Aadhaar-enabled Payment System: How to avail banking services on NPCI platforms; all you need to know
Aadhaar-enabled Payment System (AePS) has crossed the milestone of over 200 million transactions during July this year
The umbrella body for digital transactions, NPCI, on Monday said that Aadhaar enabled Payment System (AePS) crossed the milestone of over 200 million transactions during July this year
The merchant discount rate (MDR) will be borne by the government for two years with effect from 1 January 2018 by reimbursing the same to the banks.
Prime Minister Narendra Modi had a busy day with a number of major announcements in Nagpur, on the occasion of Ambedkar Jayanti.
The I-T department has developed a mobile app for paying taxes and tracking refunds and is considering issuing PANs on real time basis using Aadhaar biometric.
Aadhaar Enabled Payment System (AEPS) based financial transactions have seen around 2.65mn transactions in January 2017.
The Unique Identification Authority of India (UIDAI) started off with Aadhaar enrollments back in 2010. It has been close to seven years since, and the 12-digit Aadhaar number is much more than just an identity number now, with over 1.1 bn Indians already enrolled on the Aadhaar platform.
The national financial service UPI enables bank account holders to send and receive money from their respective smartphones without the need to enter bank account information or net banking details.