Aadhaar based e-KYC transactions jump 22% in November

Cumulatively, the total number of Aadhar e-KYC transactions stood at 1350.24 crore as of November 2022, as per the government release.

“Similarly, in November, 195.39 crore Aadhaar authentication transactions were carried out, over 11% more than in October. So far, cumulatively 8621.19 crore Aadhaar authentication transactions have been executed by the end of November 2022,” the government said in the release.

In October, 23.56 crore e-KYC transactions were executed using Aadhaar and the cumulative number of e-KYC transactions via Aadhaar went up to 1,321.49 crore by the end of October 2022, according to the Ministry of Electronics and IT data.

Meanwhile, Over 25 crore e-KYC transactions were carried out using Aadhaar in September, almost 7.7 per cent higher than the levels seen in August, according to an official release.

The e-KYC, which is used for various purposes such as verification of identification or for the Aadhar-enabled payment system, is executed only after the explicit consent of the cardholder.

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“More than 1100 government schemes, programs and in the country run by both centres and states have been notified to use Aadhaar. The digital ID is helping various ministries and departments in the centre and at states in improving efficiency, transparency and delivery of welfare services to the targeted beneficiaries,” the government said in its release.