Aadhaar app Vs other cards: How it will change the game for e-payments

Nandan Nilekani's recipe for a start-up government

Latest News -The Unique Identification Authority of India (UIDAI) is working with banks and the Reserve Bank of India (RBI) to ensure that merchants who use its mobile-based Aadhaar application for digital transactions earn commission up to one per cent of the transaction value.
With UIDAI suggesting it is on path to get this in place in a couple of months, the Aadhaar Enabled Payment System (AEPS), could give debit cards and e-wallets a run for their money. In contrast to what UIDAI is advocating, all other forms of digital payments require merchants to pay a fee or commission for the use of technology.
“The Aadhaar-based system is being used for PDS (public distribution system) in Andhra Pradesh, Rajasthan and Gujarat. We are also in discussions with (Read More)

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