Aadhar Enabled Payment System (AePS):

AePS is to promote digitization in India, many works are being done online, in which every work related to government documents is being done online, in such a situation, the work can be done faster and in less time. There is a related system through which an account holder can withdraw money online from his bank account, this system has been implemented to make payment options related to Aadhar cards online, we will know in this article about what is AePS? what is Aadhar enabled payment system? and Aadhar enabled payment system. How can it be used? And understand other information related to it.

Digital India is also being promoted by the Government of India, in such a situation, the use of Aeps can prove beneficial for every account holder, through this system users can withdraw money from their account without using a card. It can be expected to take less time as compared to the bank.

What is AePS?

If you want to know what is AePS or what is Aadhar enabled payment system? This is a type of bank led model which is made from the perspective of the seller, where money can be given to the user by withdrawing money through Aadhaar enabled payment system, this model allows online interoperable financial transactions, use like a micro-ATM machine. Where any user can withdraw money from his Aadhar card-linked bank account.

It has often been seen that there are many users who are not able to use the ATM machine directly, in situations they follow the offline process of the bank to withdraw money online but this process is slow which takes more time and many times. There is also a line in the bank, so you can get money in less time by visiting your nearest online center using AePS.

In today's time, the facility of withdrawing money from Aadhar card is available at many shops or at public convenience centers, so now you can withdraw money from the account linked to Aadhar card anywhere, according to different banks at many shops, there is some charge for withdrawing money. It is done which is about 10 rupees on one thousand but this facility provided by Aadhaar is absolutely free. many people also want to know how to use AePS Aadhaar enabled payment system so let's know about it.

How to use AePS Aadhaar enabled payment system?

If you want to know how to use AePS Aadhar enabled payment system, you can go to any online computer shop near you where banking related work is done, that you provide your Aadhar card and tell the name of your bank which is linked to Aadhar from which you can make money. After that, you can withdraw money from your account using your biometric data like a finger, iris, etc. many pets want to know how to pay payment using AePS for this read below.

  1. Visit the Online Computer Shop, Mini ATM.
  2. Indicate the name of the bank along with your Aadhar card.
  3. Get your biometric data as finger scanned.
  4. After this, you can get your money.
  5. After collecting the money, collect the receipt.

Note: According to the given steps, you can know how to pay payment using AePS.

What is required for AePS transactions and how to register for Aeps?

New users actually want to know how to register for aeps and AePS registration process also. When you want to withdraw money through AePS online, then you need some important documents, otherwise, you may face problems in getting money, so definitely carry these documents. In the process, you have to also know AePS transaction charges and limits per day.

  • Micro ATM
  • Remember Aadhaar
  • Give Bank Name
  • Present self (Aadhaar holder) with Biometrics (Finger and/or IRIS)
  • Assisted mode

Herewith use of these things you can know how to register for aeps and also you can do AePS registration.

Services Offered by AEPS:

  1. Balance Inquiry
  2. Cash Deposit
  3. Payment Transactions (C2B, C2G Transactions)
  4. It will redirect you to a new page, enter your 12 digit aadhaar number there.
  5. Cash Withdrawal
  6. Aadhaar to Aadhaar funds transfer

How to pay payment using aeps?

  • For this you first select Banking or ATM.
  • In the next sequence, you enter Aadhar number and bank name.
  • Scan Biometric Data like Finger Print.
  • Select the payment option, after that you can make the payment.
  • Get a response on payment.
The benefit of Aadhar enabled payment system Aeps:

To use this system people, want to that what is the benefit of Aadhar enabled payment system aeps. Keeping in mind the security in today's digital age, you can use it to withdraw money from your Aadhar card, here you use your biometric data so that it cannot be easily hacked. There are many advantages of AePS which are Our payment system makes it easy. The Aadhar card used by the Government of India is known as the secure identity of every person, so it can also be used to withdraw money from your account, the biometric data used in it can make your transaction more secure.

  • This is an easy and secure method.
  • Cardless cash withdrawal from Aadhar Linked Accounts through this.
  • Balance inquiry and mini statement facilities are available here.
  • Interoperable across multiple banks.
  • You can add up to 15 bank accounts and get aeps bank list
  • Amount instantly move to the bank account.
  • If your card is blocked then you can withdraw money online through this process

This system is very useful after knowing the benefits of Aadhar enabled payment system aeps.

Who can use AePS?

Before using the system, a new person wants to know who can use AePS and what is required for aeps Aadhar Enabled Payment System is designed to withdraw money from your account online, it has been designed keeping in mind the security of the users, it can be used by such customers whose bank account is linked to Aadhar card. If more than one account is linked, then the AePS bank list is coming in front of you on your Aadhar number, then you have to select your account through which you want to withdraw money. Now you can get the information about who can use AePS and what is required for aeps.

What are AePS transaction charges and limits per day?

AePS is a better system for receiving online payment, here some banks charge Rs 5 to Rs 10 to withdraw online payment, apart from this it is a free process, in which you can get a maximum payment of up to five thousand rupees in a day.

How does AePS work?

This system simplifies the method of withdrawing money from the account linked to the Aadhar card, this machine acts as a Point of Sale (POS), the merchant can use it to withdraw money from the debit card and credit card, in which the customer's Aadhar number which is aeps bank list and the authorization requires the biometric data of the customer.

These documents are required to withdraw money online through an Aadhar card.

  • Bank's Issuer Identification Number (IIN) or name
  • Aadhaar Number
  • Fingerprint

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Comments 04

Nikita Gupta

Nice Information.

Admin

Thanks

Vijay Kumar

Sir, ak din me kitne paise ka traction kr skte hai??

Keshav Pandey

bhai uper check krna diya hai ak din ka limit