Year and Month-wise Aadhaar Enabled Payment System (AePS) Transaction Statistics

The data shows the transaction statistics of BHIM , Off-Us,On-Us and total transaction under AEPS in monthly distribution periods . Note:- (1)Aadhaar Enabled Payment System (AEPS) is a payment service that allows a bank customer to use Aadhaar as his/her identity to access his/her Aadhaar enabled bank account and perform basic banking transactions like balance enquiry, cash withdrawal, remittances through a Business Correspondent. (2)Off-Us Transaction: where the issuing bank and acquiring bank are different entities. (3)On-Us Transaction: where the issuing bank and the acquiring bank are the same entity (4)BHIM is an Indian mobile payment app developed by the National Payments Corporation of India, based on the Unified Payments Interface. Launched on 30 December 2016, it is intended to facilitate e-payments directly through banks and encourage cashless transactions