Aadhaar-based Face Authentication Transactions Cross 10.6 Mn In May

Aadhaar-based face authentication transactions in May touched an all-time high of 10.6 million, since its launch in October 2021, said the Ministry of Electronics and IT in a press statement.

The ministry stated that this is the second consecutive month to register more than 10 million face authentication transactions. 

"The number of face authentication transactions is on an upward trajectory and the monthly numbers clocked in May is an increase of 38 per cent, compared with such transactions reported in January 2023, indicative of its growing usage," it said.

The May month also saw the Unique Identification Authority of India (UIDAI) executing 14.86 million Aadhaar updates following requests from residents.

Talking about the Aadhaar e-KYC service, the ministry added that more than 254 million e-KYC transactions were carried out in May alone.

By the end of May 2023, the cumulative number of Aadhaar e-KYC transactions has gone past 15.2 billion. 

The statement added, "Continued adoption of e-KYC is significantly reducing customer acquisition cost of entities like financial institutions and telecom service providers among others."