Banking access has expanded rapidly in India, but not everyone relies on debit cards or smartphones for everyday transactions.

As part of the move, banks are mandated to carry out due diligence on all Aadhaar-enabled Payment System (AePS) touchpoint operators that are being onboarded by them This due diligence is as per the ...

With this, the PoS will be able to determine whether the fingerprint being used belongs to a person who’s alive or not The government has around 5 Mn AEPS PoS machines across the country, of which 3.5 ...