AEPS - Aadhaar Enabled Payment System
Aadhaar Enabled Payment System (AEPS) is a bank-led model which allows online interoperable financial inclusion transactions at PoS (MicroATM) through the Business Correspondent of any bank using Aadhaar authentication.
Core Features
- Safe and secure biometric authentication (fingerprint/iris)
- No physical debit card or PIN required
- Interoperable across different banks
- Real-time settlement and 24/7 availability
Available Services Case Study
Balance Enquiry
Cash Withdrawal
Mini Statement
Aadhar Transfer
AEPS empowers the common man by bringing banking services right to their doorstep. With MasPay, retailers can become banking points, providing essential financial services to their local community while earning attractive commissions.
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