Category: AEPS

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?

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?

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

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

AEPS (Aadhar-enabled payment system) is an NPCI-authorized cash withdrawal system. This system is developed to bring banking facilities in the unbanked parts of the country and to smoothen the process of financial transactions. After the dreadful corona time, awareness and acceptance of digital transactions has increased. AEPS cash withdrawal services have become a medium to… Continue reading Must Follow Guidelines for AEPS Portal Agent Registration

What is AEPS? AEPS (Aadhar-enabled payment system) is an NPCI-initiated payment mechanism that allows an Aadhar card holder to make banking transactions like cash withdrawals, balance inquiries, check mini statements, and much more through their unique Aadhar-linked bank account. Why was AEPS service started? The main purpose of starting AEPS service in India is to… Continue reading Top 10 AEPS Service Provider Company List in India 2023

January 15, 2023. The Digital Remittance – Money Transfer industry is a boon to India, a country with a lot of migration of workers from villages to cities. Online money transfer companies charge a minimum processing fee and help its users transfer money from one part of the country to another without visiting any bank… Continue reading Money Transfer Platforms Market Trends, Insights by 2023

A wave of digitization is sweeping over India, with unprecedented growth in payments through QR code and UPI. The data suggests a massive shift towards digital banking. Consumers now look for convenience when making payments. A swipe of the card done through an mPOS device at the cash counter of any purchase is old news.… Continue reading A Technology Game Changer – Now Transact and Withdraw Money Through the Same Device!

Digital payments, also known as electronic payments, is a technology on the rise. It is used for transferring an amount from one account to another account using a digital device like a POS machine, QR code, phone, etc. This technology has started to bloom with the rising need for digitization and a cashless economy system.… Continue reading Benefits of Digital Bill Payments and Online Recharge

With the rise of digitalization and a cashless economic system, our country has started to witness increased demand for banking facilities. Here is where the role of Fintech companies has started to emerge. India is a land of rural, scattered, and full of untapped markets which are yet to be equipped with proper banking infrastructures… Continue reading Top Trends in Payments Transforming FinTech Industry & The Rise Of FinTech In Banking