Banks have started disabling AePS

[Copycat]

Based on new guidelines, banks have started disabling AePS. I have already received notifications from 2 banks:
1) Bank of India
2) Central Bank of India

Some more banks have sent notifications to other users
From @praful47
3) Bank of Baroda (https://www.technofino.in/community/threads/banks-have-started-disabling-aeps.25062/post-593036)

I'm waiting for the others to follow suit.

They have also provided a means to enable it, should you so desire (I do not recommend that you do so)

 

[kochiro]

its not safe

 

[techt]

Whats an AePS?

 

[Copycat]

its not safe

Agreed. Which is why I'm happy that banks have started disabling it
Meanwhile, make sure your biometrics are locked (till all banks disable AePS)

 

[Copycat]

Whats an AePS?

Aadhaar Enabled Payment service

Click this link to see why it should be disabled

AePS frauds - Google Search

 

[praful47]

I have also received from bob

 

[praful47]

Agreed. Which is why I'm happy that banks have started disabling it
Meanwhile, make sure your biometrics are locked (till all banks disable AePS)

Disabling aadhar biometric can be a problem as sometimes uidai servers are slow , and when you need to access your fingerprint uidai servers might not respond and one can face problem.

 

[Copycat]

Disabling aadhar biometric can be a problem as sometimes uidai servers are slow , and when you need to access your fingerprint uidai servers might not respond and one can face problem.

That's true. But at the moment that's the only way not to fall victim to AePS frauds

 

[varun__goel_]

Hope all banks add the toggle to swithch on/off AePS in nb/mb

 

[SSV]

Whats an AePS?

Aadhar enabled payment system, where your fingerprints are enough to transfer money into my account!!
All I need is somehow get your fingerprints then all your money is mine !!

Do you want to enable AePS or not ??
Btw , until now by default all accounts are AePS enabled

 

[techt]

Aadhar enabled payment system, where your fingerprints are enough to transfer money into my account!!
All I need is somehow get your fingerprints then all your money is mine !!

This is the exact reason I use gloves, spoon 🥄 to eat at ssv Tiffin center

 

[SSV]

This is the exact reason I use gloves, spoon 🥄 to eat in ssv Tiffin center

This is the exact reason why I went to sub registrar office where you registered your property and had a chat with some helpful blokes in the office

 

[Vasuki]

Aadhar enabled payment system, where your fingerprints are enough to transfer money into my account!!
All I need is somehow get your fingerprints then all your money is mine !!

Do you want to enable AePS or not ??
Btw , until now by default all accounts are AePS enabled

In villages it the way to get money out of account

 

[techt]

This is the exact reason I went to sub registrar where you registered your property and had a chat with some helpful blokes in the office

 

[doraemon]

That's actually a good system for rural and poor people to get their money by simply using their biometric
But the thing is they have not put any safeguards

Regarding fingerprint I think everywhere they took our fingerprint
I yesterday ported my number from bsnl to Airtel thier umbrella man took my fingerprint
On ration card shops they also take fingerprints
And many other places

It's same like credit card swap
Which got famous in early plastic money era

 

[ritwik2000]

NPCI did a good thing by issuing a circular instructing the banks provide a option to disable the AEPS facility last year. I hope RBI and NPCI does something for the UPI Chain freeze issue. So many reports I see everyday on Twitter. There are people who use their main account to do UPI transactions.

 

[doraemon]

NPCI did a good thing by issuing a circular instructing the banks the option to disable the AEPS facility last year. I hope RBI and NPCI does something for the UPI Chain freeze issue. So many reports I see everyday on Twitter. There are people who use their main account to do UPI transactions.

Yeah that's true
Saw many threads here and on desidime last year about sudden freezes

Its so scary if u just have one savings account with all your money

 

[ritwik2000]

Yeah that's true
Saw many threads here and on desidime last year about sudden freezes

Its so scary if u just have one savings account with all your money

sochne se hi daar lg raha he.

 

[ritwik2000]

Aur Hamare yaha ka police to already hi bahut imandar he

 

[doraemon]

Jyadatar bibhag especially bijli vibhagchor h
Ksii bhi sarkari kaam ko jao pehle chakkar katwate fir bribe maangte