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BHIM (Bharat Interface for Money) is an Indian state-owned mobile payment app developed by the National Payments Corporation of India (NPCI), based on the Unified Payments Interface (UPI). Launched on 30 December 2016, [ 1 ] it is intended to facilitate e-payments directly through banks and encourage cashless transactions.
The authentication records has been as "record of the time of authentication and identity of the requesting entity and the response provided" in Clause 2 (d). The Clause 32 states that the UIDAI must maintain the authentication records for the specified period. The Aadhaar number holder may access his authentication records subject to regulation.
Using the system, funds could be transferred to any Aadhaar-linked bank account if the Aadhaar number was known. It was announced that an SMS could be used for amounts up to ₹ 5,000 (US$58) and for amounts over that a mobile bank app could be used. By this time around 440 million Aadhaar numbers had been issued. [79]
User can authenticate a NACH API e-mandate on the web. The customer gets directed to the NPCI website, where customer has to choose their bank, and then authenticate via one of the two methods - 1. Net banking credentials 2. Debit card. [3] Kotak Mahindra Bank became the first bank to allow customers to choose both methods for authentication. [5]
The signature service is facilitated by authenticating the Aadhaar holder via the Aadhaar-based e-KYC (electronic Know Your Customer) service. [2] To eSign a document, one has to have an Aadhaar card and a mobile number registered with Aadhaar. With these two things, an Indian citizen can sign a document remotely without being physically present.
National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust payment and settlement infrastructure in India.
Preparation of the National Register of Indian Citizens. (1) The Central Government shall, for the purpose of National Register of Indian Citizens, cause to carry throughout the country a house-to-house enumeration for collection of specified particulars relating to each family and individual, residing in a local area including the Citizenship ...
DigiLocker is an Indian state-owned secure cloud based digitization service provided by the Indian Ministry of Electronics and Information Technology (MeitY) under its Digital India initiative. DigiLocker allows access to digital versions of various documents including driver's licenses, vehicle registration certificates and academic mark ...