A new and alarming cyber fraud is emerging in India, where victims are losing money from their bank accounts without sharing any OTP or card details. Authorities, including the Indian Cyber Crime ...

Aadhaar-enabled Payment System (AEPS) has revolutionised the financial landscape in rural India, acting as a transformative tool that bridges the gap between traditional banking services and the ...

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 ...

The Reserve Bank of India (RBI) has finalised the due diligence guidelines for banks which acquire Aadhaar Enabled Payment System (AePS) Touchpoint Operators. The central bank’s notification issued on ...

https://www.thehindubusinessline.com/money-and-banking/do-not-reduce-aeps-interchange-fees-private-lenders-urge-npci/article25171443.ece Copy Four private banks ...

India Post Payments Bank (IPPB) on Monday said that it has rolled out Aadhaar enabled payment system (AePS) services. With this, IPPB has now become the single largest platform in the country for ...

With this, Airtel Payments Bank is amongst the first four banks to offer face authentication for AePS in the country, the telco added. The roll out is being deployed in phases, starting with the first ...

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 ...