On this page, We are going to learn about the full form of APBS and the meaning of APBS, As well as the meaning, definition, and acronym for APBS in different categories. So you should read this post till the end.
The Full Form of APBS: Aadhaar Payment Bridge System
APBS stands for Aadhaar Payment Bridge System. APBS is an online platform that allows government agencies to make direct benefit transfers (DBT) to Aadhaar-linked bank accounts. The system enables agencies to disburse benefits such as pensions, scholarships, and subsidies using the unique 12-digit Aadhaar number.
Inter-operable Online Real Time Gross Settlement (RTGS) system developed by the National Payments Corporation of India (NPCI) for making payments through the Aadhaar platform.
The APBS facilitates financial inclusion by providing last-mile connectivity to Aadhaar-enabled bank accounts and allowing for real-time settlements of transactions.
Benefit of APBS
The APBS is an important part of the government’s push to digitize all benefit payments. By using the APBS, agencies can make DBT payments quickly and easily, without having to rely on paper-based processes.
The system is also designed to be scalable so that it can handle a large number of transactions. The APBS is a key part of the government’s strategy to modernize India’s payments infrastructure.
The Aadhaar Payment Bridge System (APBS) is a secure and efficient way to make DBT payments, and it is also scalable and easy to use.
There are some of the most commonly used acronyms, abbreviations, full forms, and the APBS meaning are listed in different categories below the table.
|APBS||Aadhaar Payments Bridge System|
|APBS||Accounting Plus Business Services|
|APBS||Accounting Principles Board Statements|
|APBS||Adjustable Plastic Bayonet Sensor|
|APBS||Appointment Payroll And Benefits System|
|APBS||Automated Parcel Bundle System|
|APBS||Automated PEMA Budget System|
|APBS||Automated Property Book System|
APBS meaning and FAQs
What is the full form of APBS in banking?
The Full Form of APBS is “Aadhaar Payment Bridge System ” in the context of banking. the Definition of APBS and all possible meanings are given above, You might also like some similar terms related to APBS.
What is the meaning of APBS in payment?
The meaning of APBS is “Aadhaar Payment Bridge System ” in payment. Check out all the meanings of APBS one by one, You might be searching for another term that is similar to APBS. since there may be more than one meaning of APBS.
What does APBS stand for in accounting?
APBS stands for “Accounting Plus Business Services” in accounting terms. APBS is also related to some other terms that you might like to know more about. so check out all meanings of APBS in the Above post section.
What does APBS mean in Computing and hardware?
APBS means “Adjustable Plastic Bayonet Sensor ” In the terms of Computing and hardware. Earlier, we explained what APBS means. you can read Most used APBS Full Form and Meaning. check-out related information in the above section.
What is the acronym of APBS in the Army?
APBS is an acronym for “Automated Property Book System “. The Definition & Meaning of APBS in Different Categories is discussed above.
What is the full form of APBS in jobs?
The full name of APBS “Appointment Payroll And Benefits System” in the terms of Jobs and occupations. Finally, we also discussed all the important things about, What is that APBS and also related to the full name of APBS.
what does the abbreviation APBS stand for Parcel
The abbreviation of APBS represents “Automated Parcel Bundle System ” in the terms of parcel and logistics. You can also know some Most Using Full-Form and The meaning of APBS in the above section
What is the APBS Meaning in The Bank?
The APBS means “Aadhaar Payment Bridge System “. It is the most commonly used acronym in Bank. It may be more than one meaning of APBS so check them out one by one in the above section.
What is the APBS Full Form in Finance?
APBS is a banking and finance term that stands for “Aadhaar Payment Bridge System“. It has many other Full Forms there are listed Above.