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Tag: AEPS Service
AEPS service

From Kirana Store to Digital Banking Point: A Retailer’s Journey

A small retailer makes a significant contribution towards enabling simple and safe banking for his/her consumers by becoming an AEPS service provider. By becoming an AEPS service provider, retailers can initiate a money transfer business from their own shop, quickly enabling individuals in their area to send and receive money without going to a bank.… Continue reading From Kirana Store to Digital Banking Point: A Retailer’s Journey

AEPS Service

AEPS Service: The Backbone of Rural Banking in India

In recent years, banking has become much easier and more accessible, especially in rural areas. The main transformation happened when AEPS Service came, which stands for Aadhaar Enabled Payment System. Through this people in villages and small towns can access banking services without visiting bank branches. What is AEPS Service and How Does It Work?… Continue reading AEPS Service: The Backbone of Rural Banking in India