Aadhar to connect 60 crore mobile banking accounts: Nandan Nilekani

Aadhar-to-connect-60-crore-mobile-banking-accounts-1024x681.jpg

Aadhar to connect 60 crore mobile banking accounts

UIDAI is planning to link 60 crore mobile banking accounts with Aadhaar in the future to provide a huge boost to mobile commerce.

The potential of having 60 crore mobile banking accounts linked to Aadhaar is what we are targeting in future. This will have a ripple effect on e-comA?merce and various other mobile transactions, said Nandan Nilekani, Chairman, UIDAI.

As of now there are around 250 million people registered under Aadhar. UIDAI expects to enroll 600 million by 2014. Nilekani emphasised that Aadhaar can abolish frauduA?lent activities to a great extent and help the end beneficiary. Aadhaar can be used to valiA?date the identity of an individA?ual, be it for the cash-on-delivA?ery model for e-commerce portals or even for getA?ting telephone connection, Nilekani added.

Leave Comments