AEPS enables individuals to access basic banking services such as cash withdrawal, deposit, balance inquiry, and fund transfer through Aadhaar-based authentication at Micro ATMs eployed by banks and financial institutions.
BBPS stands for Bharat Bill Payment System, which is an integrated bill payment system in India. It enables consumers to pay their bills electronically through various channels such as online banking, mobile banking.
Mobile recharge services refer to the provision of a platform or system through which users can add credit or top-up their mobile phones with talk time, data, or other services.
"Payout services" typically refer to the range of financial transactions and mechanisms by which money is disbursed from one party to another. These services are often provided by financial institutions, payment processors.
PAN (Permanent Account Number) card is a unique 10-character alphanumeric identifier issued by the Income Tax Department of India to individuals and entities.
UPI (Unified Payments Interface) payout refers to a transaction where funds are transferred from one bank account to another using the UPI platform
FASTag is an electronic toll collection system in India operated by the National Highway Authority of India (NHAI). It employs Radio Frequency Identification (RFID) technology to make toll payments directly .
Payment gateway services in B2B (Business to Business) are platforms or systems that facilitate electronic transactions between businesses. These services allow B2B companies to accept payments from other businesses securely and efficiently.
Credit card payment services refer to the various systems and platforms that facilitate transactions made with credit cards. These services allow businesses to accept payments from customers using credit cards.
UTI (Unit Trust of India) Services in a B2B context likely refers to services provided by UTI to other businesses rather than individual consumers.
Domestic money transfer services refer to financial services that enable individuals or businesses to send money within the same country. These services facilitate the transfer of funds from one location to another.
Pan verification in B2B (Business-to-Business) services typically refers to the process of verifying the PAN (Permanent Account Number) of a business entity. PAN is a unique identification number assigned to every taxpayer in India.
"Quick transfer services" typically refer to financial or logistics services that facilitate fast and efficient transfer of funds, goods, or information from one party to another.
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