After the demonetization and digital India project, Indian government is emphasizing on digital payment. To achieve this milestone, the government started many banking modules, AEPS is one of them.
AEPS full form is Aadhaar enabled payment system. It is a bank-led module that allows all bank customers to use basic banking services. To use this system, customer's primary bank account must be linked with Aadhaar card.
To use banking services, customers just have to carry aadhaar card and fingerprint authentication. AEPS is playing vital role in financial inclusion in India over all sections of society.
This is the reason today AEPS business is the most favorable business startup opportunity in 2021. …
Nowadays making payment online is as easy as clicking a button. What about those who are not aware of online payment? Aadhar payment acts as a savior for such people.
Still, there are more than 70% backward areas that are unknown to online payment modes. People in rural areas are also not aware of debit and credit cards.
To eliminate this problem, AEPS is playing a vital role. Anyone can perform basic bank transactions by using an Aadhar card linked to the respective bank account.
Ever heard about AEPS?
Let us elaborate the term below.
Aadhar Enable Payment System (AEPS) is an integrated payment system introduced by NPCI (National Payment Corporation of India). …
An Aadhar card is a 12 digit unique identity figure issued by the UIDAI –Unique Identification Authority of Indian residents. It is provided for free to every Indian resident after meeting certain identification conditions structured the Indian Authority. Every individual of India can enroll to have his or her Aadhar card regardless of age, gender or education. At the time of the enrollment process, the individual has to give his or her demographic and biometric information without paying any charge for the same. Aadhar Enrollment can be done only once and is valid for the whole lifetime. …
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Hey, are you planning to start your own b2b and reseller business portal and looking for an opportunity?
If Yes, then this is for you.
Here I will tell you how can you start your own b2b or reseller admin portal in India at the lowest price?
Along with this, here we will discuss all the following points.
So without wasting time, I come to the point.
Before starting a business, we have to understand all required terms like b2b & reseller.
B2B stands for business to business. In this type of business, one business deals with another business. …
The market is so competitive and you have to be advanced and alert to lead. Today here we will talk about AEPS services that how you can enhance your business growth by using Ezulix AEPS 2.0.
So without wasting time, I come to the point.
Today AEPS is the well known and aggressively used service in India for financial activities. AEPS service is started in 2016 by NPCI (National Payment Corporation of India) to avail banking and financial services to all sections of society.
AEPS stands for the Aadhaar enabled payment system. NPCI allows all banks and financial institutes to offer AEPS services through Aadhar card. AEPS service allows a bank customer to use all basic banking activities using Aadhaar card and fingerprint authentication. …
Today AEPS is a well known digital India payment (AEPS) solution for online cashless transactions. Digital India payment AEPS allows all banks and financial institutions to operate banking and financial services using Aadhaar card. All bank customers can use basic banking services through AEPS using Aadhaar card and fingerprint authentication.
Digital India payment AEPS service is started by NPCI(National payment corporation of India ) in 2016. The main purpose of the AEPS service is to penetrate all banking and financial facilities to all sectors of society. AEPS service is helping people to use banking services without visiting banks or ATM.
So without wasting time, I come to the point. …
AEPS full form is Aadhaar enabled payment system. There are many levels on which people work for AEPS. Today here we will talk about AEPS settlement. So if you are working as an admin in the CSC industry and looking for an instant AEPS settlement provider company then this article is for you.
To understand the logic of the AEPS settlement, we have to go through the AEPS process. Basically AEPS service is used to withdraw cash. Whenever any customer does AEPS service for cash withdrawal, amount transfer from customers account’s to merchants account or we can say AEPS wallet and merchant provide them cash amount. …
I know you all are so exciting to know about video KYC. This is a great way to Identify your member’s authenticity. Here we will learn step by step process of the video KYC.
So without wasting time, I come to the point. If you want to learn more about video KYC meaning, its advantage and features check out this article Updated Ezulix Admin Portal with Video KYC (New Feature).
Members can verify themself by following all the below steps.
We are living in a world of technology. Everything is going too advanced with new technologies. If you are in the market, you have to be advanced and updated to survive. But the truth is everything has an advantage as well as scarcity. If we talk about payment, Indian government is emphasizing on cashless transactions. To create a cashless society in India, the government started AEPS services in 2012 under the digital India project.
AEPS service is most trending today for cash withdrawal, especially in rural areas. If you are in CSC industry and have running your own b2b, b2c, and reseller admin portal then you have faced many fraud transactions. Many of your members attempt fraud transaction or they don’t return money to customers. But due to lack of their exact identity, you are unable to catch them. This occurs because you don’t have their real Identity. …