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Can sending and receiving mobile payments through Aadhaar linked bank accounts be a reality?

One out of four Indians are expected to possess a Unique Identification (UID) number by 2014. Even as the mandatory adoption of Aadhaar-linked Direct Benefits Transfer (DBT) scheme has dealt a blow, the government is ready to roll out its new system. Wherein mobile to mobile payments could be made through the Aadhaar Card or Unique Identification number.

The AEPS sys ...

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