AEPS
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.
The services available under AePS
Under AePS currently following services are present:
- Balance Enquiry
- Aadhaar to Aadhaar Fund Transfer
- Cash Withdrawal
- Cash Deposit
- BFD
The above services are available in both inter-bank and intra-bank modes.
