Aadhaar Enabled Payment System (AEPS) is a bank-led model that allows online financial inclusion transactions at Micro-ATM through the business correspondent of any bank using the Aadhaar authentication. In simple language, anyone can do transactions (Taking money from a Bank Account) at ATM-like financial institutions by verifying an Aadhaar card. Usually, micro-ATM financial institutions use […]
Tag: #Aadhaarenabledpaymentsystem
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