New KYC, monitoring and one-bank rule for operators to take effect from 1 January 2026 In a bid to bolster the security framework of Aadhaar Enabled Payment System (AePS) transactions and tackle the ...

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.

Almost all financial transactions have moved online in India, where UPI takes a major chunk of consumer transactions daily. To provide a more convenient and efficient platform, the government of India ...

The Reserve Bank of India (RBI) has implemented an additional compliance layer for Aadhaar-enabled Payment System (AePS) touchpoint operators to enhance transaction security and prevent misuse in ...

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, ...

While digital payment method UPI hit pre-Covid levels in May 2020, cash withdrawals through ATMs fell by 47% to 286 Mn in April 2020. However, cash withdrawals from Aadhaar-enabled payment systems ...

The partnership comes at a time when India’s BC sector is projected to cross Rs 14700 crore by FY25, growing at a robust 19 ...

In a landmark move that could redefine India's financial technology landscape, BankU India Limited has announced the launch ...

According to NPCI data, the total transaction value on UPI reached Rs 27.28 lakh crore in October, compared to Rs 24.90 lakh ...

Internet scams and fraud have posed a significant danger to everyone. In many examples reported, scammers posing as police officers may video call you to lure you into providing your own personal ...