Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Apr 16, 2018

Aadhaar Micro ATMs: How They Work Explained In 10 Points

Aadhaar Micro ATMs: How They Work Explained In 10 Points
Aadhaar micro ATMs are like modified POS (Point of sales) device.

More than 58 crore individuals can now use Aadhaar micro ATMs (Automatic trailer machines) for banking transactions without ATM card or PIN, mentioned UIDAI (Unique Identification Authority of India) in a tweet on its official handle - @UIDAI.  Aadhaar micro ATMs payment is a new method that provides complete payment solution where individual's Aadhaar number is enough to make transactions. Aadhaar is a 12-digit unique identity number issued by UIDAI. According to UIDAI, more than 4 lakh Aadhaar micro ATMs are deployed as of now for doorstep banking services. (Also read: How Aadhaar Is Beneficial For Pensioners​)

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search