Monday
September 9
2019

India Post Payments Bank Rolls out Aadhaar-Enabled Payment Services

India Post Payments Bank (IPPB) on Monday said that it has rolled out Aadhaar enabled payment system (AePS) services. With this, IPPB has now become the single largest platform in the country for providing interoperable banking services to the customers of any bank. Union Minister for Communications and IT Ravi Shankar Prasad today announced the rollout of AePS services on IPPB’s first anniversary.

Photo courtesy of Pabak Sarkar.

Source: Livemint (link opens in a new window)

Categories
Finance
Tags
digital identity, digital payments, emerging markets, financial inclusion, financial services, fintech