RBI Aims to Protect Aadhaar-enabled Payment Systems (AePS) from Fraud; Here’s How | India Business News
Aadhaar-enabled payment frauds: With Aadhaar-enabled payment system (AePS) frauds on the rise, the Reserve Bank of India (RBI) plans to simplify the process for AePS service providers to join. Additionally, the RBI will add more measures to manage fraud in AePS.What is an Aadhaar-enabled Payment System and how does it work?According to ET, the Aadhaar-enabled … Read more