Aadhaar Enabled Payment System Services: India Post Payments Bank
September 10 , 2019
1934 days
991
- Union Government has announced the official rollout of Aadhaar Enabled Payment System Services by India Post Payments Bank (IPPB).
- IPPB has become the single largest platform in the country for providing interoperable banking services to customers of any bank.
- It is due to its extensive last mile connectivity of post offices.
About
- India Post Payments Bank (IPPB) is a 100% government owned payments bank operating under the Department of Posts, Ministry of Communications.
- It was founded on 1 September, 2018.
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