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AEPS Cash Withdrawal – Things to Keep in Mind

Aadhaar cardholders can make banking transactions via the AePS, or Aadhaar-enabled payment system. It is a project that empowers all strata of society by allowing people to undertake banking transactions using an Aadhaar card. The owner of an Aadhaar card needs present biometric data at PoS or micro-ATMs in order to complete the transaction. The …

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aeps

AEPS – A New Way to Start Financial Transactions through Aadhaar Number Verification

The foremost barrier to India’s growth was the need for banking and financial services to reach the rural. As a result, it could not deposit a sizable quantity of money into the banking system. The Reserve Bank of India authorized NPCI to create a system that can provide financial services in those parts of India …

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