Aadhaar-based identification for UPI activation is now available through Google Pay, doing away with the need for a debit card. By merely utilising their Aadhaar credentials, consumers may easily sign up for the Unified Payments Interface (UPI) thanks to this connectivity.
The main reason for introducing this Aadhaar-based UPI onboarding method is to make it easier for a much wider user base to create UPI IDs, ultimately enabling more people to use digital payments. Bank account holders of supported banks can now use this function; plans call for extending its availability to more banks in the near future.
Approximately 99.9% of India’s adult population has an Aadhaar number, which they use at least once a month, according to latest statistics given by the UIDAI. By expanding UPI services to even more users, the Aadhaar-based onboarding facility hopes to promote financial inclusion by taking advantage of this widespread use.
The method of activating UPI with Aadhaar is simple. Users must verify that their bank records and registered phone number with UIDAI match, and that their bank account is connected to their Aadhaar.