New Delhi: IDFC Bank has officially launched its Aadhaar pay infrastructure meant for those without any mobile phone to carry out cashless transactions.


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The bank aims to reach 50,000-75,000 merchant points to be connected to the Aadhaar pay module in the next two years.


 


Here's how you can do your transactions


The android app makes cashless transactions possible even for those who do not have mobile phones


All one needs is to get the bank account number linked with Aadhaar


Basic banking services will come to those who even do not have basic mobile phones


For Merchants


However, the merchant has to have a mobile phone


Merchants will have to link the app to Aadhaar biometric reader


Once done, merchants will be able to start transacting with customers


For customers


Select the bank on the touchscreen


Feed in your Aadhaar ID number


Scan fingerprints on the device to get the confirmation