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AEPS plays a crucial role in financial inclusion by providing banking services
Authentication: Individuals can use their Aadhaar number and biometric details (fingerprint or iris scan) as identification to access their bank accounts linked to Aadhaar. Transactions: AEPS allows various banking services such as cash withdrawal, d...
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Aeps Services: (Aeps) Aadhaar Enabled Payment System (Pos/Micro ATMs)
Aadhar AEPS is a bank-led model that enables compliant online financial transactions at the Point of Sale (POS/Micro ATMs) through Business Correspondent (BC)/Mitra Bank of any bank using Aadhaar authentication. AEPS India offers Aadhar enabled payme...