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 ...

UPI hit record transaction volumes and value in December, rebounding after a softer November, driven by festive and year-end ...

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 ...

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 ...

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 ...