AEPS Archive

APBS & AEPS (Aadhaar Payment Bridge System & Aadhaar Enabled Payment System)

APBS, AEPS, Aadhaar Payment Bridge System, Aadhaar Enabled Payment System, NPCI, payment system, digital channel, Aadhaar number, UIDAI, payment services, NACH, financial inclusion, micro ATM, business correspondent,
Aadhaar Payment Bridge System (APBS) and Aadhaar Enabled Payment System (AEPS), leverage the power of the unique Aadhaar number issued by UIDAI (Unique Identification Authority of India). AEPS and ABPS were introduced by NPCI for payment services.
29 Apr 20 Author CategoryBanking Awareness, Digital Banking Products, Everything About No Comment Read More

Indian Payment Systems – An overview

Indian payment systems, digital channels, RuPay,RuPay Secure, Card systems, Immediate Payment System, IMPS, Unified Payment Interface, UPI, National Automated Clearing House, NACH, Aadhaar Enabled Payment System, AEPS, Cheque Truncation System, CTS, National Financial Switch, NFS, RTGS, NEFT, Bharat Bill Payment System, BBPS
Indian payment systems and settlements have traditionally been revolving around physical cash. Subsequent to nationalisation of banks, paper based instruments like cheque, draft and other negotiable instruments started receiving acceptance among public. There has been a rapid
27 Apr 20 Author CategoryDigital Banking Products, Quick Reference No Comment Read More

National Payments Corporation of India (NPCI)

NPCI, National Payments Corporation of India, Lucky Grahak Yojana, Digi Dhan Vyapar Yojana, Digital India, digital payments, cashless, less cash, economy, India, system, UPI, IMPS, USSD, *99#, BBPS, AEPS, ATM net work, Rupay, disruptive innovation
National Payments Corporation of India (NPCI) is an organisation promoted by ten banks with the objective of stimulating and integrating digital payment system in India.  The Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) extend
1 Jan 17 Author CategoryDigital Banking Awareness, Regulators & Institutions No Comment Read More

Lucky Grahak Yojana: Reward Scheme For Promotion of Digital Payments

Lucky Grahak Yojana, Digi Dhan Vyapar Yojana, Digital Payments, Promotion, consumer, bank customer , digital, mode, method, lucky draw, cash prize, digital payment, prize structure, NPCI, UPI,USSD, AEPS, prize winners, prize status, check, winner
Lucky Grahak Yojana ( for consumers) and Digi Dhan Vyapar Yojana (for merchants) are two schemes announced by Government of India. The objective of the schemes is encouraging people to migrate to cashless digital payment mode. Government
17 Dec 16 Author CategorySchemes No Comment Read More

Digi Dhan Vyapar Yojana: Promote Digital Payments, Get Rewarded

Digi Dhan Vyapar Yojana, , Lucky Grahak Yojana, Digital Payments, Promotion, consumer, bank customer , digital, mode, method, lucky draw, cash prize, digital payment, prize structure, NPCI, UPI,USSD, AEPS, prize winners, prize status, check, winner
Digi Dhan Vyapar Yojana (for merchants)  and Lucky Grahak Yojana ( for consumers) are two schemes announced by Government of India. The objective of the schemeis encouraging people to migrate to cashless digital payment mode.  Digi Dhan
17 Dec 16 Author CategorySchemes No Comment Read More