Question
The Aadhaar Enabled Payment System (AEPS) allows
customers to perform basic banking transactions like balance inquiry, withdrawal, and deposits at micro-ATMs using Aadhaar authentication. This system is facilitated by: ÂSolution
Explanation: AEPS is an NPCI product that uses Aadhaar-based authentication for interoperable banking transactions, usually through Business Correspondents (BCs) . Â
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