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    Question

    Whom has Razorpay partnered with to process payments for

    online Aadhaar services?
    A Reserve Bank of India Correct Answer Incorrect Answer
    B Unique Identification Authority of India Correct Answer Incorrect Answer
    C National Payments Corporation of India Correct Answer Incorrect Answer
    D State Bank of India Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

       Razorpay has entered into a partnership with UIDAI (Unique Identification Authority of India) to process payments for online Aadhaar services. The UIDAI allows Aadhaar holders to update their Aadhaar data — like names, and addresses — online and charges a fee of Rs.50 for these services. It is these transactions that Razorpay will support with its payment gateway.   It is estimated that Razorpay will eventually support over 70% of the total daily transactions on the UIDAI portal.

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