RBI aims to protect Aadhaar-enabled Payment Systems (AePS) from fraud; here’s how

RBI Deputy Governor T Rabi Sankar emphasizes the need for transaction safety in rural areas where Aadhaar-enabled payment system (AePS) is widely used. He suggests using different technologies over time to enhance security. The streamlined onboarding process for AePS touchpoint operators will bolster transaction security and convenience.

RBI aims to protect Aadhaar-enabled Payment Systems (AePS) from fraud; here’s how
RBI Deputy Governor T Rabi Sankar emphasizes the need for transaction safety in rural areas where Aadhaar-enabled payment system (AePS) is widely used. He suggests using different technologies over time to enhance security. The streamlined onboarding process for AePS touchpoint operators will bolster transaction security and convenience.