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 …
AEPS Cash Withdrawal – Things to Keep in Mind Read More »
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All You Need to Know about AEPS AEPS (Aadhar Enabled Payment System) is a new payment system, initialised by the Reserve Bank of India to build a cashless India. The main purpose of introducing AEPS in India is to provide easy and fast banking especially in rural areas, where banks and ATM are not easily …
Five AEPS Features that Make Ezulix Stand in Crowd Read More »
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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 …
AEPS – A New Way to Start Financial Transactions through Aadhaar Number Verification Read More »
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