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Third-party cash deposits mean one person can pay cash into another person's bank account through Aadhaar authentication, at a banking correspondent's counter rather than a branch.
NPCI
Driving greater inclusion and accessibility in digital payments.
At #GFF2026, Hon’ble Secretary, Department of Financial Services (DFS), Shri Sanjay Lohiya, launched third-party cash deposits through AePS, enabling customers to deposit cash into another person’s bank account through the Aadhaar Enabled Payment System.
A significant step towards building a more accessible and inclusive digital financial ecosystem.
@dilipasbe | Sohini Rajola | Nitin Mishra | Kunal Kalawatia | Viral Maru | Ajay Pal
#GFF2026 #GlobalFintechFest2026 #NPCI #NPCIAlwaysForward #AePS #ThirdPartyDeposit
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