The Aadhaar Enabled Payment System (AePS) service charges have been revised by India Post Payments Bank (IPPB). Effective on December 1, 2022, the updated AePS Issuer transaction costs will be in ...

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 ...

The Reserve Bank of India (RBI) on Thursday proposed to enhance the security of Aadhar-enabled payment system (AePS) transactions. The central bank said it will streamline the process for onboarding ...

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 ...

Aadhaar ATM cash withdrawal: If you need urgent cash but are too busy to visit a bank or post office ATM, you can avail the Aadhaar ATM (AePS) service facility by India Post Payments Bank (IPPB) to ...

This has made banking more accessible to millions of Indian citizens across the country. However, despite its widespread the system faced numerous challenges such as inadequate infrastructure and ...

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 ...

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 ...

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 ...