
According to data issued by the Ministry of Electronics and IT on Tuesday, the number of e-KYC transactions carried out using Aadhaar increased to 25.25 crore in September, representing a jump of 7.7% compared to August.
By the end of September, according to government data, there had been a total of 1297.93 crore e-KYC transactions made through Aadhaar.
These electronic KYC transactions do away with the need for paper documents and in-person KYC verification and are only carried out with the explicit approval of Aadhaar holders.
Aadhaar was used for 175.41 crore authenticating transactions in September.
Following demographic and OTP authentications, the majority of these monthly transactions used fingerprint biometric verification.