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 checking account (AEPS service provider bank) and perform basic intrabank or interbank transactions.
Aadhaar Enabled Payment System is a way to get money from a bank account without your signature or debit card. Through the Aadhaar Enabled Payment System, customers don’t even need to visit a bank branch for getting money.
Benefits
- You can provide a mini banking service at your shop.
- You can attract customers with a single solution facility in one place.
- You can earn a commission on every AEPS Transaction.
- Offer complete banking solutions to your customers.
- Easy to use.
- Instant Activation.
Services
- Balance Enquiry.
- Cash Withdrawal.
- Mini statement.
Requirements for AEPS transactions
- Bank Name.
- Aadhaar Number.
- Fingerprint captured. during enrollment.
It is a very easy and simple way to Provide Aeps service.
- First you need to connect with Save CSP.
- To join you have to click on the Apply Online button above.
- After registration is complete, you will get Retailer ID password.
- You can provide AEPS service to your customers by logging in as soon as you get the ID password.
Become a Retailer and earn upto Rs. 1 Lakh per month.