In April 2018, AEPS crossed 150 million transactions. A service initiated by the NPCI to boost financial inclusion in the country has become a national phenomenon. The objective is simple – enable every Aadhar-linked bank account with facilities for account holders at places where banks couldn’t reach.
This initiative has opened up new avenues for businesses to reach the unbanked by expanding their network with the help of managed technology. More on this later.. Let’s see how AEPS works?