Now money will come out of the Aadhaar card, know how
Till now you used ATM card while taking money from ATMs. But now you will not need an ATM card, because the government is now going to use the Aadhaar card to withdraw your money. Meaning the money will now come out of the Aadhaar card.
More than 1 lakh based ATM machines are being installed in FineTech firm Mahagram India. In fact, the main purpose of this service is to provide facility of ATM in those areas, where the distance between one ATM to another is very high or in which areas have not yet reached the ATM.
These ATMs will be available from new ATMs
Can also make a PAN card
What is the basis based payment
National Payment Corporation of India (NPCI) has prepared base based payments (AEPS). Through this, banks and financial institutions use the base number to provide their services. It also got the approval of RBI