Aadhaar enabled Payment System (AEPS) is a secured payment method provided by the National Payments Corporation of India (NPCI) that allows aadhaar linked bank account holders to avail basic banking services such as balance inquiry & cash withdrawal. Customers simply need to tell eGron Retailer their 12-digit aadhaar number and aadhaar linked Bank name. Fingerprint authorisation is done using a biometric device to avail the service.
Aadhar enabled payment system is a bank led model which allows online interoperable financial transaction at PoS (Point of Sale / Micro ATM) through the Business Correspondent (BC)/Bank Mitra of any bank using the aadhaar authentication.
eGron is AePS service provider company has a robust platform for Aadhaar Payment system. Contact us, if you need AEPS Software or want to become a White Label Partner or may be a reseller or a merchant. We have end to end solution for AEPS, UPI, payment gateway and lots more.
How to use AEPS?The process of using AEPS is quite simple. Follow these simple steps :
Visit a eGron outlet correspondent in your area. (It does not matter if you don’t remember your bank account can do transactions through AEPS).
Provide the 12-digit Aadhaar number & Bank name to the eGron
Select transaction type - cash withdrawal or balance enquiry.
Enter the amount of the transaction (as applicable)
Authenticate the transaction using biometric (fingerprint).
The transaction is completed in seconds.
The bank agent receives transaction receipt & customer receives an SMS confirmation from bank.
AEPS is a bank led model which allows online interoperable financial transaction at PoS (Point of Sale / Micro ATM) through the Business Correspondent (BC)/Bank Mitra of any bank using the Aadhaar authentication. eGron India is providing AePS services to its own created retail outlet via BANKIT as a service provide with the bank end service provider via ICICI and Yes Bank. We are having total of 1007 Live operator providing round the year service. We are committed to raise our retailer 10 times within a year to reach more to the Masses.