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)/Bank Mitra of any bank using the Aadhaar authentication.
1.Easy to use
2.Safe and secure payment method
3.To build the foundation for a full range of Aadhaar enabled Banking services.
4. To empower a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled bank account
1. Cash Deposit
2. Balance Enquiry
3. Cash Withdrawal
4. Aadhaar to Aadhaar funds transfer
5. Payment Transactions
6.Mini Statement
7.Best Finger Detection
1. Your bank account should be linked with Aadhaar if you want to avail this service.
2. No OTP or PIN is required for making transactions through AePS.
3. It supports transactions between Aadhaar linked bank accounts only.
4. Keep Aadhar card for transactions