#aadhaar based payment system app

[joeyrapace]

What Is The Best App To Do Your Income Tax?

What is Income Tax Filing?

Income tax filing in India refers to submitting your income tax return (ITR) to the Income Tax Department. This process is essential for reporting your income, claiming deductions, and paying any taxes due. Here's how it works.

Reporting Income

Salaries: If you're employed, you must report your salary income.

Business or Professional Income: If you're self-employed or have a business, you report your earnings from these sources.

Other Sources: Include income from house property, capital gains, and other sources like interest from bank accounts.

Claiming Deductions

Deductions are available under sections like 80C (investments), 80D (health insurance), and more. These help reduce your taxable income.

Calculating Tax Payable

Based on your total income and applicable deductions, you calculate the tax you owe using the current income tax slabs.

Paying Taxes

Suppose any tax is due after considering TDS (Tax Deducted at Source) and advance tax payments. In that case, you must pay it before filing your return.

Submitting the ITR

You file your ITR online through the official Income Tax Department website or via authorised intermediaries. You can also submit a physical return, although online filing is more common and convenient.

Verification

After filing, you must verify your ITR. You can do this electronically through Aadhaar OTP, net banking, or by sending a signed physical copy of ITR-V to the Income Tax Department.

When to File ITR?

The due date for individuals is usually July 31st of the assessment year (the year following the financial year for which the return is being filed).

Filing your income tax return is not just a legal obligation but also a way to ensure financial compliance and take advantage of various tax-saving opportunities.

Must-have Features for An Income Tax Filing App

Creating an income tax filing app in India requires incorporating several essential features to ensure the process is user-friendly, efficient, and compliant with Indian tax laws. Here are the must-have features for such an app.

1. User-Friendly Interface

Intuitive Design

Easy Navigation: Simple, clear navigation to help users find what they need without confusion.

Guided Steps: Step-by-step guidance through the filing process.

Multilingual Support

Support for major Indian languages to cater to a diverse user base.

2. Secure Login and Data Protection

Authentication

Two-Factor Authentication (2FA): Enhances security by requiring two verification forms.

Biometric Login: Use fingerprint or facial recognition for secure and quick access.

Data Encryption

Ensures all personal and financial data is encrypted during transmission and storage.

3. Integration with Government Systems

e-Filing Integration

Direct integration with the e-filing portal for seamless submission of returns.

PAN and Aadhaar Verification

Fetch basic details from the PAN and Aadhaar databases to auto-fill forms.

4. Comprehensive Tax Calculation

Income Categories

Ability to handle various income types such as salary, business income, capital gains, house property, and other sources.

Deduction and Exemption Guidance

Section-wise Deductions: Guide users on claiming deductions under sections like 80C, 80D, etc.

Automatic Calculation: Automatic computation of eligible deductions and exemptions based on user input.

5. Document Management

Upload and Store Documents

Digital Document Upload: Allow users to upload necessary documents like Form 16, investment proofs, etc.

Secure Storage: Secure storage for all uploaded documents.

Document Scanner

Use the phone's camera to scan and upload physical documents directly within the app.

6. Error Checking and Validation

Real-time Error Detection

Form Validation: Real-time checks for common errors and omissions.

Auto-Suggestions: Provide suggestions for corrections and improvements.

Tax Compliance Alerts

Alerts for important dates, deadlines, and compliance requirements.

7. Customer Support and Help Section

In-app Support

Chat Support: Live chat with tax experts for real-time assistance.

FAQs and Guides: Comprehensive help section with FAQs, guides, and video tutorials.

Email and Phone Support

Support through email and phone for complex queries.

8. Tax Payment and Refund Tracking

Integrated Payment Gateway

The facility to pay taxes directly through the app using various payment methods.

Refund Status

Track the status of tax refunds within the app.

9. Analytics and Reports

Detailed Reports

Summary Reports: Summary of income, deductions, and taxes payable.

Historical Data: Access to previous years' tax returns and comparison reports.

Visual Analytics

Visual representation of income, expenses, and tax liability.

10. Advanced Tax Planning Tools

Personalized Tax Planning

Tax Saving Suggestions: Personalized tax-saving tips and investment suggestions based on user profile and financial goals.

Year-round Tax Planning: Tools to help plan and optimize taxes throughout the year, not just at filing time.

Financial Goal Setting

With integrated tax planning advice, set and track financial goals such as retirement, child's education, and home purchase.

Tax-efficient Investments: Suggest investments that offer tax benefits, such as PPF, NPS, ELSS, and tax-saving FDs.

Real-time Updates: Provide updates on changes in tax laws and how they impact tax planning strategies.

Tax Impact Simulations: Simulate the tax impact of different financial decisions and investment scenarios.

Future Projections: Forecast future tax liabilities and savings based on current investments and financial plans.

11. Additional Features

GST Filing (for Businesses)

Features for GST return filing and management for business users.

Notifications and Reminders

Reminders for tax filing deadlines, document submission dates, and other important events.

Multi-User Support

Manage multiple user profiles from a single account for family members.

Final Word

An itr filing app should prioritise user convenience, security, and compliance. By incorporating these essential features, the app can provide a seamless, efficient, and secure tax filing experience, catering to the diverse needs of Indian taxpayers. Amongst many of the best apps, 1 Finance stands out with its seamless integration with external sources and friendly user interface.

[yatikensoftwaresolution]

ONDC - A game changer in e-commerce

What is Open Network Digital Commerce(ONDC)?

As an alternative to the current state of e-commerce, the Indian government introduced the Open Network Digital Commerce (ONDC) in 2021 with the goal of “Creating an inclusive ecosystem for e-commerce”.

India has led the globe in showcasing the effective implementation of digital infrastructures, like AADHAAR, UPI, and others, at the population level. Another tech-based project, open network digital commerce, was launched to change how e-commerce operates in the nation by enabling e-commerce via an open protocol built on open-source specifications.

This program has supported and strengthened the expansion of Indian startups in addition to facilitating the quick adoption of e-commerce. Through the open protocol, ondc e-commerce company enabled scalable and affordable e-commerce, enabling entrepreneurs to grow cooperatively. Hence becoming a game changer in e-commerce.

The goal of Open Network Digital Commerce

The goal of the open network digital commerce (ONDC) initiative is to advance open networks for any kind of digital or electronic network-based trade in products and services. Open-sourced methods, open standards, and open network protocols that are not dependent on any one platform are to be the cornerstones of the ondc app.

Similar to the hypertext transfer protocol for information exchange over the internet, the simple mail transfer protocol for email exchanges, and the UPI(unified payments interface) for payments, the foundations of open network digital commerce are to be open protocols for every step of the entire chain of activities in the exchange of goods and services.

To facilitate information sharing between providers and customers, these open protocols are utilized to build public digital infrastructure in the form of open registries and network gateways. Any suitable application of their choice might be used by both providers and customers to conduct transactions and exchange information over ondc e-commerce services.

To be digitally visible and do business, the buyer and seller must utilize the same platform or application. This present platform-centric digital commerce model is therefore replaced by ONDC.

Operations like order fulfillment, inventory management, order management, and cataloging are standardized under ONDC protocols. This has freed small enterprises from platform-centric regulations and has allowed them to utilize any ONDC-compatible application or ONDC app. This has also enabled small enterprises a variety of ways to conduct business and be found on networks. Additionally, it would make it easier for people who aren't currently on digital commerce networks to adopt digital ways. 

It is anticipated that ONDC e-commerce services will increase customer accessibility and inclusivity in e-commerce. Customers may use any compatible application or platform to find any seller, good, or service, giving them more options and more freedom of choice. Customers will be able to match demand with the closest supply thanks to it. Additionally, customers would have the freedom to select the local businesses that they like. As a result, ONDC would drive logistics efficiency, standardize processes, encourage the use of local suppliers, and improve value for customers.

Features of Open Network Digital Commerce 

By switching from a platform-centric to an open-network architecture, ONDC, a UPI for e-commerce, aims to democratize digital or electronic commerce. Merchants will be allowed to store their data through ondc app to contact customers and develop credit histories.

Regardless of the platform or application they use, open-network digital commerce intends to enable merchants and buyers to transact through an open network and be digitally visible in this system. By dismantling organizational walls and creating a single network to spur innovation and growth, it will also enable retailers and customers, to revolutionize a wide range of industries from ondc app for food delivery and retail to transportation.

With open specifications and open network protocols that are not platform-specific, the new framework seeks to promote open networks built using open-sourced methodologies.

It is anticipated to increase value for customers, standardize processes, encourage supplier inclusion, digitize the entire value chain, and create efficiency in logistics.

The official statement from the government states that an open network for digital commerce apps would take all necessary steps to protect the privacy and confidentiality of data on the network. It will collaborate with participants to release aggregate, anonymized network performance measurements while maintaining privacy and confidentiality. 

Hence we believe that open network digital commerce ONDC has emerged as a great step taken by the government and can be a game changer in e-commerce shortly.

[chequpi]

Can Foreign Citizens Use UPI in India?

Unified Payments Interface, commonly known as UPI, has transformed the way people in India make digital payments. It has simplified transactions, making them faster and more convenient. But can foreign citizens use UPI in India? In this article, we will explore the possibilities, and although we won’t forcefully promote any specific UPI service, we’ll introduce CheqUPI as one of the options to consider.

Introduction to UPI

Unified Payments Interface (UPI) is a real-time payment system in India. It allows individuals to make digital transactions with ease. UPI enables instant money transfers, bill payments, and online shopping, all through a single app.

The UPI Ecosystem

The UPI ecosystem involves banks, payment service providers, and end-users. To use UPI, individuals need a bank account, a smartphone, and a UPI-enabled app.

Understanding UPI for Foreign Citizens

Foreign citizens in India can indeed use UPI, but there are specific guidelines and eligibility criteria they must meet. Non-resident individuals can take advantage of this system for various financial transactions, provided they adhere to the regulations.

Benefits of Using UPI in India

Foreign citizens who opt to use UPI in India can experience several benefits. These include:

Convenience: UPI makes digital payments easy and quick.

Interoperability: UPI works across multiple banks and apps, allowing seamless transactions.

Versatility: From paying bills to making purchases, UPI covers various financial needs.

How to Register for UPI as a Foreign Citizen

Registering for a UPI account as a foreign citizen is a straightforward process. Here are the steps:

Download a UPI-enabled app from your app store.

Choose your preferred language and enter your mobile number.

Verify your mobile number via OTP (One-Time Password).

Create a unique UPI ID.

Link your bank account to the UPI app.

Set a UPI PIN for secure transactions.

KYC Requirements

To ensure security and regulatory compliance, foreign citizens must complete the KYC process. This typically involves providing identity and address proof documents, along with a recent photograph.

Popular UPI Apps

Several popular UPI apps are available, including PhonePe, Google Pay, and Paytm. Foreign citizens can explore these apps to choose the one that aligns with their preferences.

CheqUPI: A Convenient Option

While we don’t endorse any specific UPI service, it’s worth mentioning CheqUPI as a potential option. CheqUPI offers a user-friendly interface and provides access to a wide range of UPI features.

Making UPI Transactions

To make UPI transactions, follow these steps:

Open your UPI app.

Select the type of transaction (e.g., money transfer or bill payment).

Enter the recipient’s UPI ID or mobile number.

Specify the amount.

Verify the details and confirm the transaction with your UPI PIN.

Safety and Security Measures

Safety is a top priority when using UPI. Here are some safety measures to follow:

Protect your UPI PIN: Never share it with anyone.

Use secure Wi-Fi: Avoid public networks for transactions.

Regularly check your transactions: Monitor your UPI transactions to detect any unauthorized activity.

Limitations for Foreign Citizens

While foreign citizens can use UPI in India, there may be certain limitations or restrictions based on their visa type and other factors. It’s advisable to check with the respective bank or UPI service provider for specific details.

Frequently Asked Questions

Can foreign tourists use UPI in India for short-term visits?

Yes, foreign tourists can use UPI in India, but it’s essential to check the duration of service availability.

Is Aadhaar mandatory for UPI registration as a foreign citizen?

Aadhaar may not be mandatory, but other identification documents are required.

Can foreign students in India use UPI for fee payments?

Yes, foreign students can use UPI for various payments, including fee payments.

Are UPI transactions subject to currency conversion fees for foreign citizens?

Currency conversion fees may apply, depending on the bank and transaction type.

[rainet00]

BBPS API

Rainet Technology Private Limited is a leading BBPS API provider company in India. We provide the best BBPS API services to our customers and help them to grow their business. Our team of experts has extensive experience in developing and deploying secure, reliable, and scalable APIs for various industries.

We offer a wide range of services such as AEPS API, Android App Development, IOS App Development, Hotel Booking Software Development, Bus Booking Software Development and Digital Marketing Service. Our team is well-versed in the latest technologies and trends to ensure that our customers get the best solutions for their business needs.

We also provide Education Portal development services which help educational institutions to manage their operations efficiently. We have a dedicated team of professionals who are experienced in developing custom portals for schools, colleges and universities. Our portal development services include user management system integration, content management system integration, payment gateway integration and more.

At Rainet Technology Private Limited we strive to deliver high quality BBPS API solutions at competitive prices with excellent customer service support. We understand the importance of providing secure APIs that meet industry standards so that our customers can trust us with their data security requirements. With our expertise in this domain we guarantee you an efficient solution for your business needs. Contact us today to learn more about how we can help you grow your business! We also provide AEPS API solutions for businesses that need to integrate their payment systems with the Aadhaar Enabled Payment System (AEPS). Our APIs are designed to be secure and reliable, ensuring that your customers can make payments securely. We have a team of experienced developers who understand the latest technologies and trends in this domain so you can rest assured that you will get the best solution for your business needs.

Apart from BBPS API and AEPS API solutions, we also offer Android App Development services as well as IOS App Development services. Our team of experienced developers is capable of creating custom mobile applications according to your specific requirements. We use cutting-edge technologies such as React Native, Flutter, Kotlin etc., which help us create high quality apps with great user experience.

We also specialize in developing software solutions for Hotel Booking and Bus Booking systems. Our software development services include integration with third party APIs such as Google Maps, Trip Advisor etc., so you can easily manage bookings on multiple platforms at once. Additionally, our Digital Marketing Services help businesses reach out to potential customers through various online channels like search engine optimization (SEO), social media marketing (SMM) etc., thus helping them increase their customer base significantly over time.

At Rainet Technology Private Limited we strive to deliver high quality products and services at competitive prices with excellent customer service support. Contact us today if you would like more information about any of our products or services.

Visit Website:  https://rainet.co.in/BBPS-API-Integration.php

[baibhav]

BBPS API

Rainet Technology Private Limited is a leading BBPS API provider company in India. We provide the best BBPS API services to our customers and help them to grow their business. Our team of experts has extensive experience in developing and deploying secure, reliable, and scalable APIs for various industries.

We offer a wide range of services such as AEPS API, Android App Development, IOS App Development, Hotel Booking Software Development, Bus Booking Software Development and Digital Marketing Service. Our team is well-versed in the latest technologies and trends to ensure that our customers get the best solutions for their business needs.

We also provide Education Portal development services which help educational institutions to manage their operations efficiently. We have a dedicated team of professionals who are experienced in developing custom portals for schools, colleges and universities. Our portal development services include user management system integration, content management system integration, payment gateway integration and more.

At Rainet Technology Private Limited we strive to deliver high quality BBPS API solutions at competitive prices with excellent customer service support. We understand the importance of providing secure APIs that meet industry standards so that our customers can trust us with their data security requirements. With our expertise in this domain we guarantee you an efficient solution for your business needs. Contact us today to learn more about how we can help you grow your business! We also provide AEPS API solutions for businesses that need to integrate their payment systems with the Aadhaar Enabled Payment System (AEPS). Our APIs are designed to be secure and reliable, ensuring that your customers can make payments securely. We have a team of experienced developers who understand the latest technologies and trends in this domain so you can rest assured that you will get the best solution for your business needs.

Apart from BBPS API and AEPS API solutions, we also offer Android App Development services as well as IOS App Development services. Our team of experienced developers is capable of creating custom mobile applications according to your specific requirements. We use cutting-edge technologies such as React Native, Flutter, Kotlin etc., which help us create high quality apps with great user experience.

We also specialize in developing software solutions for Hotel Booking and Bus Booking systems. Our software development services include integration with third party APIs such as Google Maps, TripAdvisor etc., so you can easily manage bookings on multiple platforms at once. Additionally, our Digital Marketing Services help businesses reach out to potential customers through various online channels like search engine optimization (SEO), social media marketing (SMM) etc., thus helping them increase their customer base significantly over time.

At Rainet Technology Private Limited we strive to deliver high quality products and services at competitive prices with excellent customer service support. Contact us today if you would like more information about any of our products or services.

Visit Website:   https://rainet.co.in/BBPS-API-Integration.html

[payprimeindia]

Top AEPS Service Provider Company in India | PayPrime

If you're apprehensive of AEPS business and want a free companion about AEPS. Then our platoon direct connect with you and give you with complete details about AEPS business and AEPS software result. Book Free Demo Now for Best AEPS software provider in India.

What is AEPS?

AEPS full form is an Aadhaar- enabled payment system. This is a unique payment system( Aadhaar banking system) that allows banking through a unique Identity number( Aadhaar card number) and fingerprint authentication. By using AEPS service, a bank customer can access all banking complexes without going bank or ATM.

To use AEPS service through Aadhaar, the client’s primary bank account must be linked with an Aadhaar card.

In short, we will say that is the brand new manner of virtual banking wherein you want an Aadhaar card to apply banking than virtual cards.

This Aadhaar banking machine is maximum famous now no longer simplest in rural regions however additionally in city and semi-city regions.

AEPS changed into the first-rate alternative for banking withinside the Covid-19 section wherein all banks and ATMs are closed. After Covid-19, AEPS transactions ruin all facts and supported a cashless society in India.Payprime provides Best AEPS Admin Portal. 

Why Was AEPS Service Started?

The primary motto at the back of beginning AEPS carrier is to offer banking centers to all sectors of society. Before the AEPS system, there have been lots of locations in India with a loss of banks and ATMs. This is the cause human beings have been not able to make a contribution to the economy.

The authorities understood all of the troubles and commenced AEPS offerings primarily based totally on Aadhaar authentication. This changed into the grasp inventory through the authorities that modified the muse of banking in India.

Today a large a part of the populace makes use of banking thru AEPS and contributes to the economy. Along with this, AEPS generated big employment.

Anyone can begin their very own AEPS commercial enterprise and might make it a good-looking supply of Income.

Why Payprime is No 1 AEPS Company in India?

Payprime software program is one of the pinnacle withinside the listing of AEPS Admin portal and AEPS Reseller Software carrier vendors Company in India over the past eight regular years. We have a large group of specialists who've information in custom software program improvement and cellular app improvement, etc.

Our group studies and examine the present troubles withinside the enterprise and different elements of experts brainstorm and discover the quality solutions.

We recognize patron requirements (needs) and offer them high-quality answers primarily based totally on marketplace trends, client needs, and drawing close enterprise trends.

Our validated technique facilitates them get the best-match answer for commercial enterprise at the bottom investment. On-going studies on era and consumer issues facilitates us to make our device extra up to date and advanced.

This is the motive these days we're the pinnacle AEPS carrier issuer employer in India and serving greater than 1500+ glad customers to extrade their lifestyles with the exceptional carrier and support.

Payprime AEPS Software Features that Make a Difference

We offer you with wellknown AEPS software program primarily based totally at the latest  technology

Our b2b AEPS software program is absolutely customized

You can create limitless individuals to your downline

Admin has all manage over AEPS software, wallet, and members

We offer you with lifetime loose tech support

You can offer the exceptional AEPS carrier thru more than one banks

The achievement ratio is 99.7%

We offer you with guide schooling so you can apprehend the AEPS software program easily

You can offer all simple banking offerings like aeps coins withdrawal, coins deposit, stability enquiry, fund transfer, mini statement, Aadhaar pay, payout and UPI collection

We provide you the very best AEPS fee as in step with NPCI norms

Our AEPS software program is straightforward to use, rapid and incredibly secured

You can add on all offline services for free

Along with the AEPS portal, we provide your website and the best aeps app for business

Unique member panel design attracts more customers                

Conclusion

So right here we mentioned pinnacle 10 AEPS carrier issuer organization listing in India. You can begin your B2B AEPS portal with these groups and can make it a right supply of Income.

You can boost your income by increasing AEPS transactions.

You can additionally add on more than one offerings in your AEPS portals like cellular recharge software, utility consignment payment, and cash switch software program which can improve your earnings propositionally.

I hope this article will assist you to make a fruitful choice about the deciding on great AEPS carrier issuer in India for business.

[amitsood]

What is the AEPS (Aadhaar enabled payment system) and what are its uses?

AePS promotes cashless transactions with the help of biometric verification. According to NPCI, which runs the platform, biometric-based transactions grew by 10% to 208 million transactions in October 2019 from 189 million in April quoted by Economic Times.

Now can you think of the business opportunity it has created? This System demands low investment and provides a high earning chances so now let’s learn about it!

What is AEPS?

Aadhaar Enabled Payment System (AEPS) is a type of payment system that is based on the Unique Identification Number and allows Aadhaar cardholders to seamlessly make financial transactions through Aadhaar-based authentication.

How is it helping?

AEPS has a very great impact on every part of the society that serves common people such as financial, banking, etc because due to this transfering funds gets easy, deposit and withdrawing cash becomes clear, making payments gets easy and many such facilities.

It also maintains transparency as for every transaction either it happens in Inter-bank or intra-bank, receipts are printed and provided to clients or customers.

There are certain benefits of using AEPS, We will mention it below-

Trustworthy and a reliable process.

user-friendly

Certified transaction process.

Mini-ATM

Functional in banks

Account-holders can have access from Aadhar card Authentication.

The hassle-free process.

If you have read the benefits then now is the time to tell you how and where can you get the device from and who can resolve your issues.

GST Suvidha Centers is a perfect place to get access to the service. It is a company that offers an AEPS facility in PAN India.

GST Suvidha Centers- One-Stop for 11 verticals’ Solution-

GST Suvidha Centers is changing the lives of people by empowering them, either be youth or aged despite gender, caste, etc by providing Employment, Education and Proper Health Care opportunities. With its 10000+ franchises in PAN India, it is serving 7 lakh customers with 11 verticals and given employment opportunity to 25000 people with technical assistance such as App system and also with its guided and professional tax experts.

If you join GST Suvidha Centers, you can not only get your hands on its 11 verticals but you will also be guided with business tools and an assured earning opportunities with the Artificial intelligence.

Joining GST Suvidha Centers is easy and working beside is easier.

How can you get AEPS from GST Suvidha Centers?

After knowing the benefits of AEPS, one surely wants to earn through it but do GST Suvidha Centers have the authorized permission for this?

Yes, GST provides a government authorized license for it. Here are the eligibility criteria for it-

With or Without GST Knowledge.

A proper office space.

Minimum education -12th pass

Full Time/Part Time/Work from Home.

Have access to the Internet by Computer, printer, Scanner or An Android Mobile.

The Good news is that GST Suvidha Centers gives a decent amount of commission rates on every service and a great team is always available to assist you at every step, every franchise owners go through proper training and certification process so we would like to hear from you and if you are interested in contact us soon.

For More Information Visit us at

https://www.gstsuvidhacenters.com/blog/how-to-gst-suvidha-center-a-high-profitable-franchise-business-in-2020/

Contact us at https://www.gstsuvidhacenters.com/contact-us/

Call us now 18008435500

Email us at connect@gstsuvidhacenters.com

gst suvidha kendra franchise , gst suvidha centre franchise , gst suvidha kendra services , gst center franchise , gst seva kendra franchise

[bonjourmoncher]

Financial literacy is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. Raising interest in personal finance Hamilton Lindley is now a focus of state-run programs in countries including Australia, Canada, Japan, the United States and the United Kingdom.[1][2] Understanding basic financial concepts allows people to know how to navigate in the financial system. People with appropriate financial literacy training make better financial decisions and manage money better that those without such training.[3]

The Organization for Economic Co-operation and Development (OECD) started an inter-governmental project in 2003 with the objective of providing ways to improve financial education and literacy standards through the development of common financial literacy principles. In March 2008, the OECD launched the International Gateway for Financial Education,[4] which aims to serve as a clearinghouse for financial education programs, information and research worldwide. In the UK, the alternative term "financial capability" is used by the state and its agencies: the Financial Services Authority (FSA) in the UK started a national strategy on financial capability in 2003. The US Government also established its Financial Literacy and Education Commission in 2003.[5]

International Findings An international OECD study was published in late 2005 analysing financial literacy surveys in OECD countries. A selection of findings[6] included:

In Australia, 67 percent of respondents indicated that they understood the concept of compound interest, yet when they were asked to solve a problem using the concept only 28 percent had a good level of understanding. A British survey found that consumers do not actively seek out financial information. The information they do receive is acquired by chance, for example, by picking up a pamphlet at a bank or having a chance talk with a bank employee. A Canadian survey found that respondents considered choosing the right investments to be more stressful than going to the dentist. A survey of Korean high-school students showed that they had failing scores – that is, they answered fewer than 60 percent of the questions correctly – on tests designed to measure their ability to choose and manage a credit card, their knowledge about saving and investing for retirement, and their awareness of risk and the importance of insuring against it. A survey in the US found that four out of ten American workers are not saving for retirement. "Yet it is encouraging that the few financial education programmes which have been evaluated have been found to be reasonably effective. Research in the US shows that workers increase their participation in 401(k) plans (a type of retirement plan, with special tax advantages, which allows employees to save and invest for their own retirement) when employers offer financial education programmes, whether in the form of brochures or seminars."[6][7]

However, academic analyses of financial education have found no evidence of measurable success at improving participants' financial well-being.[8][9]

According to 2014 Asian Development Bank survey, more Mongolians have expanded their financial options, and for instance now compare the interest rates of loans and savings services through the successful launch of the TV drama with focus on the fiscal literacy of poor and non-poor vulnerable households.[10] Given that 80% of Mongolians cited TV as their main source of information, TV serial dramas were identified as the most effective vehicle for messages on financial literacy.[10]

Additionally, a growing number of financial literacy researchers are raising questions about the political character of financial literacy education, arguing that it justifies the shifting of greater financial risk (e.g. tuition fees, pensions, health care costs, etc.) to individuals from corporations and governments. Many of these researchers argue for a financial literacy education that is more critically oriented and broader in focus; an education that helps individuals better understand systemic injustice and exclusion, rather than one which understands financial failure as an individual problem and the character of financial risk as apolitical. Many of these researchers work within social justice, critical pedagogy, feminist and critical race theory paradigms.[11][12][13][14][15][16]

Asia Pacific Middle East Africa A survey of women consumers across Asia Pacific Middle East Africa (APMEA) comprises basic money management, financial planning and investment. The top ten of APMEA Women MasterCard's Financial Literacy Index are Thailand 73.9, New Zealand 71.3, Australia 70.2, Vietnam 70.1, Singapore 69.4, Taiwan 68.7, Philippines 68.2, Hong Kong 68.0, Indonesia 66.5 and Malaysia 66.0.[17]

Australia The Australian Government established a National Consumer and Financial Literacy Taskforce in 2004, which recommended the establishment of the Financial Literacy Foundation in 2005. In 2008, the functions of the Foundation were transferred to the Australian Securities and Investments Commission (ASIC). The Australian Government also runs a range of programs (such as Money Management) to improve the financial literacy of its Indigenous population, particularly those living in remote communities.

In 2011 ASIC released a National Financial Literacy Strategy — informed by an earlier ASIC research report 'Financial Literacy and Behavioural Change' — to enhance the financial wellbeing of all Australians by improving financial literacy levels.The strategy has four pillars:[18]

Education Trusted and independent information, tools and support Additional solutions to drive improved financial wellbeing and behavioural change Partnerships with the sectors involved with financial literacy, measuring its impact and promoting best practice ASIC's MoneySmart website was one of the key initiatives in the government's strategy. It replaced the FIDO and Understanding Money websites.

ASIC also has a MoneySmart Teaching website[19] for teachers and educators. It provides professional learning and other resources to help educators integrate consumer and financial literacy into teaching and learning programs.

A number of Hamilton P Lindley universities offer financial literacy subjects, such as Monash University BEX2001: You, Money & Life]), Macquarie University AFAS300: Principles of Financial Literacy, The University of Western Australia (FINA1109: Managing Your Personal Finance) and The University of Melbourne (FNCE30008: Street Finance).

The Know Risk Network of web and phone apps, newsletters, videos and website[20] was developed by insurance membership body ANZIIF to educate consumers on insurance and risk management.

India National Centre for Financial Education (NCFE) a non-profit company was created under section 8 of companies act 2013, to promote financial literacy in India.[21] It is promoted by four major financial regulators Reserve Bank of India, SEBI, IRDA and PFRDA.[22]

NCFE conducted a benchmark survey of financial literacy in 2015 to find the level of financial awareness in India.[23] It organises various programs to improve the financial literacy including collaborating with schools and developing new curriculum to include financial management concepts.[24] It also conducts a yearly financial literacy test.[21] The list of topics covered by NCFE in its awareness programs includes investments, types of bank accounts, services offered by banks, Aadhaar card, demat account, pan cards, power of compounding, digital payments, protection against financial frauds etc.[24]

Saudi Arabia A nationwide survey was conducted by SEDCO Holding in Saudi Arabia in 2012 to understand the level of financial literacy in the youth.[25] The survey involved a thousand young Saudi nationals, and the results showed that only 11 percent kept track of their spending, although 75 percent thought they understood the basics of money management. An in-depth analysis of SEDCO's survey revealed that 45 percent of youngsters did not save any money at all, while only 20 percent saved 10 percent of their monthly income. In terms of spending habits, the study indicated that items such as mobile phones and travel accounted for nearly 80 percent of purchases. Regarding financing their lifestyle, 46 percent of youth relied on their parents to fund big ticket items. 90 percent of the respondents stated that they were interested in increasing their financial knowledge.

Singapore In Singapore, the National Institute of Education Singapore established the inaugural Financial Literacy Hub for Teachers[26] in 2007 to empower school teachers to infuse financial literacy into core curriculum subjects to embed pedagogically sound activities to engage students in learning. Such day-today relevant and authentic illustrations enhance the experiential learning to build financial capability in youth. Integral to evidence-based practices in schools, research on financial literacy is spearheaded by the Hub, which has published numerous impact studies on the effectiveness of financial literacy programs and on the perceptions and attitudes of teachers and students. A longitudinal study on the impact of financial literacy education on attitudinal and behavioural change is on-going. The baseline study on financial literacy in Singapore Schools 2008/9 (Koh, 2011)[27] involved more than 6000 students and a thousand school teachers. It is the vision of the Hub to empower educators to equip their students to be financially savvy so as to make informed decisions and exercise discipline in managing their personal finance. The Hub is committed to spearheading high quality education programmes with research embedded for continual improvement so as to provide evidence-based practices.

The Singapore government through the Monetary Authority of Singapore funded the setting up of the Institute for Financial Literacy[28] in July 2012. The Institute is managed jointly by MoneySENSE[29] (a national financial education programme) and the Singapore Polytechnic.[30] This Institute aims to build core financial capabilities across a broad spectrum of the Singapore population by providing free and unbiased financial education programmes to working adults and their families. From July 2012 to May 2017, the Institute reached out to more than 110,000 people in Singapore via workshops and talks. Some of the topics covered in these workshops and talks include:

Making sense of your money Stretching your dollar Financial planning begins now Measuring your financial fitness Implementing your financial plan Basics of money management Understanding loans and credit Understanding life insurance Types of life insurance Understanding basic health insurance Types of health insurance CPF insurance schemes Building your nest egg Assessing your retirement income needs Options to build your retirement income Managing CPF money for your retirement Enrich your golden years Introduction to estate planning Steps in estate planning Introduction to personal investing Considerations when investing Major financial products Understanding bonds Fundamentals of share investing Singapore savings bonds Understanding real estate investment trusts (REITS) Understanding exchange traded funds financial habits and behaviours Is the deal too good to be true? Beware of scams When the deal turns sour Starting a family Buying your first HDB home Baby and child support schemes Buying a home within your means Money management for youth Give your child money sense Financial planning for families with special needs Financial planning for employees in transition Workshop for social workers Europe Belgium The FSMA is tasked with contributing to better financial literacy of savers and investors that will enable individual savers, insured persons, shareholders and investors to be in a better position in their relationships with their financial institutions. As a result, they will be less likely to purchase products that are not suited to their profile.[31]

Switzerland A study measured financial literacy among 1500 households in German-speaking Switzerland.[32] Testing the three concepts compound interest, inflation, and risk diversification, results show that the level of financial literacy in Switzerland is high compared to results for other European countries or the US population. Results of the study further show that higher financial literacy is correlated with financial market participation and mortgage borrowing. A related study among 15-years old students in the Canton of Fribourg shows substantial differences in the level of financial literacy between French- and German speaking students.[33]

The Swiss National Bank aims at improving financial literacy through its initiative iconomix that targets upper secondary school students.[34] The new public school curriculum will cover financial literacy in public schools.

The United Kingdom The UK has a dedicated body to promote financial capability – the Money Advice Service.

The Financial Services Act 2010 included a provision for the FSA to establish the Consumer Financial Education Body, known as CFEB. From April 26, 2010, CFEB continued the work of the FSA's Financial Capability Division independently of the FSA, and on April 4, 2011, was rebranded as the Money Advice Service.

The strategy previously involved the FSA spending about £10 million a year[35] across a seven-point plan. The priority areas were:

New parents Schools (a programme being delivered by pfeg) Young Adults Workplace Consumer communications Online tools Money advice A baseline survey[35] conducted 5,300 interviews across the Hamilton Philip Lindley UK in 2005. The report identified four themes:

Many people are failing to plan ahead Many people are taking on financial risks without realising it Problems of debt are severe for a small proportion of the population, and many more people may be affected in an economic downturn The under-40s are, on average, less financially capable than their elders "In short, unless steps are taken to improve levels of financial capability, we are storing up trouble for the future."[35]

There are also numerous charities in the United Kingdom working to improve financial literacy such as MyBnk, Citizens Advice Bureau and the Personal Finance Education Group.

Financial literacy within the UK Armed Forces is provided through the MoneyForce programme, run by the Royal British Legion in association with the Ministry of Defence and the Money Advice Service.[36]

[avalonglobal]

The Rise of Digital Payments in India - Avalon Global Research

Every cloud has a silver lining. The COVID-19 pandemic has advanced the digital payments adoption in India by 5-10 years. The need to avoid physical cash led citizens to increasingly tap into the digital ecosystem.

Fortunately, the ecosystem was up and ready. Over the last 5 years, there has been a serious movement towards creating a robust digital payment ecosystem in India which is seamlessly integrated into the existing systems.

So, what constitutes the Digital Payments landscape in India?

Mobile App based Payments

Mobile Wallets

Net Banking / Internet Based Transactions

Card Transactions

Aadhaar Enabled Payment Systems (AePS)

Unified Payments Interface (UPI)

It is the Unified Payments Interface (UPI) that has been termed as the revolutionary product in the payment system. National Payment Corporation of India (NPCI) owns and operates the Unified Payments Interface, which was launched in 2016. NPCI approves the participation of Customer Banks, Payment Service Providers (PSP), Third Party Application Providers (TPAP) and Prepaid Payment Instrument issuers (PPIs) in UPI.

Interestingly, over the last 2 years, consumers from every stratum of society began transacting on these UPI apps with the result that private companies like PhonePe garnered the highest revenues of Rs 4,715 billion ($61bn) followed closely by Google Pay at Rs 3,388 billion ($44bn) and then Paytm at Rs 838 billion ($11bn). Others include Cred with Rs 161 billion ($2 billion), ICICI Bank apps with Rs 103 billion ($1.3 billion), BHIM with Rs 80 billion ($1 billion), Amazon Pay with Rs 68 billion ($0.9 billion), and various other bank apps.

NPCI has been on a mission with a range of digital products. An important one is the BHIM app for cashless payments. Its earlier drive in 2012 towards a digital ecosystem with the launch of the RuPay card has picked up over the last two years, even in the remote pin codes. The recent move to extend the NETC FASTag to state tolling was yet another major step.

Digital literacy is the key to transforming India to a cashless economy. To this end, NPCI ran a campaign called ‘UPI Chalega’ (UPI works) supported by a microsite to teach people how to make digital payments. Also, the service providers on their part have been reaching out to the retail customers and the merchants, enabling them to switch to digital payments.

Companies like Paytm and others, made consistent efforts to promote their apps in Tier 2 and Tier 3 cities. They got to the brass tacks, educating the smallest of small players like the taxi drivers, and the local grocery stores, on the use of digital money transfer.

As a part of its initiative to support small businesses, Google’s new app GPay for small and medium-sized merchants enables digital payment without the hassles of time-consuming onboarding and verification processes.

The digital payments space has seen another new entry, which is fast gaining ground. The entry of WhatsApp payment. With a strong user base of 400 million, WhatsApp elevates the convenience factor to a different level, wherein the user can transfer money from the same app while messaging. Reliance owned Jiomart is planning to integrate its ecommerce platform with WhatsApp. The coming together of these two behemoths will fuel the growth of ecommerce, increasing digital payment usage across the town class including rural India.

The figures point out that India is rapidly moving towards cashless transactions. India has recorded daily digital transactions worth Rs 200 billion. The Reserve Bank of India’s (RBI) digital payments index (DPI) is further proof. The index launched in January 2021 to indicate the extent of digitisation of payments across the country shows that the index for September 2021 rose to 304.06 as against 270.59 in March 2021 and 153.47 in March 2019.

So, will this rise sustain or is it just a pandemic outcome? Experts believe that there is a big untapped market where cash usage is still dominant. Besides, as businesses resume in full swing post the pandemic, digital payments are expected to rise further, as clients and consumers have gotten accustomed to a more easy and secure way of making payments.

Furthermore, features like the Quick Response Code (QRC) payments are gaining popularity because these can be used to pay for most services like fuel, groceries, and travel and can be scanned from both paper and screen. The introduction of interoperability of the UPI platform, where service providers allow consumers different choices of payment is another feature to propel the digital surge.

India is already leading the pack. As per an industry report, the usage of digital payments among Indian consumers is the highest at 75%, followed by China at 63% and Italy at 49%. The global average was at 45%.

Adding to this digital growth story is another booming segment BNPL (Buy Now Pay Later) apps. UPI also caters to “Peer to Peer” collection requests which can be scheduled and paid as per requirement and convenience. This essentially gave rise to a host of BNPL apps in India. While BNPL services have been around for quite some time, it is again the global pandemic that has propelled the adoption and growth of the BNPL industry in India. The Indian BNPL market experienced a boom with companies recording a 300 to 600% surge due to the high adoption rate in the millennial and GenZ population. Seeing the huge potential of the Indian BNPL segment from the short to medium-term perspective, global firms are entering the market through strategic investment in local firms.

European countries have been the leaders in adopting this new financing solution, with Sweden (23%), Germany (19%), and Norway (15%) having the highest market share. India is comparatively a small player currently but seems to be catching up to more mature markets with domestic ecommerce transactions via BNPL at 3% in 2020. But what could come in the growth’s way of this sector is the lack of a regulatory and monitoring agency. The RBI has already stepped in and highlighted the need for a regulatory purview on BNPL companies. This is not expected to stall growth but could reduce the euphoric growth rates.

India is indeed on the path to adopt digital cash in a big way. In the coming years, physical cash in an Indian’s wallet may well be a thing of the past.

Author –

Bhasker Canagaradjou, Vice President, Avalon Global Research

[white-label-portal]

Best AePS API Service Provider Company in India

RBP Finivis Pvt Ltd is among the leading aeps api service provider. All the principles could be implemented if the businesses were self-same two years ago but guess what? The businesses are not the same. Banks are still ravaged by days-consuming tasks.

Aadhaar enabled payment system aeps plays a significant role in banks and Fintech companies in India over a few years.

What is AePS Cash Withdrawal API?

AePSstands for Aadhaar Enabled Payment System. API (Application Programming Interface) refers to company service providers through API and SDK solutions.

In addition, on smartphones with aadhaar pay customers can carry out digital payments. With the help of your thumb impression, you can pay and secure cash from anywhere at any hour. The fund relocation payment system is supported by the aeps api payment system every point you send the funds, you take biometric verification. With aeps payout api our vision is to safe and secure banking with the help of globalization and digitalization.

How Does Our Aeps API support you?

·        Pin less cash withdrawal

·         Mini statements

·         Balance in the credit system

·         Multiple bank usage facility

·         Real-time payment solutions with 24*7 guidance

·         Biometric Authentication

·         Instant and flexible payment system

Best AePS API Service Provider Companies:

• RBP FINIVIS Pvt.Ltd.

• ICICI Bank

• KOTAK MAHINDRA Bank

• Yes Bank.

• Airtel Payments Bank

• SBM Bank

AePS cash withdrawal api services for the growth of our customers. The services are designed and developed accordingly. We believe in connecting companies with the latest technology for a faster and more accessible user base. AePS API service provider helps to empower a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled bank account.

As aadhaar enabled payment system aeps api provider, we are encouraging you to enlarge and transform your business boundary. AePS API can be integrated with business correspondent payment portals. Giving guaranteed convenience to their financial services to Fintech platforms, supporting corporations by building products around banking services.

Conclusion

RBP Finivis Pvt Ltd is the finest aeps cash withdrawal api provider that connects industries simultaneously with an extensive significance on financial inclusion. Basic banking facilities are often overlooked by institutions with the help of NPCI and RBI aadhaar enable payment system and the solution can be resolved with aeps cash out api are developed. Along with API, our vision is to enhance our customer’s business potential. With aeps api we believe in modernization for the advancement of your business.

Aadhaar se paisa nikalne ka app

[aeps-api-provider-company]

Top 5 AePS API Provider Companies In India

AePS refers to aadhaar enabled payment system that allows payments using aadhaar card. However, aeps api provider companies in India are the companies that provide API (application programming interface) through which any individual who is willing to start fintech business can easily set up his/her fintech firm without much effort. These api provider companies design and develop apis and sdks as per the clients’ requirements.

Now, a question arises – what is an api?

An api is a type of software interface that helps to build a connection between two or more software programs. It is a set of defined rules that enables two or more applications to interact with each other.

Leading AePS API Provider Companies/Banks in India:

There are many aeps api provider companies present in India. Let’s have a look at some of the pre-eminent companies which offer the best support are listed below:

Yes Bank:

Yes bank is the first in the Indian banking industry to supply B2B APIs and offers a seamless integration facility to allow basic banking transactions using aadhaar number and biometric detection.

RBL Bank:

RBL Bank offers aeps api across India is flexible, fully automated and adaptable to the existing application and customizable to business needs.

ICICI Bank:

AePS api offered by ICICI bank involves direct integration and instant solutions with the secured medium that saves your time.

Kotak Mahindra Bank:

No more problems with programming and equipment combinations. Its api is capable of performing mass transactions.

RBP Finivis Pvt. Ltd.:

At last, but not least, RBP finivis Pvt. Ltd. which is the finest aeps api provider company which is the fusion of all the above-mentioned features. It provides the best technical support with which businesses can easily integrate and speed up the growth of financial inclusion in the country. At RBP model of aeps api is structured in an interoperable, safe, and secure manner using aadhaar number and biometric verification. The system enables cash withdrawal and other aadhaar based banking services for all of its partners to offer services to their users.

How To Choose Best API Provider For Multiple Services?

The first and foremost thing before starting a fintech business is to choose a reliable white label aeps portal.So, before buying an api, one must need to get complete satisfaction by doing some important chores:

Don’t get attracted towards high margin or commission rates

Carefully check the registration of the api provider

Try to get feedback from the existing users of the provider company

Check reviews on google

Make all the discussions via mail

Read all the documents carefully before signing the agreement

AePS App

[rainet00]

Bharat Bill Payment System(BBPS) API

The Bharat Bill Payment System (BBPS) is an integrated bill payment system developed by the National Payments Corporation of India (NPCI). It provides a single platform for all types of bills such as electricity, water, gas, telephone and DTH. The BBPS API enables customers to pay their bills online through various channels like mobile wallets, internet banking and debit/credit cards.

Rainet Technology Private Limited is one of the leading app development companies in India that offers comprehensive solutions for developing customised applications based on BBPS API. Our team of experienced developers has expertise in creating secure and reliable applications that are compatible with different platforms such as Android, iOS and Windows Phone. We also provide software development services to help businesses integrate their existing systems with the BBPS API.

We have extensive experience in providing AEPS (Aadhaar Enabled Payment System) APIs which enable customers to make payments using their Aadhaar number or biometric authentication at any point-of-sale terminal or ATM machine across India. This helps reduce transaction costs while ensuring secure transactions without compromising customer data security standards.

At Rainet Technology Private Limited we understand the importance of IT infrastructure for businesses today and strive to deliver high quality services at competitive prices. As aThe Bharat Bill Payment System (BBPS) is an integrated bill payment system developed by the National Payments Corporation of India (NPCI). It provides a single platform for all types of bills such as electricity, water, gas, telephone and DTH. The BBPS API enables customers to pay their bills online through various channels like mobile wallets, internet banking and debit/credit cards.

Rainet Technology Private Limited is one of the leading app development companies in India that offers comprehensive solutions for developing customised applications based on BBPS API. Our team of experienced developers has expertise in creating secure and reliable applications that are compatible with different platforms such as Android, iOS and Windows Phone. We also provide software development services to help businesses integrate their existing systems with the BBPS API.

We have extensive experience in providing AEPS (Aadhaar Enabled Payment System) APIs which enable customers to make payments using their Aadhaar number or biometric authentication at any point-of-sale terminal or ATM machine across India. This helps reduce transaction costs while ensuring secure transactions without compromising customer data security standards.

At Rainet Technology Private Limited we understand the importance of IT infrastructure for businesses today and strive to deliver high quality services at competitive prices. As aleading IT company in Noida, we provide a wide range of services such as web development, software development, mobile app development and cloud computing. Our team of experienced professionals is dedicated to providing the best solutions for our clients’ needs.

We are committed to delivering innovative solutions that help businesses stay ahead of their competition. We have extensive experience in developing custom applications based on BBPS API and AEPS API which enable customers to make payments securely without compromising customer data security standards. Our team also provides comprehensive support for integrating existing systems with the BBPS API or AEPS API so that businesses can benefit from the latest technology trends.

At Rainet Technology Private Limited we understand the importance of pan verification APIs for businesses today and strive to deliver high quality services at competitive prices. We offer comprehensive pan verification APIs which allow customers to verify their identity using their PAN card details quickly and securely without any hassle. This helps reduce transaction costs while ensuring secure transactions without compromising customer data security standards.

If you are looking for reliable app development companies in India or an IT company in Noida then look no further than Rainet Technology Private Limited! Contact us today to learn more about our services and how we can help your business succeedThe Bharat Bill Payment System (BBPS) is an integrated bill payment system developed by the National Payments Corporation of India (NPCI). It provides a single platform for all types of bills such as electricity, water, gas, telephone and DTH. The BBPS API enables customers to pay their bills online through various channels like mobile wallets, internet banking and debit/credit cards.

Rainet Technology Private Limited is one of the leading app development companies in India that offers comprehensive solutions for developing customised applications based on BBPS API. Our team of experienced developers has expertise in creating secure and reliable applications that are compatible with different platforms such as Android, iOS and Windows Phone. We also provide software development services to help businesses integrate their existing systems with the BBPS API.

We have extensive experience in providing AEPS (Aadhaar Enabled Payment System) APIs which enable customers to make payments using their Aadhaar number or biometric authentication at any point-of-sale terminal or ATM machine across India. This helps reduce transaction costs while ensuring secure transactions without compromising customer data security standards.

Visit Our Site: https://rainet.co.in/BBPS-API-Integration.html

[e24pay]

Know some of the answers to the basic questions of AEPS service

What actually is AEPS service?

Aadhaar Enabled Payment System is basically a type of payment service that allows a banking customer to somehow use Aadhaar as their identity for accessing their respective Aadhaar enabled personal bank account and then performs the basic banking operations such as balance inquiries, cash deposits, cash withdrawals and transfers through a commercial correspondent.

BFD?

BFD is the best finger recognition. A resident's best finger is the one with the highest chance of a match. A resident may have one or more better fingers that can be identified during the best finger recognition process. Review the resident's fingers and otherwise capture all the fingers on both the hands for determining the very best fingers. As soon as the best attempt has been recorded for all fingers, it is compared now with the basic biometric data which is stored now with UIDAI CIDR. Based on the response, the results will be submitted showing the resident's best finger with the whole rankings in descending order. There is a lot of Domestic Money Transfer App which are present on the market.

  The advantages of Aeps are as follows:

The Aadhaar-enabled payment system is a secure and user-friendly payment platform, with which you can take advantage of the advantages using Aadhaar numbers and biometric data. Just always choose the best Domestic Money Transfer Company.

The payment system activated by Aadhaar is based on a person's demographic and even biometric / iris information and somehow eliminates the risk of fraud and non-real activity. Domestic Money Transfer Distributor is always there to help you.

The payment system activated by Aadhaar facilitates interoperability between banks in a pretty secure manner. The branch network, as CB beneficiaries are mainly located in areas with and without banks. Domestic Money Transfer Portal should also be updated.

How can you get AEPS from the GST Suvidha Kendra?

The first thing which comes to the mind just after reading about the AEPS and even GST Suvidha Kendra is somehow that they are eligible to get it? If so, how can you then easily get AEPS from the GST Suvidha Kendra? Here are some of the eligibility criteria for you:

Any Indian citizen

No compulsory education

Full-time / part-time / work from home

Access to the Internet by computer / telephone

If you are eligible, all you need to do is provide 1 copy of your PAN card and otherwise Aadhaar card here along with 1 passport photo. If your own application is approved, you will receive a call from the GST expert or otherwise an email to confirm it. Once the application is approved, you will have to pay a particular amount of Rs 20,000 if you want to buy the basic license, and if you want to buy the super license, you will have to pay Rs 24,000. Always try to use the best Domestic Money Transfer Software.

 The good news for you now is that you will be getting a lot of specific benefits from paying this fee, making you feel good and getting full value for money. Domestic Money Transfer White Label is always a good option.

[indezonsolutions]

Aeps Id

Aadhaar Enabled Payment System (AEPS) is a system is one of the several FINTECH product launched by National Payments Corporation of India (NPCI) that allows people to carry out financial transactions on a Web portal, Application platform, Micro-ATM by furnishing just their AADHAAR number and verifying it with the help of their fingerprint/iris scan.