Indshine Projects Limited

About Aadhar Pay:

Aadhaar Pay is a payment system which allows merchants to collect payments from a customer using his/her Aadhaar number and biometric authentication. The Aadhaar seeded account of the customer gets debited and merchant account gets credited.

In other words,AirCash Merchantis a retail payment and collection solution enabling merchants to accept digital payments even from customers without a card or wallet or mobile.

• AirCash is about making paymentscard less, cashless and mobile-less.
• Our solution provides retail market customers to make payments bare pockets.
• We providebiometric devices and complete solution to accept payments which are moreconvenient, fast,simple and secure.

Benefits to Merchants :-

• Seamless fund collection from customers
• No MDR Charges*
• Safe and Secure
• Increased customer satisfaction as process saves time
• Easy reconciliation
• Eliminates cash handling cost and risk.

Transactions on Aadhar Pay: Smartphone (AirCash App) with reliable data connection, Fingerprint Scanner (Biometric Device), Any Bank A/C

Benefits to Customers:

• No need for a smart phone to make payments
• No need to rememberPINPasswords
• Customer ease, easiest way of cashless payment
• Pay from any Aadhaar enabled bank account
• No security issue as payments are done through biometric authentication
• No need to carry cash, Card, Wallet or eWallets.

Transactions on AADHAAR PAY :-

Just need to rememberAadhaar numberLinked Bank AccountName.

What is the process of collecting money through AADHAAR CARD linked with Bank Account?

Login to AirCash Merchant App and raise an invoice by entering the amount and remarks

Select Aadhaar Pay as mode of payment collection

Merchant needs to ask the AADHAAR No of the Payer or can scan the QR code of AADHAAR CARD (So that system automatically fetch the AADHAAR No)

Customer needs to provide a mobile number present at that moment for deduction notification

Merchant needs to ask the bank name of the customer where he/she wants to pay from and merchant needs to select the said bank from dropdown list of banks

Customer to provide biometric thumb impression on the device for the authentication

How can a customer make payment through Aadhaar Number?

Customer wishes to pay the charges through Aadhaar Card over the counter.

Merchant chooses Aadhaar Pay as payment collection mode and asks for the customers Aadhaar number

Merchant needs to choose Aadhaar seeded bank from the list. Then he/she needs to provide the thumb impression on the Biometric scanner. Fingerprint will work as a password for the payment

System tallies fingerprints with the available data in Aadhaar database. If it matches, the transaction is successful.