The Aadhaar Card is an important document and an identity proof that is required to avail of various government subsidies. You need an Aadhaar Card for banking needs like applying for savings accounts, Credit cards, Personal loans, etc. Even to avail ...
Aadhaar is a 12-digit individual identification number which serves as proof of identity and proof of address for Indian residents. It is widely used an identification card and can also be used for financial transactions via Aadhaar Enabled Payment Systems also ...
In a statement to the press, Paytm Payments Bank said that it has started Aadhaar enabled payments system (AePS) on its network, attempting to take banking services even to consumers in remote areas. The payments bank said that it will open ...
With a view to promote digital transactions banks have asked the government to make small vendors eligible for QR-based Unified Payments Interface (UPI) transactions at no cost i.e. no MDR or merchant discount rate shall be payable by the merchant in ...
Off late the government has been promoting digital payments and in line with it the Union Cabinet has waived merchant discount rate or MDR for all debit card, UPI, AePS and BHIM transactions of upto Rs. 2000. Accordingly, from January 1 ...
Aadhaar Enabled Payment System (AEPS) was launched to empower a bank customer to use Aadhaar as his/her identity to access their Aadhaar enabled bank account. Using AEPS the bank account holder can perform basic banking transactions like cash deposit, cash withdrawal, ...
Aadhaar Enabled Payment System is a way to get money from the bank account without your signature or debit cards. Through the Aadhaar Enabled Payment System, customers don't even need to visit a bank branch for getting money. Aadhaar Enabled Payment ...