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 ...

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 ...

New KYC, monitoring and one-bank rule for operators to take effect from 1 January 2026 In a bid to bolster the security framework of Aadhaar Enabled Payment System (AePS) transactions and tackle the ...

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.

Mumbai: With a rising number of frauds taking place through Aadhaar-enabled payment system (AePS) due to identity theft or compromise of customer credentials, the Reserve Bank of India (RBI) on ...

The Reserve Bank of India (RBI) on Wednesday came out with draft rules on the due diligence to be carried out for Aadhaar-enabled Payment System (AePS) touchpoint operators by lenders, in order to ...

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, ...

The Reserve Bank of India (RBI) on Friday issued guidelines to streamline the onboarding process for Aadhar Enabled Payment Systems (AePS) touchpoint operators and strengthen the fraud risk management ...

The Reserve Bank of India on July 31 issued draft guidelines for Aadhaar Enabled Payment System (AePS) touchpoint operators to streamline the onboarding process and robustness of the system, the ...

While digital payment method UPI hit pre-Covid levels in May 2020, cash withdrawals through ATMs fell by 47% to 286 Mn in April 2020. However, cash withdrawals from Aadhaar-enabled payment systems ...