The system allows merchants to accept payments through the customers Aadhaar-linked bank account without a physical payment instrument. The solution is supported with biometric data encryption and SSL keys to prevent identity theft and fraud.
Merchant can transact through FSS Aadhaar Pay via smartphone, biometric-enabled point-of-sale device or micro ATM. The system also allows merchants to generate digital invoices and offer loyalty and reward benefits.
Aadhaar is a unique, 12-digit identification number issued by the government to every resident of India.
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