India’s Aadhaar payment system AePS sees rising financial fraud cases: report

Online fraud through the Aadhaar Enabled Payment System (AePS), a platform that allows merchants to accept payment from customers through Aadhaar authentication, accounted for 11 percent of online financial scams during 2023, a new analysis from India’s cybercrime watchdog has shown.

The Indian Cyber Crime Coordination Centre (I4C) revealed that most of the AePS fraud cases were committed in the Indian states of Bihar and Jharkhand. Overall, the cybercrime helpline initiated by the agency received 1.3 million complaints related to …

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