Aadhaar Payment App has been released to enable the Aadhaar based Payment System. With Aadhaar based payment system the government will be able to speed track financial inclusion in the country. With Aadhaar Payment App Consumers and Merchant will also benefit as all the transactions will be carried out cashless.
With a recent demonetization, Aadhaar Payment App will be helpful for all of us, as there will be no need to carry cash with you. Everyone will be able to make transactions cashless with Aadhaar Payment App. Whether you are rich or poor or whether you have a phone or don’t have any phone or whether you are from urban or rural areas.
Aadhaar Payment App is unique and different from all other mobile wallet apps which we have currently. With Aadhaar Payment System you can pay without a phone, only catch here is that merchant who is accepting the payment should have a smartphone, internet, and Aadhaar Pay App Installed on their smartphone. Customers who wish to make payment to the merchant should have their Aadhaar number available with them linked with Bank Account and their thumb.
To authorize the payment while making the payment from your bank account, your fingerprint will be captured and the transaction will get successful. There is no need to enter any pin or password. When you make the payment or transaction via BHIM Aadhaar Payment App the amount will get debited from your Aadhaar linked bank account and will get credited into the merchants bank account linked with Aadhaar.
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Download BHIM Aadhaar Payment App (This Process is Only for Merchants)
To download Adhaar Payment App on your smartphone please follow the below-given process.
- From your smartphone just tap on Google Play Store.
- Search for the Aadhaar Payment App of any bank.
- Download & install the Aadhaar Pay App on your phone.
- Once the Aadhaar Payment app gets installed, just register yourself as a merchant in the app
- Connect the fingerprint scanner device to Android Phone
- Validate yourself with Aadhaar and select the Aadhaar linked bank account in which you want to get the payments credited
- Setup an mPIN and you are ready to accept payment from the customer
How to Accept Payments through BHIM Aadhaar Payment App
If you want to accept payment from customers through the BHIM Aadhaar enabled payment system.
Open the Installed Aadhaar Payment App
Enter the mPIN and login into the account
Enter customers Aadhaar Number or Virtual ID and select bank (Make sure customers Aadhaar is linked with the bank)
Enter the amount which needs to be collected or billed
Capture the fingerprint of the customer by placing it on the fingerprint scanner
On successful validation, the amount will be credited into your bank account
FAQ’s on BHIM Aadhaar Pay App
Where can the customer pay with BHIM Aadhaar Pay?
Customer can only pay with BHIM Aadhaar Pay using their Aadhaar No/ Virtual ID & biometrics at all locations where all merchant is accepting BHIM Aadhaar Pay.
How much maximum payment can Customer make through BHIM Aadhaar Pay?
Per transaction cannot exceed ₹10000
When will the collected amount get settled into Merchants Account?
The Collected amount from customer through BHIM Aadhaar pay will be instantly credited into merchants bank account in real-time