AEPS means Aadhaar Enabled Payment System, a replacement payment service offered by the National Payments Corporation of India to banks and financial institutions using ‘Aadhaar’. Aadhaar may be a unique number issued by the Unique Identification Authority of India (UIDAI). In banking AEPS means empowerment where the provider allows a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled checkivng account (AEPS service provider bank) and perform basic intrabank or interbank transactions.
Aadhaar Enabled Payment System is a way to get money from the bank account without your signature or debit cards. Through the Aadhaar Enabled Payment System, customers don’t even need to visit a bank branch for getting money.
In this article, you will know what AEPS is, the benefits it offers, and what features you get in AEPS,
How can you take this AEPS Service,
With this AEPS, how you can earn a good commission by turning your shop into a mini bank
As you know, the number of banks in rural areas in our country is very less.
Due to which the residents of rural areas have to face a lot of difficulty in opening their accounts or withdrawing or depositing money.
Even if the bank has facilities in rural areas, it is far away from the town or in urban areas.
The only solution to all these problems is AEPS.
By which anyone near the house can go and do their Balance Inquiry or Cash Withdrawal.
If you provide this AEPS service, then the people of your rural area can get banking facilities in the vicinity of their home in their village.
What is AEPS?
AEPS Service is a new payment service provided by the National Payments Corporation of India (NPCI) to banks, financial institutions using ‘Aadhaar’.
AEPS means ‘Aadhar Enabled Payment System’
AEPS service aims to cater to the digital needs in every region of India
Customer can use services like withdrawing money, bank balance check, mini statement using his Aadhar card number and fingerprint
The customer must have an Aadhaar link with the bank account
What features are available in AEPS?
- Cash Withdrawal (Cash Withdrawal)
- Balance Inquiry
- Mini statement
Benefits to AEPS Provider
- An attractive commission is given by banks on every transaction made with Aadhaar card.
- Retailer’s shop changed to mini bank
- The best and easiest way to earn
Benefits to the customer from AEPS
- Very easy to transact with AEPS
- Only Aadhaar card number and fingerprint required for doing the transaction
- Withdraw money without bank or ATM
- Banking facility found near home
- No charge of any kind in the transaction (Charge Free)
- No need to fill or sign any form of slip
Things required to transact to AEPS provider
- Aadhaar Number
- Bank Name
- Morpho or Mantra device with mobile phone
- Fingerprint of the account holder
How much commission do you get on AEPS by Digital Gramin Seva? Digital Gramin Seva AEPS COMMISSION
You can earn attractive commission by withdrawing your customers through Aadhaar.
|| Attractive commission on every transaction ||
Transmission limit
According to the bank’s rules, you can withdraw up to 10,000 in a day through AEPS,
Some banks offer up to 20,000 Cash Withdrawal a day.
As you have known what is AEPS, what are the benefits of AEPS, and what is required to use AEPS service?
you can provide AEPS service and many digital services in your rural areas by connecting with Digital Gramin Seva portal.
Rsgitration link: https://digitalgraminseva.in/home/Sign_Up
for any kind of information, you can contact
Call: 8447744774, 8383928391
Email: [email protected]