Aadhaar Enabled Payment System [AEPS]

Waht is Aadhaar Enabled Payment System [AEPS]

Aadhaar Enabled Payment System is a payment service empowering a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled bank account and perform basic banking transactions like balance enquiry, cash deposit, cash withdrawal, remittances through a Business Correspondent.

More Details About AEPS : Read More NPCI Website

AEPS Aadhaar Payment Service

AEPS stands for Aadhaar Enabled Payment System. It is a payment mechanism that allows customers to perform basic banking transactions like cash withdrawals, balance enquiry, mini statements and cash deposits using their Aadhaar number and biometric authentication. The service is available 24/7, making it convenient for users to transact anytime, anywhere.

Paygenius's AEPS is available nationwide at retail outlets and banking points, making banking services more accessible no matter where you are.

Your transactions are safe and secure with biometric authentication, ensuring peace of mind every time you use it.

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  • Cash Deposit : Effortlessly deposit cash into your account at any Paygenius retail outlet.
  • Cash Withdrawal : Securely withdraw cash from your account using Aadhaar authentication.
  • Balance Enquiry : Quickly check your account balance at Paygenius service points.
  • Mini Statement : Access a brief summary of your recent transactions anytime.
  • Aadhaar to Aadhaar Fund Transfer : Seamlessly transfer funds between Aadhaar-linked accounts.
  • Authentication : Ensure secure transactions with robust biometric authentication.

Paygenius AEPS Portal: Your Gateway to Seamless Transactions

The Paygenius AEPS online portal allows users to access their accounts and perform transactions using their Aadhaar number and biometric authentication.

Visit the Paygenius AEPS portal to access all AEPS-related services in one place. Registering for your AEPS ID is quick and easy, setting you up for effortless banking.

Become a Paygenius Business Correspondent in a Few Simple Steps

  • Visit the Paygenius Website or Download the App : Access the registration page on the Paygenius website or download the Paygenius Agent App.

  • Choose Your Plan: Select a plan that suits your needs, with a minimum payment of Rs. 1999/-.

  • Complete KYC and Physical Verification: Submit your KYC details and undergo physical verification after making the payment.

  • Receive Your Unique Agent ID: Once registered, you'll get a unique agent ID, giving you access to a wide range of banking services.

  • Enjoy AEPS Convenience: Utilize AEPS for hassle-free transactions anytime, anywhere.

What are AEPS Transactions?

Aadhar Enabled Payment System (AEPS) is a payment service that allows customer to use their Aadhaar card as their identity proof and to access their Aadhaar enabled bank account and perform basic banking transactions like cash withdrawals, balance enquiry and money transfer.

Is Aadhaar Enabled Payment System - AEPS Transaction Safe?

AEPS or Aadhaar Enabled Payment System is a safe & secure payment method provided by The National Payments Corporation of India (NPCI). That allows users with bank accounts connected to Aadhaar to make payments through Aadhaar-based authentication. Hence ensuring safe transaction.

Is AEPS a UPI?

AEPS stands for Aadhaar Enabled Payment System while UPI stands for Unified Payment Interface. Both are the digital payment services which are an initiative by NPCI (National Payment Corporation of India) to make Cashless society under digital India project.

Reasons to Choose Paygenius AEPS Services

Ensure Customer Safety and Security: Guarantee your customers that their transactions are safe and secure with Paygenius AEPS Aadhaar Payment Service. By utilizing unique Aadhaar biometrics through fingerprint authentication, we add an extra layer of security, ensuring that only the legitimate account owner has access to their money, protecting them from fraud and illegal activities.

Offer Convenience: With Paygenius AEPS Aadhaar Payment Service, banking becomes easy and convenient for your customers. They can handle their banking needs right at your location with just their fingerprint and Aadhaar, eliminating the hassle of paperwork or remembering complex passwords.

24/7 Availability: Provide your customers with basic banking services anytime, anywhere through the Paygenius AEPS portal. Customers can use their Aadhaar number and biometric authentication to make transactions 24/7, even in remote areas where traditional banking services are scarce

Cost-Effective: Paygenius portals offer minimal or no cost, making everyday banking more affordable and accessible for your customers. No high fees or hidden charges to worry about.

Accessible: Provide banking services to even the most remote areas with Paygenius AEPS Aadhaar payment services, ensuring no customer is left behind in India's journey toward financial inclusion. With just their Aadhaar card and fingerprint, you can offer essential banking services like cash withdrawal and balance enquiry.