Aadhaar Enabled Payment System (AEPS)

AEPS allows online financial transaction using the Aadhaar authentication. At present, for Aadhaar enabled basic types of banking transactions are available i.e. balance enquiry, cash withdrawal, cash deposit and Aadhaar to Aadhaar funds transfer. The AEPS is one of the several Aadhar based payment platform developed by NPCI.

November 3, 2017
LMS © IndianEconomy.net. All rights reserved.