Aadhaar Payment Bridge system implemented by NPCI is used by the government departments and agencies for electronic transfer of benefits and subsidiaries under Direct Benefit Transfer (DBT) scheme launched by GoI.
FinAPBS is a solution which enables banks to offer this facility to their customers. The solution helps in the following two processes:
Aadhaar Seeding Process
Customer can give Aadhaar Seeding Request in any branch of the bank which gets linked to his specified account number in bank’s core banking system. The solution fetches Aadhaar numbers seeded in CBSand prepares Mapper File that can be uploaded into NPCI Mapper.
FinAPBS supports the requirements of Direct member, Sub-member and Sponsor bank in the below APBS process.