India, Sept. 11 -- Unveiled at GFF 2206, the solution aims to streamline cash deposits through Aadhaar authentication
Mumbai : Fino Payments Bank ("Fino Bank", "the Bank") today announced that it went live with Aadhaar-enabled Payment System (AePS) three-party cash deposit (3PCD) service, an interoperable assisted-banking innovation developed by the National Payments Corporation of India (NPCI). The new service allows a depositor to walk into any of Fino Bank's over 20 lakh points across the country and deposit cash into any Aadhaar linked bank account of a registered beneficiary - a significant step forward in advancing interoperable, assisted banking services across India.
NPCI officially launched the service on September 9 at Global Fi...