Top 7 Smart Things You Must Know about AEPS Business
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.
So if you are planning to start your own AEPS business then this article can help you out to solve any questions.
Here I will tell you about top 7 smart things that you must know about AEPS business in 2021.
So keep tuning with us till the end If you are really interested to start your own successful business.
1. You don’t need a specific qualification
2. You don’t need any technical Background
3. No Geographics Limitation
4. Low-cost Investment
5. Not a huge office setup required
6. Not a big team require
7. Instant Business Installation
You Don’t Need a Specific Qualification
I heard many times that people say to start AEPS business, you must be highly qualified otherwise you can run the business.
I want to clear you all to start AEPS business, you don’t require any piece of specific qualification. ‘
It doesn’t matter either you are 10th pass or graduate, you can start this business.
You Don’t Need Any Technical Background
Again no technical background required to start the AEPS business in 2021. You can just start an AEPS company by taking small training which is offered to you by your service provider.
Here I want to clear you one thing which you must remember when you are choosing an AEPS service provider for your business.
Always choose best AEPS service provider company and make sure they provide training and support all the time without any cost.
No Geographic Limitations
Many times I heard that AEPS business is more successful in rural areas in spite of urban areas.
This is totally wrong sentence.
If you are planning to start AEPS business as an admin then there is no geographical limitation.
You can start your business from anywhere because you need members to add in your panel and you can find them through the internet. So there is no sense where you are, you can easily reach to everyone through the internet.
In short, there is no geographical limitation for AEPS business as admin. But if you are a retailer then this can be a factor.
Low-Cost Investment
There are many of people who think that it cost a lot to start AEPS business.
There are a number of companies in India that provide AEPS service and their costs vary based on core service and additional services.
So If you are planning to start your own AEPS business at low investment, you can read this article.
Do not Require a Huge Office Setup
To start an AEPS business, you don’t require a huge office setup. Most people think that they have to set up a big office to start AEPS business.
You can start AEPS business just by mobile or laptop and internet connection at your small shop, home or any small office if you have.
I would like to suggest you don’t waste money on office or big setup, just start with laptop and internet connection at your home and make it bigger with your business profit. Initially, you can start this business from a room.
Not a Big Team Require
To start AEPS business, you don’t need 10–20 employees in your team. Infact at starting, you can manage everything with 2–3 and can raise the number as your business grow.
I want to clear one thing that AEPS is just not a small business. It has huge potential which you can’t even imagine.
By the right strategy and tactics, you can explore this business and your profit graph exponentially.
Instant Business Installation
If you are planning to start your own brand AEPS business as soon as possible then this fact will amaze you.
Yes, you can start this business just in 7 days.
I don’t know about all the other companies. But I would like to suggest, Ezulix Software, the best AEPS service provider company in 2021, provides a complete solution within 7 days. They also offer manual training, high commission on AEPS with lifetime free technical support.
If we talk about software solutions, their advanced AEPS portal is fully customized and based on the latest technology. Portal is integrated with multiple bank’s API, with all new services and features like mATM, Xpress Payout, and Aadhaar pay which move to grow your business fast.