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Pay with your finger

July 17 2017  If you need to pay at shops, multiplexes and other Points of Sale ( POS), there is a new e-payment mechanism,  that is also full of promise: the Aadhaar-enabled Payment System (AePS). You can  enter your Aadhaar number into  a  micro ATM  terminal and place any finger to scan your print. That's  it.    You don't need a debit or credit card.  You don't need to remember its PIN. You don't need a phone .  And in the latest advance,  the merchants   don't need a special micro terminal either. They can download  what is known as the  BHIM-Aadhaar app on a mobile phone and attach to it a fingerprint scanner costing about Rs 2000.  The customer provides just his  Aadhaar number and a finger.   BHIM and Aadhaar: made for each other  -- and for  us.

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