On Sunday, the Unique Identification Authority of India (UIDAI) brought into being a Virtual Identification (VID) System that allows users to generate a 16-digit number that can be shared with telecommunication companies and service providers. Since the government made it mandatory to link a user’s Aadhar Card with his mobile number, bank account to move ahead with the facilities, many questioned that the move was an attack on the customer’s privacy.
Aadhaar Card number had become compulsory to complete electronic, Know Your Customer or KYC formalities. Even if a user needs to access Paytm, completing KYC has become the first step to any other action further.
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