Consumers can now make payments through Aadhaar Pay at all MOS digital kendras. MOS Utility Pvt Ltd is facilitating Aadhaar number enabled financial transaction named Aadhaar Pay, through bio-metric machines as part of its drive to convert the country into a cashless system.
In a store, a purchaser is excited about purchasing many products. Along these lines, assuming that the purchaser can purchase the products, they can pay through Aadhaar Pay. So as of now the vendor can utilise Aadhaar Pay and get the payment.
The customers have to know their Aadhar card number which is connected to their bank account. They would need to utilise their unique finger impression that is verified with their Aadhaar card. Furthermore solely after verifying their finger impression, the exchange would be finished by the bank.
As a technology partner to the key governments, MOS Utility will now be extending their hand towards Prepaid Open Card and Cash Management Service (CMS) including NSDL Payments Bank. MOS Utlity Pvt Ltd believes that branchless banking tie-up will give a boost to its online presence and more people will be able to avail themselves to use banking facilities from their neighborhood.
Commenting on the development, Chirag Shah, Director of MOS Utility Pvt Ltd, said, “It is with great happiness and pride that we announce about Aadhaar Pay with MOS Retails and Distributors to extend banking services to the far corners of the country. This will not only ensure growth in our scalable model but also help in achieving the larger goal of bridging the financial inclusion gap between urban and rural India. It will take banking to the doorstep of customers and help them make informed choices and avail of MOS Utility services at their convenience.”
The main mission of MOS Utility Pvt Ltd is to set up a nationwide seamlessly networked environment of connectivity for all online retail and mobile-linked demographics by facilitating e-commerce, banking, travel & utility services within their reach.
