Over 226 crore Aadhaar authenticated this month: UIDAI

With over 226 crore Aadhaar authentication transactions, a growth in the adoption and usage of Aadhaar across different sectors in India, the Unique Identification Authority of India (UIDAI) said in a press release. It also said that over 10.97 million numbers have been seeded in Aadhaar this month, marking around 93% jump as compared with January.

Aadhaar is a 12-digit number that links to the biometric and iris data of an individual, creating a unique identity.(Reuters)
Aadhaar is a 12-digit number that links to the biometric and iris data of an individual, creating a unique identity.(Reuters)

“The jump is indicative of UIDAI’s continuous encouragement, facilitation, and residents’ willingness to keep their mobile number updated for availing various services,” it said in the release.

Also read: Aadhaar document updation process just got free for limited period. Check details

UIDAI has been asking residents to link their Aadhaar with mobile number for better and effective communication while availing welfare services and accessing multitude of voluntary service. Around 1,700 central and state social welfare direct benefit transfer (DBT) and good governance schemes have been notified.

Over 9,255 Aadhaar authentication transactions have been executed by the end of February, UIDAI said, adding that majority of the authentications transaction numbers were carried out by using fingerprint, it is followed by demographic and OTP.

It further added that the adoption of e-KYC has reduced customer acquisition cost of entities like financial institutions, telecom service providers and others. Cumulatively, Aadhaar e-KYC transactions so far has gone past 1,439.04 crore by the end of February.

“Aadhaar e-KYC service continues to play a stellar role for banking and non-banking financial services by providing transparent and improved customer experience, and helping in ease of doing business. More than 26.79 crore e-KYC transactions were carried out in the month of February,” it added.


For all the latest business News Click Here 

Read original article here

Denial of responsibility! TechAI is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.