AEPS Aadhar Enable Payment System
The AEPS, or Aadhar Enabled Payment System, is an electronic payment gateway that permits online financial transactions utilizing Aadhar data. Customers can access their bank accounts that are enabled for Aadhaar using their Aadhar details thanks to the government program known as the Aadhar Enabled Payment procedure, which was founded by NCPI. The goal at the outset was to expedite the process of being included into the nation. To complete these transactions, people do not need to provide the details of their bank accounts. People can transfer money between bank accounts by using this payment mechanism and just their Aadhaar numbers.
Cash Removal
With the help of AEPS, each of your business partners can begin offering walk-in clients the ability to withdraw money from their own retail store. Any client can take money out of their bank account without physically going to the bank. Simply visit any retail location, provide your bank account details, thumb/finger impression, and Aadhaar number and withdraw the needed amount of money. While you can use a credit or debit card to withdraw cash from the mPOS system, you must use your Aadhaar card to do so at the AEPS. One mPOS system with integrated mPOS software is also available from us.
Money Transfer
Customers can utilize AEPS in the retail store to deposit money; all they need is their bank account number, Aadhaar number, and thumb or finger impression. It is simple to obtain at any time. Walk-in customers can check the balance of their bank accounts at the retail location. To examine the customer's bank balance details on the monitor, the trader need the customer's Aadhaar details, bank name, and fingerprint.
Fund Transfer
Aadhar must be linked to a bank account in order to use the AEPS service, which allows customers to pay money instantaneously to any bank account using Aadhaar Verification. The UIDAI provides fingerprint authentication for the AEPS service. UIDAI notifies the lender about the user's credibility in response to a trade. To receive further information about AEPS services, please submit your inquiry here. With the Schnellbox portal, you can supply a variety of suppliers. By adding the Bharat invoice payment system to your portal, you can provide your clients with bill payment options in addition to AEPS.