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APBS stands for Automated Payment and Banking System, a digital system used by banks to make electronic payments and transfers easier. Learn the definition, purpose, and examples of APBS in this blog post. The full form of APBS is " Aadhaar Payment Bridge System ". It is a unique payment setup of the National Payments Corporation of India (NPCI) for directly crediting government subsidies, welfare payments, and other such benefits into the bank accounts of the beneficiaries linked to their Aadhaar biometrics.. APBS stands for Aadhaar Payments Bridge System, a system that transfers subsidies and benefits to beneficiaries through their bank accounts linked to Aadhaar numbers. Learn more about the features, benefits and working of APBS in this article. APBS stands for Aadhaar Payment Bridge System, a digital platform that links your Aadhaar number to your bank account for government payments. Learn how APBS works, its benefits, and how to link your Aadhaar for APBS .