Airtel Payments Bank Launches Aadhaar Enabled Payment System (AePS)
Airtel Payments Bank has launched the Aadhaar Enabled Payment System (AePS), with which people can do transactions at over 2,50,000 of its banking locations across India.
Using AePS, customers can carry out transactions using their Aadhaar number. Aadhaar Enabled Payment System allows 6 types of transactions, including withdrawal and deposit.
Speaking about the ease that the AePS platform brings, Airtel Payments Bank COO Ganesh Ananthanarayanan said,
“The AePS platform offers ease of secured banking to everyone by using only their Aadhaar. The AePS roll-out is one more step by Airtel Payments Bank to contribute towards the government’s vision of financial inclusion.”