Support

Explore

HomeNo Image is Available
About UsNo Image is Available
AuthorsNo Image is Available
TeamNo Image is Available
CareersNo Image is Available
InternshipNo Image is Available
Contact UsNo Image is Available
MethodologyNo Image is Available
Correction PolicyNo Image is Available
Non-Partnership PolicyNo Image is Available
Cookie PolicyNo Image is Available
Grievance RedressalNo Image is Available
Republishing GuidelinesNo Image is Available

Languages & Countries :






More about them

Fact CheckNo Image is Available
LawNo Image is Available
ExplainersNo Image is Available
NewsNo Image is Available
DecodeNo Image is Available
Media BuddhiNo Image is Available
Web StoriesNo Image is Available
BOOM ResearchNo Image is Available
BOOM LabsNo Image is Available
Deepfake TrackerNo Image is Available
VideosNo Image is Available

Support

Explore

HomeNo Image is Available
About UsNo Image is Available
AuthorsNo Image is Available
TeamNo Image is Available
CareersNo Image is Available
InternshipNo Image is Available
Contact UsNo Image is Available
MethodologyNo Image is Available
Correction PolicyNo Image is Available
Non-Partnership PolicyNo Image is Available
Cookie PolicyNo Image is Available
Grievance RedressalNo Image is Available
Republishing GuidelinesNo Image is Available

Languages & Countries :






More about them

Fact CheckNo Image is Available
LawNo Image is Available
ExplainersNo Image is Available
NewsNo Image is Available
DecodeNo Image is Available
Media BuddhiNo Image is Available
Web StoriesNo Image is Available
BOOM ResearchNo Image is Available
BOOM LabsNo Image is Available
Deepfake TrackerNo Image is Available
VideosNo Image is Available
Fact Check

Claims That Aadhaar Enabled Payments Will Not Work Till April 14 False

The central bank and the government have denied that Aadhaar enabled payments - AePS - will be down till April 14

By - Mohammed Kudrati | 13 April 2020 4:31 PM IST

The government and the Reserve Bank of India have denied that Aadhaar enabled Payment Systems (AePS) will not be functional, as being claimed by multiple posts on Facebook. The posts advises readers not to withdraw cash from the State Bank of India through AePS, as the servers handling these payments have been shut from the RBI's end till April 14; adding that any payments that are made in this interim could be "stuck in the server."

The text of the claim reads: 


Hindi (Original)English (Translation)

RBI

Reserve Bank of India

महत्वपर्ण सूचना

आप सभी के निवेदन है कि भारतीय स्टेट बैंक का 14 April तक आधार कार्ड द्वारा पैसा नहीं निकाले इसका सर्वर RBI द्वारा 14 April तक स्थाई रूप से बंद कर दी गई है..

अगर आप भारतीय स्टेट बैंक का पैसा आधार कार्ड द्वारा निकाल रहे है तो आपका पैसा सर्वर में फस सकता है

14 April तक सर्वर डाउन रहेगा.

Reserve Bank of India

RBI - Reserve Bank of India

Important Information: Requesting all not to withdraw money from the State Bank of India using Aadhaar Card until April 14. The RBI has shut these servers until April 14.

If you withdraw money from the State Bank of India using your Aadhar Card, your money will be stuck in the server.

The servers are down until April 14


Example of posts on Facebook can be seen below. This post has taken many forms on Facebook. 




Full View





 


April 14 happens to be the last day of the ongoing nationwide 21-day shutdown, which has been extended in a few states such as Odhisha, Maharashtra and Punjab. No formal announcement of an extension has come from the central government, and from many states. Prime Minister Narendra Modi is scheduled to address the nation on April 14, and is expected to announce the path forward. 

AePS is a payment system that facilities payments through one's Aadhaar Card. Users can withdraw cash, deposit cash and transfer funds by authenticating transactions biometrically through their Aadhaar-linked bank account. Transaction Data of financial year 2019-2020 from the National Payments Corporation of India shows that AePS processed 17.2 crore (172 million) transaction in March, with a value of ₹10,170 crores.

Factcheck 

BOOM contacted a senior official of the RBI, who told us:

The content of this post is false. Our systems are working 24x7.

Further, the government, through the Press Information Bureau too refuted this message. 



RBI data shows that during March 2020, when a nation-wide lockdown was announced to control the ongoing COVID-19 pandemic, people withdrew four times more cash than average. 



Tags: