Aadhaar Enabled Payment System

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Aadhaar Enabled Payment System API

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Product Details:

Deployment	Online
System Type	API Gateway
Device Compatibility	Mobile & PC
Money Deposit/Withrawal	Easy Cash Deposit & Transfer
Transaction Charges	Rs 3 per Transaction
AEPS Device Included	AEPS Software without Device
Download Option	Free demo Available
Transaction Limit	Rs 10000 per Transaction
Balance Inquiry	Instant Balance-inquiry
Supported Platforms	Android, Windows
Key Features	Payment Processing, API Monitoring
Edition	Multi User
Languages Supported	English
Training Support	Online Training

Aadhaar Enabled Payment System, or AEPS for short, is a type of payment system that enables carrying out financial transactions using Aadhaar-based authentication. AEPS, which is based on the Aadhaar number or Unique Identification Number, enables Aadhaar cardholders to easily start and finish transactions. By enabling universal access to banking and financial services through Aadhaar, it is a method to empower all societal groups.

Aadhaar Enabled Payment System Features

Cash Withdrawal- Using AEPS, all your business partners can start cash withdrawal facility on own retail shop to their walk in customers. Just go to any of the Retail shop and withdraw the required amount of cash by just providing your Aadhaar number, bank name and thumb/finger impression.
Cash Deposit- Customer can use AEPS for depositing cash and require aadhaar number, bank name, and thumb/finger impression. It is easy to access at anytime.
Balance Enquiry- Easily check bank account balance. For banking transaction Aadhaar details, bank name and fingerprint are required, once provided the bank balance details are displayed on the screen.
Fund Transfer- Using AEPS service customer can send money instantly to any bank account through Aadhaar Verification, Aadhar must be link with bank account to use AEPS service.