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India Post Payments Bank Rolls Out Aadhaar Enabled Payment Services

The payments bank offers two types of zero balance savings accounts at present: regular and basic.
The payments bank offers two types of zero balance savings accounts at present: regular and basic.
The government on Monday announced the rollout of Aadhaar Enabled Payment System (AePS) Services by India Post Payments Bank (IPPB). With the launch of AePS services, the India Post Payments Bank has now become the largest platform in the country for providing interoperable banking services to the customers of any bank, it said in a press release. AePS is a financial inclusion-focused payments system aimed at enabling bank customers ...
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