The most common misconception surrounding the security and privacy of financial transaction data was addressed in a tweet by the Unique Identification Authority of India, which is accountable for issuing Aadhaar cards.
One of the most often asked issues is if UIDAI obtains your financial information when you link your bank account, shares, or smartphone with your Aadhaar card. As part of its #AadhaarMythBusters campaign, UIDAI has attempted to refute myths around data security and privacy.
UIDAI tweeted that it only uses your Aadhaar to verify your identity and does not save any information about your financial transactions.
One of the most important documents, the Aadhaar card has several useful applications. Your 12-digit unique identification number from the Unique Identification Authority of India (UIDAI) has now replaced other essential identification documents because it comprises both your demographic and biometric data.
#AzadiKaAmritMahotsav #AadhaarMythBusters #AadhaarFacts
— Aadhaar (@UIDAI) September 16, 2022
UIDAI only authenticates / verifies your identity through your Aadhaar and does not keep information related to any financial transactions.
AADHAAR - A SYMBOL OF TRUST. pic.twitter.com/r8Xn0V7a8h
This portal was recently created by UIDAI, ISRO, and the Ministry of Electronics and Information Technology. Using it, you may quickly learn more about the local Aadhaar center. You can accomplish this without physically looking for nearby Aadhaar centers by doing it from the comfort of your own home.