MargPay allows MFSL Agents to collect Aadhaar based EMI Collections/ Repayments.
MargPay allows an Agent to accept payment from their customers using Aadhaar Pay and UPI. Customer needs to have Aadhaar linked bank account to make a payment. A customer can pay using the fingerprint authentication.
A customer makes payment to a merchant using Fingpay Aadhaar pay by providing following information:
1. Customer Mobile Number (Mobile number that is not shared with aadhaar will also work)
2. Aadhaar number
3. Customer's Bank Name
4. Fingerprint or IRIS impression