Sunday, 12 March 2017

POST Inclusion is about identity not bank accounts

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"If the plans of the upcoming payment bank by IndiaPost are to go by, over 112 crore Indians who have an Aadhaar number till now will be able to transact - send and receive money - only on the basis of the Aadhaar number irrespective of the fact whether it is linked to a bank account or not."

Pocket: Your 12-digit Aadhaar number could soon be your single point payment address

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