News in brief

India Post is to allow consumers to send and receive money using only their Aadhaar number from September 2017, when the government-operated postal system launches its own payments bank. “We will bring out a solution to make Aadhaar a payment address,” IndiaPost CEO AP Singh told The Economic Times. “People who already have an Aadhaar should be able to receive payment from any source.”

All copyrights for this article are reserved to NFC World

Share This