Over the past few months the banking sector has witnessed several innovations and interesting developments. The fallout of demonetisation has been the plethora of apps and new digital offerings that have come into play. Almost every bank has a mobile app or digital wallet today, which promises to help them move to a cashless system. There are initiatives to interlink bank transfers and more. The latest entrant is Aadhaar Pay app. This Android-based Smartphone app has been jointly developed by Unique Identification Authority of India (UIDAI), National Payments Corporation of India (NPCI) and IDFC Bank.