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Difference between ATM and micro ATM

What is the difference between ATM and micro-ATM?

ATM (Automated Teller Machine) and Micro-ATM are both financial service terminals, but they serve different purposes and have distinct characteristics. Here are the key differences between ATM and Micro-ATM: Purpose and Functionality: Location: Ownership and Operation: Connectivity: In summary, while both ATMs and Micro-ATMs provide access to banking services, their scope, functionality, and target locations …

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Domestic Money Transfer (DMT)

Simplified Domestic Money Transfers: Your Guide to Hassle-Free Transactions

In today’s fast-paced world, the need for quick and secure domestic money transfers has become a part of our daily lives. Whether you’re sending money to family members in a different city or paying bills remotely, the convenience of hassle-free transactions cannot be overstated. In this blog, we’ll explore the world of domestic money transfers, …

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Rise of FinTech

The Rise of FinTech: Transforming Banking through AEPS (Aadhaar Enabled Payment System)

In recent years, the world of banking and financial services has witnessed a dramatic transformation, largely driven by technological innovation. One standout technology that has been at the forefront of this revolution is the Aadhaar Enabled Payment System (AEPS). In this blog, we’ll delve into how FinTech is shaping the AEPS banking landscape and ushering …

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Understanding AEPS - HalliPay

Understanding AEPS: A Game-Changer for Small Business Owners

In the ever-evolving landscape of financial technology, the Aadhaar Enabled Payment System (AEPS) has emerged as a game-changer for small business owners in India. This innovative digital payment system has created an opportunity to offer their customers a convenient, secure, and cost-effective solutions for financial transactions. In this blog, we’ll explore the concept of AEPS …

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Aadhaar enabled payment system (AEPS) - Full Guide

Aadhaar Enabled Payment System (AEPS) – Full Guide

Aadhaar Enabled Payment System (AEPS) is a type of payment system that enables users to access basic banking services through their Aadhaar number and biometric authentication. With AEPS, individuals can carry out financial transactions such as cash deposit, cash withdrawal, balance inquiry, and inter-bank transactions using a micro ATM. How was AEPS started? Aadhaar Enabled …

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Security features of AEPS

The security features of AEPS and how your transactions are protected:

On this Data Protection Day, we showcase how we secure our customers details. AEPS, Aadhaar Enabled Payment System, uses the unique 12-digit Aadhaar number assigned to Indian citizens, as a form of identification for financial transactions. It also uses various security features to protect transactions, including: To protect your transactions, HalliPay ensure that the AEPS-enabled …

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