Aadhaar Enabled Payment System (AEPS) AEPS is a bank led model which allows online interoperable financial transaction at PoS (Point of Sale / Micro ATM) through the Business Correspondent (BC) of any bank using the Aadhaar authentication.
Enquire NowAadhaar number is a unique identification number issued by the Unique Identification Authority of India (UIDAI) to citizens of India to avail several benefits. The AePS apps and payment services is a payment service/ system introduced by the National Payments Corporation of India (NPCI) to banks and financial institutions that use ‘Aadhaar’ for their KYC (Know-Your-Customer).
With this system, citizens or customer can carry out commercial and non-financial transactions at BC point through their Aadhaar number, and perform several actions like:
● Cash Withdrawal
● Cash Deposits
● Balance Inquiry
● Mini Statement
Withdraw Cash at all times from any bank account in India Just with your fingerprint.
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