Aadhaar ATM (AEPS)
➽Aadhar Enabled Payment System (AEPS) enables a person to use his biometric to withdraw cash or make payment from his account linked to Aadhar, using his biometrics.
➽AEPS helps customers withdraw small amounts without visiting ATM or bank, which is a time consuming process.
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Aadhaar ATM
(AEPS)
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Aadhaar ATM (AEPS)
➽Aadhaar Enabled Payment System (AEPS) AEPS is a bank led model which allows online interoperable financial transaction at PoS (Point of Sale / Micro ATM) through the Business Correspondent (BC) of any bank using the Aadhaar authentication.
Key Features
☞ Available 24 X 7 X 365
☞ Fund Withdrawal can be done on Sundays and bank holidays
☞ Instant confirmation to sender via SMS
☞ Safe and secure transaction
☞ This service is available across all the bank branches
Key Benefits
☞ Cost effective
☞ Safe and secure transaction
☞ Fund Withdrawl to all the PSUs and Private Banks
☞ Free SMS alerts on every transaction
☞ Near doorstep remittance facility
