all kinds of payments, almost everything has gone digital. However, some people have not been able to get the benefit of it. For example, there are people who do not have a smartphone or a Unified Payment Interface (UPI) address, due to which they find it difficult to send money. To address this problem, the Unique Identification Authority of India (UIDAI) has revealed that people who use BHIM (Bharat Interface for Money) can send money using Aadhaar numbers to recipients without a phone or UPI address. can. Isn’t it a wonderful facility, let’s know how the whole work will be done…
It may be noted that BHIM is a UPI-based payment interface and allows real-time fund transfer using a single identity like your mobile number or name. According to UIDAI, in BHIM the beneficiary’s address shows an option to send money using the Aadhaar number. If you are a BHIM user and want to send money using Aadhaar number then you need to know:
How to send money using the Aadhaar number in BHIM?
To send or transfer money using the Aadhaar number, a BHIM user needs to enter the 12 digits unique Aadhaar number of the beneficiary and press the Verify button.
Thereafter, the system will verify the Aadhaar linking and populate the beneficiary’s address and the user will be able to send money as per the information provided by UIDAI.
In which account of the recipient will the money be credited?
As per UIDAI, the money will be credited on transfer to the bank account of the recipient chosen by him/her for availing DBT/Aadhaar based credit. Also, the Aadhaar number and fingerprint can be used to make digital payments to merchants using Aadhaar Pay POS to receive payments.
If a person has accounts with more than 1 bank and all the accounts are linked with Aadhaar, then all the accounts can be used to make digital payments.
According to UIDAI, “While making Aadhaar based payments, you will be given the option to choose the name of the bank from which you wish to make the payment. Thus, you have the option to decide the bank each time you make a payment.” Also, your account will be debited online/instantly while making payments through Aadhaar Pay.