Saral Money, an initiative being leveraged by VISA on Aadhaar platform, will ease money transactions (CIOL)
RS Sharma UIDAI DG informed that 27 crore [270 million] individuals have been enrolled while 22 crore Aadhaar cards have been issued so far. Sharma said that they are currently enrolling 2 crore citizens on a monthly basis. ”The objective is to facilitate banking access to the common man. The Saral Money allows people to transact through handheld devices available at local neighborhood shops,” he said.
Kind of like a fingerprint Western Union. Much more at the link.