Aadhaar Enabled Payment System (AePS)

GPTKB entity

Statements (34)
Predicate Object
gptkbp:instanceOf gptkb:city
gptkbp:acceptsPaymentMethod inter-bank
intra-bank
gptkbp:access fingerprint
iris scan
gptkbp:compatibleWith gptkb:credit_card
signature
cheque
gptkbp:connectsTo bank accounts
Aadhaar database
gptkbp:countryOfOrigin gptkb:India
gptkbp:developedBy gptkb:National_Payments_Corporation_of_India
gptkbp:enables banking transactions using Aadhaar authentication
https://www.w3.org/2000/01/rdf-schema#label Aadhaar Enabled Payment System (AePS)
gptkbp:launched 2010
gptkbp:operatedBy business correspondents
gptkbp:partOf Digital India initiative
gptkbp:regulates gptkb:Reserve_Bank_of_India
gptkbp:requires gptkb:Aadhaar_number
biometric authentication
bank identification number (IIN)
gptkbp:supports financial inclusion
interoperable banking transactions
gptkbp:target unbanked population
gptkbp:transactionLimit set by individual banks
gptkbp:usedBy multiple banks in India
gptkbp:usedFor balance enquiry
cash withdrawal
fund transfer
cash deposit
mini statement
Aadhaar to Aadhaar fund transfer
gptkbp:bfsParent gptkb:NPCI
gptkbp:bfsLayer 7