You will have to remember your Aadhaar number. Here’s why
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Soon, you will have to pay for petrol and diesel through Aadhaar cards as the Indian government is planning to come up with a payment system that will allow you to pay through a single number.
You will have to remember your Aadhaar number as the payment will allow you to pay for fuel by simply pressing their fingers on an Aadhaar-verifying device that would trigger the transfer of money from their bank accounts to the filling station.
Tata Consultancy Services has been roped in to build this facility at about 1,000 filling stations.
The IT major has built an application that can be downloaded on to mobile devices used at filling stations, which would be connected to Aadhaar-verifying devices. Once a customer's identity is validated, the system will debit the billed amount from the Aadhaar-linked bank account and transfer it to the fuel station's account.
"Many people are scared of using cards or mobile wallets because they are a little shaky about technology. This is what we are trying to address by making the consumer interface friendlier," an oil ministry official told ET.
Digital payments have doubled to 40% of the total in November as more customers used cards or mobile wallets to buy fuel.
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You will have to remember your Aadhaar number as the payment will allow you to pay for fuel by simply pressing their fingers on an Aadhaar-verifying device that would trigger the transfer of money from their bank accounts to the filling station.
The IT major has built an application that can be downloaded on to mobile devices used at filling stations, which would be connected to Aadhaar-verifying devices. Once a customer's identity is validated, the system will debit the billed amount from the Aadhaar-linked bank account and transfer it to the fuel station's account.
"Many people are scared of using cards or mobile wallets because they are a little shaky about technology. This is what we are trying to address by making the consumer interface friendlier," an oil ministry official told ET.
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