DISCONTINUATION OF BSR
CODE-REGARDING (Click the link below to view)
https://cpao.nic.in/pdf/discont_of_bsr_code_regarding.pdf
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IPPB ROLLS OUT OF AADHAAR-ENABLED PAYMENT SERVICES (AePS): 10 THINGS
TO KNOW
- IPPB has now
become the single largest platform in the country for providing
interoperable banking services to the customers
- To avail these
services, a customer with an Aadhaar linked account can simply
authenticate his/her identity with fingerprint scan
- India Post
Payments Bank (IPPB) on Monday said that it has rolled out Aadhaar enabled
payment system (AePS) services. With this, IPPB has now become the single
largest platform in the country for providing interoperable banking
services to the customers of any bank. Union Minister for Communications
and IT Ravi Shankar Prasad today announced the rollout of AePS services on
IPPB's first anniversary.
Things to know about IPPB's AePS services
1) With AePS services, any person with a bank account linked to
Aadhaar can perform basic banking services such as cash withdrawals and balance
enquiry irrespective of the bank they hold their account with.
2) To avail these Aadhaar enabled payment services, a customer
can simply authenticate his/her identity with fingerprint scan and Aadhaar
authentication to complete a transaction.
3) Speaking at the launch of AePB services, Ravi Shankar Prasad
said, "With IPPB’s AePS Services, we now have the ability to provide
interoperable doorstep banking services to customers of any bank including the
34 crore Jan Dhan account holders, by leveraging the unprecedented last mile
reach of IPPB. This fulfills PM Narendra Modi’s vision set forth at the time of
launch of IPPB last year of ushering in economic transformation by bringing
banks to the doorsteps of the villagers and poor. I wish IPPB and its
management all the success in its future growth journey."
4) A.N. Nanda, Secretary, Department of Posts said, “The launch
of AePS by India Post Payments Bank enhances the last mile interoperable
banking infrastructure by 2.5 times. The network brings doorstep banking access
to millions of underbanked customers and gives a fresh impetus to inclusion of
customers facing accessibility challenges in the traditional banking
ecosystem."
5) Suresh Sethi, Managing Director and CEO, India Post Payments
Bank said, “With the launch of AePS services IPPB has now become the single
largest interoperable platform in the country. By leveraging AePS customers can
now access their accounts with any bank by simply using their fingerprint for
cash withdrawal and balance enquiry right at their doorstep through the Postmen
and GDS."
6) Dilip Asbe, Managing Director and CEO, National Payments
Corporation of India said, “IPPB’s integration with AePS could be a new dawn in
the realm of financial inclusion. AePS is moving forward in empowering all
sections of the society by making financial services available to people from
the farthest possible places."
7) IPPB’s services are now available across more than 136,000
Post Offices and delivered by over 195,000 Postmen and GDSs. The ability of the
Postmen and GDS to reach every village on an almost daily basis has brought
down the distance to access banking services to ‘0 kms'.
8) IPPB has been set up with the vision to build the most
accessible, affordable and trusted bank for the common man in India.
9) IPPB delivers simple and affordable banking solutions through
intuitive interfaces available in 13 languages.
10) IPPB is committed to provide a fillip to a less cash economy
and contribute to the vision of Digital India.
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