Big Tech proposes power-rate terms in Ohio data-center fightThe companies had been fighting a proposal brought by utility AEP Ohio in May that would require data centers and cryptocurrency miners to ...
Aadhaar ATM: In need of urgent cash but don’t have time to visit the bank? Here is how to get cash from homeThe IPPB (India Post Payments Bank) Online Aadhaar ATM (AePS) service allows you to access cash from the comfort of your home if you need i...
Aadhaar frauds: RBI ready with masterplan to curb Aadhaar-enabled payment system (AePS) scamsAePS has emerged as one of the most popular payment systems, especially in rural areas in the last few years. At present, 35 commercial ban...
RBI to further strengthen security features of AePS to curb fraudsThe Reserve Bank of India announces plans to bolster security measures for the Aadhaar-enabled payment system (AePS) to combat fraud risks....
NPCI stepping in to stop AePS frauds, suggests ways to banksThe retail payment body which runs AePS wants banks to explicitly seek customer consent regarding this service at the time of account openi...
This new Aadhaar-related banking fraud is on the rise; why you need to lock your Aadhaar biometrics nowAccording to the forum, banks are directly responsible for this fiasco, which has led to thousands of innocent depositors lose their hard e...
AePS users in a fix as banks set up guardrails to reduce fraudLast-mile consumers who use AePS to withdraw DBT funds are finding their transactions failing over the last few months, as banks introduce ...
India Post Payments Bank revises service charges for these Aadhaar Enabled Payment System transactionsThe service charges for the Aadhaar Enabled Payment System have been changed by India Post Payments Bank (IPPB). The increased AePS Issuer ...
India Post Payments Bank introduces issuer charges for Aadhaar Enabled Payments” India Post Payments Bank AePS charges The first three AEPS transactions, such as AEPS cash withdrawal, AEPS cash deposit, and AEPS mini s...
NPCI unveils norms for banks to compensate AePS fraud victimsDuring the course of the Covid-19 pandemic, several cases of fraud were reported in Jharkhand and Tamil Nadu in the direct benefit transfer...
Aadhaar-enabled transactions cross 200-million milestone on NPCI platform during JulyA total of 6.65 crore Indian citizens availed banking services through AePS platform in July, NPCI said.
Aadhaar Pay regains tempo, usage hits 200 millionThe Nandan Nilekani committee said despite the growth of financial inclusion over the years, banks have not expanded their systems, causing...
UIDAI tells banks to continue Aadhaar-enabled paymentsBased on legal advice, UIDAI has asked banks to continue with AEPS facility as this mode of withdrawal is part of the DBT scheme where use ...
Aadhaar-linked payments double to 13.7 m in MarchAEPS transactions done through a biometric enabled point of sales (PoS) terminal could be for cash withdrawal or for direct merchant paymen...
Aadhaar-based ID cards for airport employees from January 1"From January 1, all AEPs will be made using the Aadhaar number of the individual working or employed at the airport. A committee constitut...
Civil Aviation Ministry extends validity of regular AEPs till March 2017As part of the regulations, airline and airport executives, and others working there have to get their AEPs renewed annually.
- All you need to know about Adhaar-enabled payment systems
The Adhaar-enabled payment systems (AEPS) developed by NPCL is a bank-led model that facilitates financial inclusion by allowing transactio...