In an effort to more quickly move towards digital cashless economy, the Indian government is calling on local smartphone vendors to develop sub-Rs 2,000 (US$29.36) smartphones with capabilities to “scan for Aadhaar-based financial transactions” and eventually perform digital payments, according to a report by BGR India. The government has singled out Indian smartphone vendors like Micromax, Lava, Intex and Karbonn to develop biometric smartphones that are more affordable for people living in rural and remote areas of the country. “The
↧