Aratek enables authorities to conduct fast and easy Aadhaar verification in India.
To effectively manage a country that has more than 1.3 billion people, many of whom are illiterate and with limited access to resources, the government of India has introduced Aahdaar, the national ID system on which a number of services are anchored. Presently, Aahdaar is most commonly used in time and attendance and subsidy distribution.
All government employees as well as students in state schools are required to use their Aahdaar for time and attendance (T&A). Government subsidy for the poor such as PDS (food security), Ujwala (natural gas), manrega (rural employment), fertilizer, and many others also rely on Aahdaar for efficient administration.
Aahdaar makes possible for the government to transfer money to intended recipients quickly, even those in rural villages. Roughly 70% of Indians live in remote areas and are dependent on cash subsidy, making authentication a top concern to ensure that the money goes to the right person.
Aadhaar Enabled Payment System(AePS) is a cashless payment system that allows Indian citizens to carry out financial transactions on a Micro-ATM by simply presenting their Aadhaar number and biometric information. Developed by the National Payments Corporation of India (NPCI) and implemented with numerous partner banks, the AePS seeks to revolutionize cashless payment by making disclosure of bank details unnecessary, resulting in faster and more secure transactions. It is linked to a centralized server which makes it possible for anyone to send and receive money via their accounts to and from any other account in the system regardless of the partner bank being used.