BHIM Aadhaar Payment App – Download BHIM Aadhar Pay App for Merchants

BHIM Aadhaar is a new Aadhar Payment App is a new Android smartphone application being launched by the Narendra Modi government to encourage the use of digital payments. BHIM Aadhar Pay smartphone payment app would also eliminate the fee currently being charged by the private card companies such as “MasterCard” and “Visa”. The Android application would be launched on 14th April, the day mega draw from Lucky Draw Yojana to be held.

Aadhar Payment App BHIM Aadhar Pay will play a big role in making India a cashless economy, however it will take years, probably decades when one can say that India is a cashless economy. However, Cashless doesn’t mean “Without Cash”, rather it means “Less Cash”, as per the statement by Mr. Arun Jaitley.

UPDATE: A Similar Aadhar Payment App has been launched by IDFC bank, detailed information on official website of IDFC bank at this link.



BHIM Aadhar Pay – Aadhar Payment App Working

Merchants would be required to download the BHIM Aadhar Pay payment app on their android smartphone connected to a biometric reader. The biometric reader is currently available for just Rs. 2000. If a customer wants to make payment, then he/she just need to enter his Aadhar Number in the app and select the bank from which the payment is to be made and use the biometric scan as the password for the transaction.

Upon entering the Aadhar Number, the app would automatically fetch the bank accounts linked with your Aadhar number, then the customer can make the selection of bank for payment as per his/her choice.

IDFC Aadhar Pay App

IDFC Aadhar Pay App – How it Works

Customers would not require any app or password to pay to merchants against any purchase. However, the bank account holders whose Aadhar number is linked with their bank account would be eligible to make payments through Aadhar Pay Payment app.

According to Unique Identification Authority of India, almost 40 Crore Aadhar numbers already stands linked with the bank accounts while the rest are targeted to be linked by March 2017.

BHIM Aadhar Pay – Aadhar Payment App

However the official government BHIM Aadhar Pay App is yet to be launched but a similar Aadhar based payment app has been developed by the IDFC Bank along with UIDAI and National Payments Corporation of India. The app has been launched for merchants and developed to tap a wider set of people. The bank account holders with Aadhar Seeded does not require to have any debit or credit card or even a mobile phone.

  • It will pave the way for making digital payments by using the Aadhaar platform.
  • Any Indian citizen can pay digitally using their biometric data like their thumb imprint on a merchants’ biometric enabled device which could be smart phone having a biometric reader.
  • Any citizen without access to smart phones, internet, debit or credit cards will be able to transact digitally through the BHIM Aadhaar platform.
  • Already, 27 major banks are now on board with 7.15 lakh merchants so that they can start accepting payments using BHIM Aadhaar.

How to Use BHIM Aadhar Pay App
Merchants would just need to download the Aadhar Pay App and connect their smartphones to the biometric scan machine to accept the payments from customers. The merchants would also be required to connect their bank accounts and register themselves on the app.

Download BHIM Aadhar Pay – Aadhar Payment App

The application can be downloaded from the Google Play Store by searching for “Aadhar Pay” and clicking the download link. The direct download link for the official government app would be available soon.

The Aadhar Pay app by IDFC bank can be download only by the link sent to the merchant’s mobile number after e-KYC verification of merchant’s account number. To get the app, the merchants are required to visit the nearest branch of IDFC bank.
More details about how to Download & Install Aadhar Payment App.

Why BHIM Aadhar Payment App

The Aadhar Pay App for merchants would help eliminate the long waiting period and hassle of getting a new POS (Point of Sale) machine. At present there are only 15 lakh POS machines deployed by the banks across the country. SBO alone has deployed over 3 lakh terminals followed by HDFC Bank and ICICI Bank.

BHIM Aadhaar Pay app is made available on a merchant’s smartphone. Customers can pay the merchant by selecting the Bank’s name and filling only one field on the merchant’s phone – the Aadhaar number. The customer’s fingerprint is the password used to authenticate the transaction. It is the simplest way to pay.

Customers need not use debit or credit cards, download mobile applications or even carry a mobile to make cashless transactions. The solution eliminates the hassles of remembering passwords, account numbers, or setting up of virtual payment addresses and using USSD codes to transfer money.

The acceptability of digital payments has also been very poor among the merchants in the country. One of the biggest reasons behind this is India being a cash dominated country and 2%-3% charges taken by the card companies such as Visa and MasterCard.

The lack of connectivity has also made it difficult for the merchants in the country to adopt digital payment systems. There are about 5 Crore merchants in the country at present and only 15 lakh POS machines for a population of more than 125 crore.

Not only for the merchants, the BHIM Aadhar Payment would also be helpful for customers to get rid of their stacks of plastic money, confusing sets of passwords and their digital payment accounts passwords being stolen. Also, the customers need not to download a digital payment wallet or even a smartphone.

The consumer app is also one of the parts of BHIM Aadhar Pay app to make quick digital payment.

Disclaimer & Notice: This is not the official website of Aadhar Payment App nor associated with any Govt. body. Please do not treat this as official website and do not leave your personal contact information in the comment below.
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