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"AEPS" stands for Aadhaar Enabled Payment System. It is a payment service that allows individuals to perform financial transactions through Aadhaar authentication. AEPS leverages the Aadhaar number and fingerprint or iris authentication for secure and easy financial transactions.
"BBPS" stands for Bharat Bill Payment System. It is an integrated bill payment system in India that offers interoperable and accessible bill payment services to customers through a network of agents, online channels such as websites and mobile apps, and various modes of electronic payments. .
"Quick transfer services" generally refers to financial or money transfer services that emphasize speed and efficiency in moving funds from one place to another. These services are often provided by banks, financial institutions, or specialized money transfer companies.
Domestic money transfer services refer to financial services that facilitate the transfer of funds within the same country. These services allow individuals, businesses, or other entities to send money from one location to another within the borders of a specific country.
Prepaid mobile recharge services refer to the process of adding credit or talk time to a mobile phone account before using the services. In a prepaid mobile arrangement, users pay in advance for the mobile services they intend to use.
PAN card services refer to the various services related to the issuance, modification, and verification of PAN cards. It serves as a key identification number for individuals, companies, and entities engaging in financial transactions.
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