Aadhaar Enabled Payment System
On June 27, 2025, the Reserve Bank of India (RBI) has issued a comprehensive directive aimed at enhancing the safety, security and integrity of the Aadhaar Enabled Payment System (AePS). Operated by the National Payments Corporation of India (NPCI), AePS plays a vital role in India’s financial inclusion framework by facilitating interoperable transactions through Aadhaar-based authentication. It enables essential banking services such as cash withdrawals, deposits, fund transfers, balance enquiries and mini statements across urban and rural areas alike.
