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Know exactly what AEPS is and its particular uses.

Aeps is a particular system which is developed by the National Payments Company of India which enables people to actually carry out the financial transactions mostly on a Micro-ATM by supplying only their particular Aadhaar number and checking it with the aid of their fingerprint/iris scan. People may...
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What do you mean by AEPS? How does it work?

In order to facilitate further financial inclusion with either the Aadhaar card, Aadhaar Enabled Bank Account holders from deprived parts of the business have been given access to the banking system. The UIDAI that further serves as a central authority towards Aadhaar however has joined forces with RBI...
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What are the basic uses and benefits of using AEPS?

AEPS is a protected payment system offered by the NPCI that enables Aadhaar-linked personal bank account holders for making use of basic banking services like balance inquiry and cash withdrawal. Customers just simply need to say their particular 12-digit unique Aadhaar number and perhaps Aadhaar bank name. The approval of fingerprints is made using a...
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What are some benefits of using AEPS?

The government aims to use the Aadhaar database for shaping the digital future and use it for additional payments, and the verification of transactions is therefore the secret to its success. Although the Centralized Payments Interface and perhaps BHIM are indeed processes now for peer-to-peer transfers by using the smart phones,...
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What do you mean by AEPS? What are it several benefits?

What actually is the Aadhaar enabled Payment System?   Aadhaar enabled Payment System which is also known as AEPS is a type of payment service that empowers a bank client to use Aadhaar as even his/her identification to fully access their personal bank account which is Aadhaar enabled and conduct simple banking transactions such as with balance enquiry, depositing...
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