Aadhaar Authentication Surpasses 150 Billion Transactions, e-KYC Surges 40% | Financial system Information
New Delhi: In a big feat, the overall variety of Aadhaar authentication transactions have crossed the 150 billion (15,011.82 crore) mark, the federal government mentioned on Friday. Furthermore, the overall variety of eKYC transactions (37.3 crore) carried out throughout April is 39.7 per cent greater than the numbers throughout the identical interval final yr.
The cumulative variety of e-KYC transactions has crossed 2,393 crore as on April 30, mentioned the Ministry of Electronics and IT. This can be a milestone second within the journey of the Distinctive Identification Authority of India (UIDAI) and for the broader Aadhaar ecosystem, the ministry added.
Aadhaar-based authentication has been enjoying a stellar function in aiding ease of residing, efficient welfare supply, and voluntarily availing numerous providers supplied by service suppliers. In April alone, nearly 210 crore Aadhaar authentication transactions have been carried out, practically 8 per cent greater than the identical month in 2024, knowledgeable the ministry.
Aadhaar e-KYC service continues to play a key function in bettering buyer expertise and including ease of doing enterprise in sectors together with banking and non-banking monetary providers. The Synthetic Intelligence-Machine Studying-based Aadhaar face authentication options developed in-house by UIDAI have been witnessing constant traction.
In April, round 14 crore such transactions occurred, indicative of the adoption of this authentication modality and the way it’s benefiting Aadhaar quantity holders seamlessly. Greater than 100 entities, each within the authorities and personal sectors, are utilizing face authentication for the sleek supply of advantages and providers, mentioned the ministry.
In FY25, Aadhaar quantity holders carried out greater than 2,707 crore authentication transactions in 2024-25. Aadhaar has been an enabler of the digital financial system, and the growing adoption reveals its rising function throughout sectors, together with banking, finance, telecom, and for the sleek supply of advantages below numerous authorities schemes and providers.
On April 21, UIDAI obtained the distinguished Prime Minister’s Award for Excellence in Public Administration. This was offered below the Innovation class for UIDAI’s Face Authentication modality.
