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 ...

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 ...

Anand Kumar Bajaj is founder, MD & CEO, PayNearby. The last two years of the pandemic have seen a seismic shift in the world of digital banking as they went from merely an option to becoming an ...

UPI has catapulted India into the forefront on the global digital payments landscape. Working hand in hand, the AePS payments system is making life easy for rural folks, notes Tamal Bandyopadhyay.

While the Aadhaar Enabled Payment System (AePS) has emerged as the foundational technology enabling cash-in cash-out (CICO) across the country, efforts by bad actors to defraud banking customers ...

The National Payments Corporation of India (NPCI) has swung into action to prevent scammers from misusing customers’ credentials to empty their bank accounts. It has asked acquirer banks’ to allow ...

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 ...

Aadhaar Enabled Payment System (AePS), developed by the National Payment Corporation of India (NPCI) to facilitate financial transactions through the Aadhaar number. Individuals having an Aadhaar ...

AePS has proved to be a blessing, especially in the rural reaches, where it is easier to access a post office instead of a banking establishment. In a bid to promote digital transactions, the Delhi ...