Aadhaar Virtual ID is now operational, says UIDAI

The Virtual ID is a 16-digit random number mapped with an Aadhaar number, which can be generated, replaced, or revoked by the Aadhaar number holder. 19659002] New Delhi: The issuing authority of Aadhaar (UIDAI) said Saturday that its virtual identification system is now operational as most financial institutions have migrated to the new system. The virtual identification number is a random number of 16 digits mapped with an Aadhaar number, which can only be generated, replaced or revoked by the holder of the Aadhaar number. This issue is part of the UIDAI initiative to put in place a multi-level security to enhance the confidentiality of the Aadhaar holders.

Banks had time to migrate until August 31st. system that supports a "It has been observed that a number of AUA have already migrated to the production environment using API 2.5 for the implementation of the." Virtual ID and most of the remaining AAUs have tested the virtual ID and the UID token in pre-2.5 Production Environment API. "We are asking these agencies to migrate to the production environment on the agreed date, "said UIDAI CEO, Ajay Bhushan Pandey, in a statement.All agencies were asked to make the necessary changes to the use of the virtual identity card , the UID token and the limited KYC and to make it operational on June 1, which was postponed from one month to July 1.

UIDAI introduced two categories User Agency (AAU) – an entity providing services activated by Aadhaar, the local AAU, which is the KYC limited category and the A UA global, will have access to the e-KYC using the Aadhaar number. An AAU may be a government, public or private registered body in India that uses Aadhaar authentication services provided by UIDAI.

All banks, commercial banks, payment banks, regional banks, rural banks, cooperative banks, small finance banks, life insurance companies and the National Payments Corporation of India (NPCI) were ranked as global ASAs. Prepaid payment instruments (PPIs), non-bank financial corporations (NBFCs), telecom operators and non-life insurance companies are among the local AAUs.

According to UIDAI, telecommunications carriers and AAUs systems upgraded beyond June 30 will be charged ₹ 0.20 for each transaction made. However, if these AAUs are able to complete the migration to the new system by July 31st, the "authentication transaction fees imposed for the above-mentioned period from July 1 to July 31, 2018 will be canceled", she added.

their failure, UIDAI will be free to take action under the Aadhaar Law, 2016, including the imposition of financial disincentives and the license key to dismissal, the statement added.

UIDAI also stated that it is in the process of revising the clbadification of global and local UAAs based on the badessment of the security and risks of the AAU authentication process. Pending this review, AAUs that were not previously clbadified are now tentatively clbadified.

Thursday, Mint reported that mobile wallet companies, clbadified as local AUA, will seek access to the Aadhaar database for the client. authentication to comply with the strict customer verification rules established by the Reserve Bank of India (RBI).