Sunday, 12 March 2017

POST Inclusion is about identity not bank accounts


"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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