Benefits of Aadhaar Enabled Payment System in Brief
Aadhaar enabled payment system (AEPS) is a type of payment system which allows the users to do transactions using their Aadhaar card number, with iris or fingerprint authorization or through OTP (one-time password).
You just need to link your bank account with your Aadhaar and you are done. Read continuously for full details.
Services that are Provided in Aadhaar Enabled Payment System (AEPS)?
Cash Deposit
Cash Withdrawal
Fund Transfer
Balance Enquiry
Payment Transaction (b2b, b2c)
Benefits of Aadhaar Enabled Payment System (AEPS)
It is very easy to use
Safe and secure
It is providing a unique identity to every account which makes it reliable
3D code verification and OTP system integration
Secure payment gateway by integrating API
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