Digital India Payment AEPS- Cashless Transaction Online Platform

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. First, we have to understand the digital India payment AEPS.

What is Digital India Payment AEPS?

Digital India payment AEPS is a payment method that allows online cashless transactions using Aadhaar card. By using AEPS service, customers can perform online transactions through Aadhaar card and fingerprint authentication via a biometric machine. This is the best method of payment digitally, that's why this is known as digital India payment AEPS.

Digital India Payment AEPS Services

AEPS stands for Aadhaar enabled payment system. By using Aadhaar enabled payment, you can take advantage of all the following services.

1. Aadhar Card Money Withdrawal
2. Balance Enquiry
3. Mini Statement
4. Micro ATM (Cash withdrawal through debit card)
5. Aadhaar Pay (Withdrawal more than 10,000 in a day)

So you can use all the services through AEPS. To use all services, you don’t need to visit bank or ATM. You can use all the services by visiting your nearby AEPS service provider.

Roles and Benefits of Digital India Payment AEPS?

Here we will discuss the roles and benefits of digital India payment AEPS in our life.

1. AEPS service is fast, safe and easy to use
2. Best App for digital India payments
3. No need to carry cash
4. No need to remember PIN or Password
5. Instant cashless payment solution
6. Merchants can use to accept payment as well as cash withdrawal service
7. No need to visit banks or ATM
8. No need to carry cards
9. Allows payment through all the banks
10. Penetrating banking and financial services all sectors of India

Conclusion

So here we learned, what is digital India payment AEPS, which services it availed and key roles and benefits of it.

You can also start your own AEPS business as admin and can make it a handsome source of income per month.

Do you want to know about the Best AEPS service provider company in India?