Aadhaar Enabled Payment System (AePS) Explained: What It Is, How It Works, Features and More

National Payments Corporation of India (NPCI) introduced the Aadhaar Enabled Payment System (AePS) in 2016 as a new method for direct benefit transfers from the government to the citizens, plugging leakages in the system. AePS, a “bank-led model”, is claimed to bring people living in underserved parts of the country into the fold of the formal banking system. Using AePS, you can check your account balance using AePS by either visiting a micro ATM or a local agent outlet, withdraw cash, deposit money, transfer money from one AEBA to another, and get a copy of your mini account statement.

from Gadgets 360 https://ift.tt/lwyKBEZ

Comments

Post a Comment

Popular posts from this blog

Google Pixel 9a to Be Available at the Same Price Point as Its Predecessor: Report

Google's Pixel 9a is anticipated to hit stores next month. While  Google is yet to announce a launch date for the new Pixel A series phone, several leaks have surfaced recently and showcased the hardware, design and US pricing of the Pixel 8a  successor. A new leak now suggests that the Pixel 9a will be available at similar pricing as its predecessor. The upcoming Pixel phone is expected to feature a Tensor G4 processor and a 48-megapixel dual rear camera unit. It could be launched in 128GB and 256GB storage options. Google Pixel 9a Price Details Leaked As per a report by Android Headlines, the Pixel 9a will cost GBP 499 (roughly Rs. 55,000) in the UK and $499 (roughly Rs. 43,000) in the US for the 128GB storage variant. The 256GB storage model will be reportedly priced at $599 (roughly Rs. 52,000). This corroborates previous price leaks. The Pixel 8a was also priced the same in the US. In countries like Belgium, France, Germany, Italy and Spain the Pixel 9a will co...
Read more

Realme 14 Pro Series Global Launch Confirmed at MWC Barcelona; ‘Ultra’ Model Reportedly Teased

Image
Realme 14 Pro series debuted in India last month and its global launch has now been confirmed. The company has announced that its lineup, comprising the Realme 14 Pro and 14 Pro+, will be launched at the Mobile World Congress ( MWC ) Barcelona. The event takes place between March 3-6 in the aforementioned nation. This also confirms the company's participation at one of the world's biggest technology showcases of the year. Realme has also reportedly teased an Ultra variant that could join the lineup as a new offering. Realme 14 Pro Series Global Launch Confirmed In a post on X (formerly Twitter), Realme shared a short video clip which confirms that it will launch a smartphone with a “DSLR-level” smartphone camera at MWC Barcelona. While it did not officially reveal its name, it is widely believed to be the Realme 14 Pro series based on its appearance. Both models, the Realme 14 Pro and Realme 14 Pro+ , are expected to have similar features and specifications as their Indian...
Read more