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.
How to get it:
How to get it:
- Provide KYC (Know Your Customer) information to open a new account
- Aadhaar Number should be linked with bank a/c.
What is required for Transaction:
- MicroATM.
- Remember Aadhaar.
- Give Bank name.
- Present self (Aadhaar holder).
Services Offered:
- Balance Enquiry.
- Cash Withdrawal.
- Cash Deposit.
- Aadhaar to Aadhaar funds transfer.
- Payment Transactions.
Very Nice
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