Jitendra Gupta, founder of Citrus Pay and MD, PayU India, an online payments service, tweeted that KUAs and sub-KUAs were not being allowed validations. Fintech businesses depending on Aadhaar were left scrambling. KUA stands for e-KYC user agencies - as opposed to AUAs which are authentication user agencies and they refer to the types of authentication access allowed by the UIDAI to Aadhaar data. https://twitter.com/guptajiten/status/981385433849450497?s=19 When MediaNama spoke with Mr. Gupta, he clarified that he had meant to say AUA. He told us that the authentications had been stopped since yesterday. The UIDAI confirmed it to him without providing an explanation. However, their AUA partner for authentications was informed that the service would remain suspended till the conclusion of the case in the Supreme Court. They work with Khosla labs through Signzy. (MediaNama: It is likely that he meant KUA, as mentioned in his original tweet - Signzy offers KYC services) This is causing disruption in the onboarding processes of various businesses and fintech services that relied on the Aadhaar to verify customers. This would mean that businesses depending on Aadhaar for authentication or e-KYC will see an increase in operational costs for an indefinite period. A look at the Aadhaar dashboard does validate his claim of unavailability - for both eKYC as well as authentications with the transaction graphs for both not showing any data for the last two days. In addition to this, the services seemed to be experiencing some unreliability in the past fortnight before they were stopped altogether yesterday. [caption…
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...