Instant Visa PrePaid cards for Aadhaar card holders

Aadhaar gives access to pre-paid Visa accounts in India

December 13, 2012 -

On Wednesday, the Indian government announced the launch of Saral Money, a unique financial services and electronic payments program, using Aadhaar, the countryâ€™s biometric national identity system.

Visa has collaborated on this project with five Indian banks: SBI, HDFC Bank, ICICI Bank, Indian Overseas Bank and Axis Bank, the Hindustanitimes reports.

This system works by issuing those with Aadhaar numbers a new Visa Instant Account and a pre-paid card, immediately. Prior to this, Visaâ€™s tough proof-of-identification
registration policies have automatically excluded many people India, but by using widely-issued Aadhaar numbers as valid identification, the spread is much greater.

cont.: http://www.biometricupdate.com/201212/aadhaar-gives-access-to-pre-paid-visa-accounts-in-india/
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It looks like PayPal verification and funding source may also become instant for every India if this prepaid Visa works ....or PayPal may even accept Aadhaar for verification ?

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Instant Visa PrePaid cards for Aadhaar card holders

rajanurs Well-Known Member

nihangshah Prominent Member

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Instant Visa PrePaid cards for Aadhaar card holders

rajanurs Well-Known Member

nihangshah Prominent Member

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