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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 ...

In a nation steadily embracing digital transformation, India’s approach to financial inclusion has witnessed remarkable evolution. One of the most powerful tools in this transition is the Aadhaar ...

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, ...

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.

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 ...