Aadhar Enabled Payment System

AEPS is a modern transaction system which brings banks to the remote areas where people don’t have a smartphone and not comfortable with the digital transaction. This is the only transaction system which also gives cash. In this technology, your fingerprint or iris image is used for the authentication. This system requires a micro-ATM and an operator which can be a banking correspondent or merchant. The Aadhaar Enabled Payment System gives you banking facility on the go. However, It gives you only basic services. These 5 services can be done through the AEPS. Balance Check Cash Deposit Cash Withdrawal Mini Statment Aadhaar to Aadhaar Fund Transfer