Aadhar ATM (AEPS)

Understanding AEPS Apps

Aadhaar number is a unique identification number issued by the Unique Identification Authority of India (UIDAI) to citizens of India to avail several benefits. The AePS apps and payment services is a payment service/ system introduced by the National Payments Corporation of India (NPCI) to banks and financial institutions that use ‘Aadhaar’ for their KYC (Know-Your-Customer).
With this system, citizens or customer can carry out commercial and non-financial transactions at BC point through their Aadhaar number, and perform several actions like:

● Aadhaar Card Money Withdrawal

● Cash Deposits

● Balance Inquiry

● Mini Statement

This allows customers to gain easy access to ATM facilities while getting the security of a traditional banking or financial institution. AePS services and systems use fingerprint/IRIS scan for biometric verification, ensuring high security for each transaction.

AEPS services to enable digital payments at your shop

Aadhaar enabled Payment Systems are exceptional not just for allowing your customers to avail easy-banking facilities but will allow you to provide digital payment options to your customers. As an AePS service provider, retailers and businesses get their customers access to Aadhaar Micro ATM facilities, easy cash withdrawals and other payment facilities that can be availed to make payments easily. These services made available to every kirana shop and retailer gives customers the added benefit to get financial benefits at their nearest location.

Additionally, retailers and shop owners can earn high commissions on each transaction, making it an excellent deal for everyone.

Become an Aadhaar Enabled Payment System (AEPS) Service Provider

To become an AePS agent with Pay1 Merchant app, the process is very straightforward and easy. Simply download the app and register yourself as a Pay1 merchant, and complete the AePS agent registration to get started.

AePS service providers make high commissions while enabling their customers to gain easy access to funds. This makes it ideal for your customers who can withdraw cash or use digital payment options without needing any debit or credit card. Equip your shop with services like mPOS, AePS scan and payment options, and get instant settlements on all the transactions. Support the government initiative for Digital India and digitise your shop. Delight your customers with a truly world-class experience and get added income via commissions with Pay1 AePS services.