The government and the National Payments Corporation of India (NPCI) are continuously introducing new features to promote ...
Through the AePS, citizens can avail of services like cash deposit, cash withdrawal and fund transfer through a business correspondent or bank agent (IE) The Aadhar-enabled payment system (AePS) is ...
Almost all financial transactions have moved online in India, where UPI takes a major chunk of consumer transactions daily. To provide a more convenient and efficient platform, the government of India ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Aadhaar enabled payment system or the ...
The Reserve Bank of India released new draft directions on due diligence of Aadhaar Enabled Payment System (AePS) Touchpoint Operators to “streamline the process of onboarding customers”. The new ...
The Ministry of Home Affairs (MHA) has informed the parliamentary standing committee on communications and information technology that the use of “dummy fingers or rubber fingers” to fraudulently ...
Aadhaar-enabled Payment System (AEPS) has revolutionised the financial landscape in rural India, acting as a transformative tool that bridges the gap between traditional banking services and the ...