Aadhaar-enabled Payment System (AEPS) has revolutionised the financial landscape in rural India, acting as a transformative tool that bridges the gap between traditional banking services and the ...

AEPS enables you to transfer funds with just the name of the bank, Aadhaar number, and fingerprint. There's no need for one-time passwords or even the hassle of remembering specific bank account ...

To promote seamless banking transactions and financial inclusion in semi-urban and rural areas, the Centre will likely unveil measures for the implementation of Aadhaar Enabled Payment System (AePS) ...

Anand Kumar Bajaj is founder, MD & CEO, PayNearby. The last two years of the pandemic have seen a seismic shift in the world of digital banking as they went from merely an option to becoming an ...

The Government of India estimates that there are now over 30 crore accounts opened under the Pradhan Mantri Jan Dhan Yojana, of which more than 18 crores are in rural and semi urban bank branches. By ...

Spice Money focuses on expanding financial access In rural India through its Adhikari network, digital solutions, and targeted initiatives in credit and insurance "The vision at Spice Money is clear: ...

Since the first Aadhaar number was issued in September 2010, more than 1.33 billion Aadhaar cards have been generated till June 2022. Photograph: Uttam Ghosh/Rediff.com With the Aadhaar enrolment of ...

Sanjeev Kumar, Co-founder & CEO, Spice Money. As India completes 75 years of independence, it is already looking at attaining financial freedom by bringing banking services to the doorstep of its ...

NEW DELHI: More than 70 per cent of rural citizens have adopted e-wallets followed by Unified Payment Interface (UPI) payment option, the Electronics and IT Ministry said today. "An overview of the ...