ATMs have long revolutionized how we conduct banking transactions, providing convenience and secure access to financial services. Traditional ATMs, which are typically installed by banks, have been widely used for cash withdrawals, balance inquiries, and getting mini statements. However, these ATM Machines are very expensive and can’t be installed on every corner because of the… Continue reading How micro ATM is different from the traditional ATM installed by banks?
Author: Biznext team
How to earn more from your existing Kirana shop?
Kirana shops are often found at the heart of local communities; they have long been integral to India’s retail landscape. These small, neighborhood stores make their living by catering to customers’ daily needs by providing a wide range of essential commodities and household items. Kirana shop owners make a fixed amount of money every month… Continue reading How to earn more from your existing Kirana shop?
AEPS vs other payment methods: Which one is better?
The government of India has launched the Digital India initiative with the aim of promoting digital payments and achieving a cashless economy in the country, in order to reduce the reliance on cash transactions. The adoption of digital payments in India is gaining momentum, as evidenced by the increasing number of people using them for… Continue reading AEPS vs other payment methods: Which one is better?
The Future of AEPS in India’s digital economy
AEPS is an acronym for “Aadhaar Enabled Payment System,” which is a digital payment system that facilitates financial transactions through micro ATMs using an Aadhaar number and biometric authentication. The AEPS system is designed to promote financial inclusion and provide basic banking services to individuals who lack access to traditional banking facilities. By using the… Continue reading The Future of AEPS in India’s digital economy
Top mobile service providers to partner with as an online recharge distributor
The mobile recharge industry has flourished and gained significant momentum in recent years due to the growing number of mobile phone users. As a result, there has been a corresponding increase in the demand for becoming an online recharge distributor. These services provide customers with the convenience of recharging their mobile phones anytime and from… Continue reading Top mobile service providers to partner with as an online recharge distributor
The Role of Security in AEPS Transactions: Best Practices for Safe and Secure Transactions
Aadhar Enabled payment service The Aadhaar Enabled Payment System (AEPS) is a digital payment system by the NPCI that enables customers in India to make transactions using their Aadhaar number and biometric authentication. It is a part of the Digital India initiative and is designed to promote financial inclusion and cashless transactions in the country.… Continue reading The Role of Security in AEPS Transactions: Best Practices for Safe and Secure Transactions
Top Benefits of Using AEPS for Financial Transactions
AEPS (Aadhar Enabled payment system/Aadhar-based payment system) is a payment service that permits Indian bank users to use their aadhar card as their unique identity and access their bank account through it, to perform basic banking transactions like cash withdrawal, e-KYC, checking bank balance, mini statement, etc. Under the Aadhar based payment system, any person… Continue reading Top Benefits of Using AEPS for Financial Transactions
The Future of Mobile Recharge Businesses in The Digital Era
What is an online mobile recharge business? An online mobile recharge retailer business is a service that provides all in one mobile recharge app for retailers, enabling them to recharge their customer’s mobile phones quickly, and earn commission on each recharge. The online mobile recharge business has gained significant popularity in recent years, owing to… Continue reading The Future of Mobile Recharge Businesses in The Digital Era
AePS: Combining Technology With Last-Mile Connectivity
Overview : Are you tired of long queues and tedious paperwork when it comes to banking transactions? Well, get ready to bid adieu to those struggles because AePS is here! AePS (Aadhaar Enabled Payment Services) is a new age financial innovation extending banking To remotest corner with digital payments. Whether you’re in Urban or Rural… Continue reading AePS: Combining Technology With Last-Mile Connectivity
Micro ATM: How is Micro ATM Machine a Savior in Demonetization?
Soon after the news of demonetization came, all the banks in the entire nation were flooded with people to get their currencies changed or for withdrawing cash since they didn’t have other cash money. In these crunch times, the ATMs witnessed 2-3 hours of long queues, and in some unbanked areas, where there were no… Continue reading Micro ATM: How is Micro ATM Machine a Savior in Demonetization?