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 ...

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 ...

The Unique Identification Authority of India (UIDAI) has advocated for the use of the Aadhaar biometric database for face authentication to process high-value financial transactions, according to a ...

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 ...

DUBLIN--(BUSINESS WIRE)--The "India Payment Services Market Research Forecast to 2023 - By Online Payments, M-PoS, IMPS, AePS, USSD-BHIM Transactions, UPI, M-Wallet, PoS Terminal, Payment Gateways, ...

New Delhi: Digital transactions contributed 99.8 per cent of India's retail payments in the first quarter of the current financial year (Q1FY26), with paper-based instruments (cheques) nearly obsolete ...