Aadhaar Enabled Payment System
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Aadhaar Enabled Payment System API
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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.
|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|
|Training Support||Online Training|
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.
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