PLEASE NOTE :- kalahandipost.blogspot.com is not the official website of kalahandi postal division. It is just a private initiative to make the people aware about different postal product and services.All content displayed here are contributed by user and collected from different open sources. We do not claim any accuracy or originality of content.All pages you visit through the hyper link may have different privacy policy.we will not be liable for any losses, injuries or damages arising from its display or use. [ For any query/suggestion, kindly mail us at kalahandipost@gmail.com ]
kalahandipost.blogspot.com is not the official website of kalahandi postal division. It is just a private initiative to make the people aware about different postal product and services.All content displayed here are contributed by user and collected from different open sources. We do not claim any accuracy or originality of content.All pages you visit through the hyper link may have different privacy policy.we will not be liable for any losses, injuries or damages arising from its display or use.

UIDAI & Indian banks to create anetwork of 14 lakh Aadhaar-enabled micro ATMs

The Unique Identification Authority of India (UIDAI) is planning create a network of 14lakh Aadhaar-enabled micro ATMs across the country. While the banks will authorize the transaction, the authentication will be done by UIDAI by biometric association with its database. The micro-ATMs will be more like point-of-sales terminals which will read cards and communicate with the bank's core banking system and the Aadhaar biometric database. The plan is to have at least two micro-ATMs in every village.
The UIDAI is also considering giving unbanked citizens the option to receive a pre-paid payment card issued by banks which can be used for channeling payments from government schemes, including National Rural Employment Guarantee Act.
The micro-ATMs, which are to bedeployed by banks, will be manned by business correspondents appointed by banks. These business correspondents will act as mini bank branches by accepting deposits, enabling withdrawals,fund transfer from Aadhaar-to-Aadhaar accounts and providing statement of transactions. The connectivity will be provided by the Aadhaar-enabled payment system (AEPS) – a new electronicpayment network jointly promoted by the National Payment Corporation of India with the UIDAI. Over 60 banks have registered to be part of this network.

3 comments:

  1. Prеtty section of content. I simply stumbled upon youur blog
    and in аccerѕsion capіtal to say tɦt I get iin fact enjoyed account your
    weblog posts. Anyy waay I will be subscribing oon yօur augment and even Ӏ fulfillment you get entry to constantly quickly.


    Also visit mү blog investment funds Definition

    ReplyDelete
  2. Greеtings, I Ԁo think your weeb sote might be having web browser compаtibility
    issues. Wɦen I taake a loоk att your ѡeb site
    in Safari, it looks fine however when opening in I.E., it's gott some ovеrlapping issues.
    I simƿly wanted to give you a qhick heads up! Other than that,
    wonderfսl blog!

    Loߋk at my blog post: economy Energy

    ReplyDelete
  3. Thanks for sharing your thoughts on industrial bank co
    ltd. Regards

    Here is my web page ... the hindu times lyric

    ReplyDelete