Google Pay is rolling out assist for Aadhaar-based authentication for Unified Funds Interface (UPI) activation, the corporate introduced on Tuesday. The favored funds app will now enable customers to arrange their UPI PIN with no debit card. Customers who wish to register for UPI on Google Pay utilizing their Aadhaar quantity might want to be certain that they’re signing up utilizing the identical quantity that’s registered with each UIDAI and their financial institution. The corporate states that it doesn’t retailer customers’ Aadhaar numbers as a part of the validation course of.
In keeping with Google, the brand new Aadhaar-based system is designed to authenticate customers whereas signing up for UPI with no debit card. Customers must present the primary six digits of their Aadhaar quantity as a way to begin the authentication course of. The corporate says that these digits are despatched to UIDAI through the Nationwide Funds Company of India (NPCI) the place they’re validated.
NPCI’s web site states that 22 banks at the moment assist authentication of customers through Aadhaar, and Google says extra banks are anticipated so as to add assist for the characteristic “very quickly”.
With a view to full the method, customers must be certain that their checking account and Aadhaar quantity are linked. They may also have to join UPI utilizing the identical quantity that’s registered with their financial institution and UIDAI, to efficiently register for UPI on Google Pay.
Customers will then obtain one-time passwords (OTPs) from their financial institution and UIDAI, which will likely be used to finish the authentication course of. Customers can then arrange their UPI PIN and begin sending and receiving cash on Google Pay. Customers’ Aadhaar numbers are merely shared with NPCI and never saved by the corporate, in accordance with Google.
Final month, Google rolled out UPI funds assist for RuPay card holders of eight banks within the nation. As per particulars shared by Google, Axis Financial institution, Financial institution of Baroda, Canara Financial institution, HDFC financial institution, Indian Financial institution, Kotak Mahindra Financial institution, Punjab Nationwide Financial institution and Union Financial institution of India checking account holders would be capable to hyperlink their RuPay playing cards with Google Pay to make UPI funds.