Aadhar payment systems gathers steam, trumps ATM withdrawals
MUMBAI: The Covid-19 pandemic has led to a surge in the adoption of cash withdrawals through Aadhar-enabled Payment Systems (AePS) that have doubled since last year, replacing the age-old dependence on teller machines where transactions halved in the same period. With less than a quarter of the 2.3 lakh ATMs deployed in rural areas in … Read more