Cashless Transactions - India

This discount facility started now.
Not earlier when it was announced.
Discount on cashless payment for fuel from Tuesday
Sanjay Dutta| TNN | Updated: Dec 12, 2016, 11.26 PM IST

NEW DELHI: The discount scheme on cashless payment for fuel, announced last week as part of a clutch of incentives to encourage use of electronic payment gateways, will come into effect from Tuesday.

Finance minister Arun Jaitley had on Thursday said state-run fuel retailers will offer a discount of 0.75% to consumers who buy petrol and diesel using debit or credit cards and other digital methods such as mobile wallets and prepaid loyalty cards.
On Monday, the fuel retailers said the discount will be credited to customers' account by way of 'cash-back' within three working days of the transaction. This means customers will first be charged the full amount at the petrol pump when they swipe their card and will get the discount reverted into their account within the next three days.
Last edited:

NEW DELHI/MUMBAI: The government is coming up with an 'Aadhaar Payment App' that could silence digital payments critics. The new app would do away with plastic cards and the point of sale machines once believed to be essential for a less cash society.

The app, to be launched on December 25, would also eliminate the fee payments for service providers like card companies such as Mastercard or Visa, which has been a stumbling block in merchants switching to digital payments making it affordable to even merchants in remote villages, said people familiar with the development. All that it needs is an Android phone with the merchant.

Merchants need to download the Aadhaar cashless merchant app on their smartphones connected to a biometric reader, which is currently available for Rs 2,000. The customer will then feed his or her Aadhar number into the app, select the bank through which the transaction will take place,and the biometric scan will work as a password for the transaction to be authenticated.

"This app can be used by a person to make payments without any phone,'' Unique Identification Authority of India (UIDAI) CEO Ajay Bhushan Pandey told ET.

"Almost 40 crore Aadhaar numbers already stand linked to bank accounts - that is half the adults in India. The aim is to link all Aadhaar numbers with bank accounts by March, 2017."

The government, along with the regulator and payments companies, is working to ensure that the objective of making digital payments a reality across the country.

IDFC Bank along with UIDAI and National Payments Corporation of India have developed this app which would be launched at the national level on Sunday. The new technology was shown to finance Minister Arun Jaitley and information and technology minister Ravi Shankar Prasad on December 19.

"The settlement is done through the Aadhaar bridge, which means it con-nects a much wider set of people," said Rajiv Lall, MD & CEO at IDFC Bank.

"Anybody who has Aadhaar seeding done can make payments to merchants with this app. It wouldn't matter if the person does not have a credit or debit card, or even a mobile phone.''

The acceptance of point of sale terminals in the country has been slow with only 15 lakh terminals deployed by various banks. SBI alone has deployed over 3 lakh terminals followed by HDFC Bank and ICICI Bank. Even though card payments made its way into Indian merchant establishments two decades ago, the acceptability has been poor due to the nearly 2-3% charges that merchants used to levy and the 2% charges the card companies like Mastercard or Visa used to levy.

Furthermore, the lack of connectivity made it impossible for millions of merchants in the hinterland to adapt the card payment methods.There are over 15 lakh such machines for a population of 125 crore and nearly 5 crore merchants. If the 1.5 lakh bank branches in the country register even 20-25 merchants in their vicinity, it could boom.
Adhaar No. transaction :
How to pay effortlesssly ?
Aadhaar Card Enable Payment System
No need of Credit card or Debit Card.

Published on Dec 18, 2016
कैशलेस इकोनॉमी को बढ़ावा देने के लिए सरकार ने एक और बड़ा प्रयास किया है। अब आपका आधार कार्ड आपके एटीएम की जगह ले सकता है। इसमें चौंकने जैसी कोई बात नहीं है। आप सोच रहे होंगे कि आधार कार्ड से पैसे कैसे निकलेंगें ? तो हम आपको बता दें कि जैसे ATM डेबिट कार्ड के लिए एटीएम मशीने होती हैं वैसे ही आधार कार्ड के लिए आधार माइक्रो एटीएम है। इस आधार माइक्रो एटीएम से आप पैसे निकाल सकते हैं।

क्या है आधार माइक्रो एटीएम

इसके लिए आपके पास बस आधार कार्ड होना चाहिए और आधार कार्ड का नंबर आपके बैंक खाते के साथ जुड़ा होना चाहिए। अब आपको पैसे निकालने या ट्रांसफर करने के लिए पास के किसी आधार माइक्रो एटीएम पर जाना होगा।

कैसे निकालें/भेंजे पैसा

-सबसे पहले अपने बैंक खाते को आधार नंबर से जोड़ें
-आधार एटीएम में अपने आधार कार्ड का नंबर टाइप करें
-आधार एटीएम पर लगे स्कैनर पर अपना अंगूठा लगाना है
-इसके बाद आप पैसे निकाल सकते हैं और पैसे ट्रांसफर भी कर सकते हैं।

किसे होगा फायदा

आधार माइक्रो एटीएम से ग्रामीण इलाकों में रहने वाले लोगों को विशेष फायदा पहुंचेगा। सरकार अब तर 108 करोड़ से अधिक लोगों को आधार कार्ड जारी कर चुकी है इसलिए इस सुविधा का लाभ ज्यादा से ज्यादा लोगों को मिल सकेगा।

नगदी निकालना होगा आसान

इस सुविधा के बाद से लोगों के लिए आधार कार्ड एटीएम कार्ड की तरह काम करेगा। हां यह सुविध सबको मिले इसके लिए सरकार को आधार माइक्रो एटीएम बढ़ाने होंगे। विशेषकर ग्रामीण इलाकों में जहां नोटबंदी के बाद भी नगदी पहुंचने में दिक्कत हो रही है।

aadhaar card enable payment system

Aadhar Card Payment I आधार कार्ड से लेन देन कैसे करें | online Payment by Aadhar card in hindi
Last edited:
Find Aadhar centers here in your location:

Plastic Adhaar Card:
This can be made at selected centers of a city.
But if do not have any such center nearby.
Order online at

Any no. of copies can be taken.

Last edited:
How to step-wise download, use BHIM app for cashless transactions
Sunil Dhawan
Updated: Jan 04, 2017, 11.27 AM IST


Want to send money or receive it on your mobile? What one needs in such a case is just the 'Payment Address', and not bank details such as account number, IFSC code, etc.

No registration of the payee is required and neither is there any time restriction to send or receive funds. That's how the Bharat Interface for Money (BHIM) app, or for that matter any Unified Payment Interface or UPI-based platform, works.

For starters, here's a rundown on how to transfer money through the BHIM app.

BHIM app users need to remember three things. First, the passcode, then the Payment Address and last, the UPI personal identification number (PIN). So let's see how to create each one of them so that sending, receiving money through the BHIM app becomes a habit in this rapidly moving cashless world.

You need to have a bank account with your mobile number registered with the bank. Thereafter, download the BHIM app from Google Play Store on your Androidphone. Currently, it's available only on version 4.1.1 and above. There could be several BHIM apps available on Play Store, but the one from National Payments Corporation of India (NPCI) of less than 2 MB is the authentic one.

Step I: Passcode
Once you click on the downloaded BHIM app, you will be asked to create a passcode. It works only as an access code and keeps individuals, including friends, colleagues, and family members, away from accidentally accessing it. Remember it.

Payment Address
Your Payment Address will be your mobile number@UPI, and this is what you need to share with others to receive money from them. You can also create a custom Payment Address in addition to your phone number, for example, yourname@UPI.

Step II: Primary linked account
Thereafter, of the 30-plus banks currently offering this service, you will be asked to select one which you want to link to BHIM. But what if you have more than one bank account? Currently, BHIM supports linking of one account only. But you can change the account in a few seconds if you wish to and use it as your primary account.

Let's say, you select ABC Bank. The moment you select it, the next page shows you the last four digits of the bank account number and the IFSC code. It confirms that your account is linked. This will be your primary linked account.

Step III: Creation of UPI PIN
The PIN will be required to know your account balance and for transferring and receiving funds. It can be created by clicking on 'Bank Accounts'. You can set your PIN by going to the home page, then Main Menu-Bank Accounts-Set UPI-PIN for the selected account.

You will be prompted to enter the last 6 digits of your Debit/ATM card along with the expiry date. Nothing else needs to be shared online. You will then receive a One-time Password (OTP), which you will enter and set your UPI PIN. Do not use the MPIN provided by your bank for mobile banking. A fresh PIN needs to be created to use BHIM.

BHIM's home page
Once you have logged on to the BHIM app using the passcode, your home page will show you three buttons:
*Transactions: Clicking on it will show transactions made by you in the past and any pending transactions.
*Profile: Clicking on it will show your Payment Address, i.e., mobile number@UPI
*Bank account: Clicking on it will show the primary linked account or the default account. Here, you can get to know the account balance, but not the last transactions, at least as of now.

Actual transactions
You are now good to go and can start receiving or transferring funds using the BHIM app. While sending and receiving funds is simpler, it can be tricky if you have more than one account. Say, your friend has to transfer some money to your account. You just have to tell him your Payment Address, i.e., mobile number@UPI. If you have the virtual payment address (VPA), you can also use it while routing transactions through BHIM.

Once your friend sends you the funds, it will land up into the primary linked account. But if you wish to receive them in another account, you will have to log on to BHIM and change your primary linked account. Currently, the transaction limits are: Maximum Rs 10,000 per transaction and Rs 20,000 within 24 hours.

All the information exchange happens over secure banking networks, and as per the BHIM app disclosures, it doesn't store any information. However, if you happen to lose your phone and also the debit card, the risk exists as the UPI PIN can not only be created, but funds can also be transferred. The trail of transaction can still be accessed and investigated after raising complaint with the bank. When the mobile is doubling up as your wallet, it's better to treat it with similar safety.

Unless your friends or others have created their own Payment Address, sending or receiving money, i.e., usage of BHIM app, will be restricted. Cashless transactions though the app is directly from your bank account and, therefore, very different from e-wallets as you don't have to load them with money. And neither have they given you any cash backs similar to e-wallets. Still, if you want to transact cashless with no-frills attached, the BHIM app could be the way forward.