aeps in A Sentence

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    Planet of the Aeps.

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    2

    What is the meaning of“E” in Aeps?

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    3

    Why Choose Aeps Services?

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    4

    Why Aadhar enabled Payment System(Aeps) will work in India?

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    5

    Why Aadhaar enabled Payment System(Aeps) will work in India?

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    6

    What is Aeps( Aadhaar Enabled Payment System) and How it Works?

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    Aeps is a bank-led model which allows basic banking transactions at point of sale.

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    8

    The Aeps system facilitates inter-operability between banks in a safe and secure manner.

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    9

    Presently, the following are the banking services a customer can access under the Aeps:.

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    10

    Through Aeps, the customer can withdraw or deposit cash, make the balance enquiry, and transfer funds.

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    11

    Through Aeps, the customer can withdraw or deposit cash, make a balance enquiry, and transfer funds.

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    12

    Aadhaar Payments or Aeps is an aftereffect of this and has been formally reported at this point.

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    13

    In rural areas too, people can buy or sell through Aeps and they can also win rewards.

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    14

    There are two types of transactions that are undertaken by the Aeps, which are, Intrabank(on-us) and Interbank(off-us) transactions.

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    15

    UPI uses existing systems, such as Immediate Payment Service(IMPS) and Aadhaar Enabled Payment System(Aeps), to ensure seamless settlement across accounts.

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    16

    UPI will use existing systems such as Immediate Payment Service(IMPS) and Aadhaar Enabled Payment System(Aeps) to ensure seamless settlement across accounts.

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    17

    BHIM Aadhar is a highly secure app which will use two main platforms- Aadhaar Payment Bridge(APB) and Aadhaar Enabled Payment System(Aeps).

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    18

    The nation is moving towards computerized installments and through the use of UPI and Aeps, digitization is conceivable significantly more quicker.

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    19

    All transactions between consumers and merchants; consumers and government agencies and all Aeps transactions will be considered for the incentive scheme.

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    20

    This is certainly the most difficult category of use cases to cater to, but to reach them with assisted banking we have Aeps.

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    21

    APB acts as repository between the banks and customers to provide a smooth flow of transactions, while Aeps helps in authenticating the online process.

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    22

    The Aeps system has allowed banks to financially include more individuals and has permitted banks to reach customers they would not have been able to otherwise.

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    23

    APB will act as repository between the banks and the customers to provide a smooth flow of transactions, while Aeps will help in authenticating the online process.

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    24

    Low cost of service- Cost of serving per customer has gone down, as Aeps is an infrastructure-lite model and doesn't require bulky EDC machines and hence avoiding the huge fixed cost.

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    25

    Lower MDR- Aeps merchant payments aim to bring down the MDR so that more people start preferring electronic payments and even merchants would embrace it without much hit on their margins.

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    26

    Mobile number seeding and enabling the same for m-banking are a pre-requisite for making mobile payments while Aadhaar number seeding is a pre-requisite for using Aadhaar Enabled Payments System(Aeps), it added.

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    27

    The winners, who made digital transactions between November 9 and December 21 using RuPay, UPI, Aeps or USSD code, would get the prize money credited to their bank accounts in the next 72 hours.

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    28

    As I like to call it Planet of the Aeps haha has all kinds of different categories to choose from, individual files, or even large packages to download instead of a ton of singles.

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