PhonePe enables UPI activation with Aadhaar: What this means for users and how to use it

PhonePe has announced that it has enabled UPI activation using Aadhaar-based OTP authentication. PhonePe claims that it is the first UPI TPAP App to roll out the Aadhaar-based UPI onboarding flow that will now enable several crore Indians to become a part of the UPI ecosystem, seamlessly and securely for the first time.

Speaking on the launch Deep Agrawal, Head of Payments at PhonePe said, “We are excited to be the first fintech platform to offer Aadhaar based authentication for our users, making the UPI onboarding flows even more simple and inclusive. We believe this is a very progressive move by RBI, NPCI and UIDAI and is a great example of the digital financial inclusion that UIDAI’s Aadhaar program has been able to drive. This will help expand the overall UPI ecosystem, and also onboard new customers to the digital payments fold. UPI has become a global example, and countries across the world are looking to implement it. Going forward, we are closely working with NPCI to take UPI international.’’

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