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, ...

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 ...

Aadhaar-enabled payment system (AePS) doubled to 11.3 Mn during the lockdown even as digital payments dropped significantly. The spike in AePS payment is mainly due to the government using AePS to ...

With an endeavour to drive financial inclusion deeper into the country, RapiPay Fintech Private Limited recently launched a nationwide offer that gives the highest ever commission on AePS services for ...

Indian Residents’ use of Aadhaar is continuing to advance across the nation. Aadhaar was used to complete 28.75 crore eKYC transactions in November alone, a 22% increase from the prior month. By the ...

India Government, in a bid to boost digital payments, has launched two incentive schemes for both consumers and merchants. Lucky Grahak Yojana will reward consumers through a daily as well as a weekly ...