SEBI enters the UPI arena, launches new system to prevent fraud, keep money safe

SEBI enters the UPI arena, launches new system to prevent fraud, keep money safe – Advertisement – SEBI UPI Payment: Market regulator SEBI has launched two new initiatives to protect investors from fraud: Validated UPI Handles and SBI Check. SEBI claims this will make transactions easier and error-free. SEBI has developed this facility in collaboration […]

Aadhar Update: Now Aadhar linked payment system and safe, with this new feature, money will not be withdrawn from Fake Fingerprint

Aadhaar Enabled Payment System (AEPS) is a bank based model. In this, money transactions are done using Aadhaar based biometric authentication. In this, the bank customer can use the fingerprint for transactions in his Aadhaar linked bank account. No fraudulent transactions can be done with Aadhaar Enabled Payment System (AEPS). Unique Identification Authority of India […]