Average daily transactions via AePS double to 113 lakh
The average daily transactions through the Aadhaar Enabled Payment System (AePS) doubled to 11.3 million, the finance ministry said.
Aimed at promoting financial inclusion and providing digital payment services in rural and remote areas, such transactions totalled 430 million, amounting to Rs 16,101 crore, during the lockdown
As per the update, Rs 32,300 crore has been transferred to 340 million beneficiary accounts under the Pradhan Mantri Garib Kalyan Package announced by finance minister on March 26.
More than 80 million women beneficiaries withdrew money from their Jan Dhan accounts, the ministry said while appreciating the work of banking correspondents in enabling these transactions.
The relief package involved cash and grain transfers amounting to Rs 1.7 lakh crore over three months starting from April, with direct benefit transfer to more than 200 million Jan Dhan accounts belonging to women.