Aadhaar Enabled Payment System (AEPS) Service Provider Company

AADHAAR Enabled Payment System (AEPS)


AADHAAR Enabled Payment System enable us to use basic financial services like cash deposit withdrawal and remittance at low cost access devices (called MicroATMs) maintained at Business correspondents in an inter-operable way.



AADHAAR provides basic banking transactions that are given below:


Cash Withdrawal

Cash Deposit

AADHAAR to AADHAAR Funds Transfer

Balance Enquiry

Gateway Authentication Service


The main objective of AADHAAR Enabled Payment System (AEPS) is to empower a bank customer to use AADHAAR to access his/her AADHAAR – enabled bank account and perform basic banking transactions that are interbank or intra-bank in nature through a business correspondent.

Another important goal AADHAAR Enabled Payment System (AEPS) serves is to facilitate inter-operability across banks in a safe and secured manner.

AADHAAR Enabled Payment System (AEPS) allows online interoperable financial inclusion transaction at PoS (MicroATM) through the Business correspondent of any bank using the AADHAAR authentication.

Here are the four AADHAAR enabled basic banking transactions


Balance Enquiry

Cash Withdrawal

Cash Deposit

AADHAAR to AADHAAR Funds Transfer


Cyrus is a well-known company for providing Aadhaar Enabled Payment System provider. Through AEPS user can withdrawal cash and inquire balance and admin of software will earn huge commission on each cash withdrawal transactions and also able to distribute AEPS transaction amount for their register agents in real time.
Location: India

Comments

  1. rajveramaMarch 26, 2019 at 4:24 PM

    This blog is really helpful regarding all educational knowledge I earned. It covered a great area of subject which can assist a lot of needy people. Everything mentioned about
    AEPS Banking Service is clear and very useful.

    ReplyDelete
  2. UnknownDecember 18, 2019 at 4:25 PM

    Nice information! Thanks for sharing!! AEPS Service Provider Company

    ReplyDelete
  3. Softcare Infotech API Provider CompanyOctober 3, 2020 at 3:10 PM

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    ReplyDelete
  4. sorenDecember 4, 2020 at 6:54 PM

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    AEPS Banking Service is clear and very useful.


    ReplyDelete
  5. Round PayJuly 11, 2022 at 12:47 PM

    Thanks for sharing such a nice blog. This is very helpful for me and others. Also, visit my website for more information. We have the best Aadhaar Enabled Payment System API.

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