A total of 6.65 crore Indian citizens have availed the banking services through AePS platform in July, NPCI said. AadhaaR-enabled payment system (AePS) transactions crossed the 200-million mark in ...

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 ...

Cash withdrawal from bank accounts is an essential financial service in a crisis. Withdrawals are a lifeline for migrants, daily wagers and other informal sector workers suffering severe setbacks to ...

The National Payments Corporation of India (NPCI) on Monday said transactions through the Aadhaar-enabled payment system (AePS) have crossed 200 million in July. AePS, the statement said, is a ...

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.

Policy research institution Dvara Research has said that requiring AePS touchpoint operators to be associated with only one acquiring bank would “cause inconvenience to both the customer and the AePS ...

Kolkata-based public sector lender United Bank of India (UBI) has stopped Aadhaar-enabled payment system (AePS) transaction for its users on devices installed by private banks such as IDFC Bank, ...

In a notification, Praveena Rai, COO, NPCI said, "AePS crossing 200 million transactions mark is a significant achievement for NPCI, benefiting Financial Inclusion in India. AePS is delivering the 4As ...