CM Sri N Chandrababu Naidu held a meeting with the bankers today. He came up with a viable solution to go cashless. “AadharPay could be our solution to become cashless”, he shared, while brainstorming about the ideas and options.
With successful implementation of making Aadhaar-enabled payments system (AEPS) though Android mobile phones in the city, Chief Minister N. Chandrababu Naidu has vowed to take it to the national level. “The idea will be placed before 13-member panel of Chief Ministers, which I am heading, in the meeting scheduled on December 28,” he said.
“I shall prevail upon the Central government to replicate the same technology to promote cashless transactions,” he said, addressing 197th State Level Bankers’ Committee meeting.
He added that the government could achieve the breakthrough in a month and found an easy solution to promote digital payments. AadhaarPay is a hassle-free option wherein a consumer could just transfer money to the trader by just a thumb impression. The trader needs only a smart phone and a biometric reader to receive digital payments from the customers, he explained.