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Aadhaar Payments Bridge System (APBS):

Financial inclusion is expected to be a key application of Aadhaar authentication. Adoption


of Aadhaar and Aadhaar authentication in Indian banking system is expected to change the
financial landscape of country.
It is a system that facilitates seamless transfer of all welfare scheme payments to beneficiary
residents Aadhaar Enabled Bank Account.
Process:
Service delivery agency that needs to make payments to its beneficiaries (such as
scholarships disbursement) provides APB File containing details of Aadhaar number,
welfare scheme reference number and the amount to be paid to its bank (called
sponsor bank).
Sponsor bank adds bank IIN (Institute Identification Number) to participant banks to
the APB file and uploads onto NPCI (National Payments Corporation of India) server.
NPCI processes uploaded files, prepares beneficiary bank files and generates
settlement file.
Settlement file is posted to bank accounts with RBI.
Destination banks can download the incoming files for credit processing after the
settlement file has been processed.



is a payment gateway platform created by National Payments Corporation of India. It is used for Aadhaar schemes. It was
used for the first time when Direct Benefit Transfer was launched by Government of India.
Schemes including social security pensions, payments under the employment guarantee scheme, public distribution system,
and stipend to the children returned to schools from work, Janani Suraksha Yojana, and scholarships will be covered under the
Aadhaar Enabled Payment System. Micro ATM cards have been provided to beneficiaries under various schemes and the use
of the card has been demonstrated to them. Almost seventy-five per cent of the beneficiaries have been provided with the ATM
cards for direct cash transfer into their bank accounts. Both public and private sector banks have been drawn to provide micro
ATM services.
The Union Minister for Rural Development, Jairam Ramesh along with the Chief Minister of Andhra Pradesh, N. Kirankumar
Reddy formally launched the Direct Benefit Transfer scheme on pilot basis from Gollaprolu village in East Godavari district of
Andhra Pradesh on January 6 2013.
Aadhaar Enabled Payments
Introduction
Financial inclusion is expected to be a key application of Aadhaar authentication. Adoption of Aadhaar and
Aadhaar authentication in Indian banking system is expected to change the financial landscape of country.
To enable same, UIDAI has partnered with various stakeholders including RBI, NPCI, IBA and banks to develop
two key platforms:
Aadhaar Payments Bridge (APB) A system that facilitates seamless transfer of all welfare
scheme payments to beneficiary residents Aadhaar Enabled Bank Account (AEBA)
Aadhaar Enabled Payment System (AEPS) A system that leverages Aadhaar online
authentication and enables AEBAs to be operated in anytime-anywhere banking mode by the
marginalized and financially excluded segments of society through microATMs
Aadhaar Payments Bridge
APB is a repository of Aadhaar number of residents and their primary bank account number used for receiving all
social security and entitlement payments from various government agencies.
APB requires using Aadhaar number as the primary key for all entitlement payments. This would weed out all
fakes and ghosts from the system and ensure that the benefits reach the intended beneficiaries.
This benefit has an even greater ramification as more and more social security programs are moving from in-kind
to in-cash subsidies.
APB Process Steps
The key steps in posting payments via APB are:
Service delivery agency that needs to make payments to its beneficiaries (such as
MGNREGA wages, scholarships disbursement, old age pension etc.) provides APB File
containing details of Aadhaar number, welfare scheme reference number and the amount to
be paid to its bank (called sponsor bank).
Sponsor bank adds bank IIN (Institute Identification Number provided by NPCI to participant
banks) to the APB file and uploads onto NPCI server.
NPCI processes uploaded files, prepares beneficiary bank files and generates settlement file
Settlement file is posted to bank accounts with RBI
Destination banks can download the incoming files for credit processing after the settlement
file has been processed.

Aadhaar Enabled Payment System
The Report of the Committee on Financial Inclusion chaired by Dr. C. Rangarajan, made two important
observations:
Technology has to enable the banks to go where the customer is present, instead of the other
way around.
Technology should allow interoperability among different systems adopted by different banks.
The Aadhaar Payment System is intended to address both the above issues.
AEPS empowers the marginalised and excluded segments to conduct financial transactions (Credit, Debit,
Remittances, Balance Enquiry, etc) through microATMs deployed by Banks in their villages.
AEPS Process Steps
The key steps in doing transactions via AEPS are:
Resident provides his/her Aadhaar number, details of financial transaction sought and
fingerprint impression at the microATM device.
Digitally signed and encrypted data packets are transferred via Bank Switch to NPCI to
UIDAI.
UIDAI processes the authentication request and communicates the outcome in form of
Yes/No.
If the authentication response is Yes, bank carries out the required authorization process and
advises microATM on suitable next steps.
Benefits to Various Stakeholders
Residents
Obviates need for multiple bank accounts for different schemes
Faster channel for receiving all welfare payments without any middle-men
Access to microATM in villages saves bank trips, thus reducing opportunity and access costs
Will help in more usage of formal banking system for managing savings and borrowing
Online and interoperable architecture of AEPS ensures anytime-anywhere access of bank
accounts which can be a boon especially for the migrant population estimated to be 100
million
Empowerment of individuals especially women
Government Departments
Use of Aadhaar as primary key eliminates ghost beneficiaries and leads to better targeting
Sub-serves goal of furthering Financial Inclusion by processing government disbursements
through Aadhaar number
Reduces time and cost in payment processing
Provide electronic audit trail and end-to-end visibility for all payments
Banks
Reduces the credit and operational risks in the branchless banking model
Enables Banks to rely on BCs to reach the unbanked population, eliminating the need for a
physical bank branch or ATMs in remote areas
Will provide an impetus to electronic payments and thus reduce cash management costs
Different financial products through microATMs can be an additional source of revenue for
banks and for the BC model
RBI
Sub-serves goal of furthering Financial Inclusion by processing government disbursements
through Aadhaar number
Promotes electronification of retail payments through a secure mechanism
Prerequisites for APB & AEPS
Aadhaar welfare scheme number mapping
Aadhaar number seeding in computerized databases if any
Opening of AEBA


Deposit in your own account using your debit card:
Insert debit card and enter PIN for validation.
Select account type (Saving or Current).
Place the money in the cash deposit slot and click Continue.
Machine will sort the cash and will show denomination-wise amount to be deposited.
If correct, click Deposit.
Amount will be deposited.
Receipt will be generated.

Cash Deposit Machine (CDM) is self-service terminal that enables you to
deposit cash without any manual intervention of the branch officer.
Now no need to fill deposit slips and stand in long queues at the cash counter.
Deposit your cash through the simple and fast CDM installed in the branch
and get instant credit in your account. To use the CDM, you need to have Axis
Bank Debit Card or know the Axis Bank's 15 digit account number in which
you wish to deposit the money.

Now deposit even on Sunday and get instant credit!
Currently, in ten branches, these machines are available 24X7, 365 days
which means you can deposit cash any time of the day, even on Sundays and
holidays and get instant credit in your account.


Deposit in your own account using your debit card:
o Insert debit card and enter PIN for validation
o Select account type (Saving, Current/ OD)
o Place the money in the cash deposit slot and click Continue
o Machine will sort the cash and will show denomination-wise amount to be deposited
o If correct, click Deposit
o Amount will be deposited and will be instantly credited to the account
o Receipt will be generated
Deposit in any account by entering Kotak Banks account number:
o Click the button Cardless on the first screen
o Enter account number in which you wish to deposit cash. Re-enter the account number
o Machine will display the name of the account holder
o If correct, click Enter
o Place the money in the cash deposit slot and click Continue
o Machine will sort the cash and will show the summary
o If correct, click Deposit
o Amount will be deposited
o Receipt will be generated

A maximum of Rs. 49,950/- can be deposited at CDM at a time. Also, maximum 200 notes can be deposited at a time.