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AEPS (Aadhaar Enabled Payment System) How to transfer money using Aadhar Number

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AEPS AEPS (Aadhar enabled payment system) is a new payment service offered by the National payments corporation of India to banks, financial institutions using Aadhar and online UIDAI (unique identification authority of India) authentication through their respective business correspondent service centres. AEPS is a bank led model which allows online interoperable financial transaction at POS (point of sale/micro ATM) through the business correspondent(BC)/bank Mitra of any bank using the Aadhar authentication. BACKGROUND In order to further speed track financial inclusion in the country, two working groups were constituted by RBI on Micro ATM standards and central infrastructure and connectivity for Aadhar based financial inclusion transactions with members representing RBI, UIDAI, NPCI, institute for development and research in banking technology and some special invitees representing banks and research institution...
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What is bbps ( bharat billpay)

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B BBPS ( Bharat Bill Payment System ) is an integrated online platform which is being developed by the National Payments Corporation of India    for all kinds of bill payments. No more queues or hassles of managing every bills separately. This bill payment system is the first of it’s kind to change the way bills are paid. Through BBPS we can pay bills from anywhere, anytime across the country   with great convenience and secure payments. It eases the payment of bills and improves the security and speed of bill pay and provides instant confirmation of payments. This service is available in multiple payment mode, online and through a network of agents. Facilities available in BBPS: v Pay bill v Search transaction and view status v Access to customer service to raise any issue    Upcoming features: v School/university fees v Municipality taxes v Mutual fund v Insurance premiums The aim of BBPS is to transform the soc...
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why online recharge is popular now a days...

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Trends Are Rapidly Changing "offline to online" In today’s time the majority of people are making use of some online recharge services to recharge their mobile from anywhere, anytime from the comfort of their home or office. online recharge options are growing day to day because they are safe, easy and fast. you don`t have to rush to your nearest mobile shop to recharge your mobile in an emergency.   Thepaymart infotech solution is one of such platform. It provides the facility of swift mobile recharge of any service provider in India such as BSNL, idea, Vodafone, reliance, airtel etc. Excluding mobile recharges, the website also provides services for:        Domestic Money Transfer        DTH bill payment        Gas bill payment through BBPS        Landline bill payment through BBPS        Electricity bill payment through BBPS        School/...
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