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Aadhaar Enabled Payment System (AEPS) is a payment mechanism used in India to provide an electronic payment mechanism using the Aadhaar number as proof of identity. The advantage of using AEPS over other systems is that it helps save time and costs incurred by banks.
Aadhaar Enabled Payment System (AEPS) is a payment mechanism used in India to provide an electronic payment mechanism using the Aadhaar number as proof of identity. The advantage of using AEPS over other systems is that it helps save time and costs incurred by banks.