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 ...

India Post Payments Bank's Online Aadhaar ATM (AePS) service simplifies cash transactions at home using biometrics. Business Correspondents aid in accessing linked bank accounts. NPCI sets transaction ...

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 ...

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 ...

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 ...

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 ...

India Post Payments Bank (IPPB) has introduced Aadhaar Enabled Payment System service charges (AePS). AePS Issuer transaction charges will be in effect from June 15, 2022. According to RBI “AePS is a ...

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 ...

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 ...