Best AEPS Portal for Admin | Aadhaar Payment System


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Aadhaar enabled payment system (AEPS) is type of payment system which is basically based on aadhaar card number and enables us for cashless transaction. AEPS is the service which helps us for basic banking actions like money transfer, deposit, withdrawal, balance enquiry and mini statement. This was the first initiative towards cashless society from Indian government.

This project started since January, 2016 in which Indian government linked all bank accounts with individual aadhaar card numbers as unique identity. This facility enables us to make basic financial actions without going any ATM or bank. You only required your aadhaar card number which shows your unique identity and finger print impression which works as your code or pin. You don’t need to remember any pin code for this.

So this was the basic knowledge, further here we learn about how to use it properly and how it works and what its benefit and features, Keep reading for interesting knowledge about AEPS which helps you in daily life too. Without waste times I come on point so first we learn how to use it.


HOW TO USE AADHAAR ENABLED PAYMENT SYSTEM (AEPS):


Go to micro ATM or any bank correspondent (BC) or any shop or centre which have this facility.

You have to provide your aadhaar Identity number and bank name

After detailed unique identity number, choose which action you want to perform.

Provide verification code as finger print impression through biometric scan machine which is connected to AEPS App or AEPS software.

If your finger print approved, your action will be performed

Collect your receipt for your performed action .

So basically these are few simple steps which are done for any basic financial action. This is simple, user friendly and secure action which makes this system more reliable. But do you know how really this system works, surely this question is hitting in your mind. Don’t be worry, I am here to solve your query, Keep reading.

HOW AADHAAR ENABLED PAYMENT SYSTEM (AEPS) WORKS?

Whenever any customer go to micro ATM or any Business correspondent (BC) or any shop or centre which have this facility through AEPS software for any type of transaction. He/she provide unique identity number and bank name for initial action and finger print impression for authentication to the BC. Here BC shares these details with NPCI (National Payments Corporation of India) which check the ID and UIDAI (Unique Identification Authority of India) to confirm the customer identity. It also check funds of connected account and perform the action. So this is the root process of Aadhaar Enabled Payment System (AEPS).


WHICH SERVICES PROVIDED IN AADHAAR ENABLED PAYMENT SYSTEM (AEPS)?

Basically, Aadhaar Enabled payment System (AEPS) enables us many basic financial transaction services which are following : -

Cash Withdrawal

By using AEPS service you can withdrawal amount directly from any of your bank account by using Aadhaar card and finger print authentication. Most of the population using AEPS service to withdrawal cash in rural areas. Today this is easiest way for cashless transaction via aadhaar card which making it more favorable. You can withdrawal up to 10,000 per day via 5 transaction limit.

Balance Enquiry

Now you can check your account balance details by visiting your nearest BC (business correspondent). To check balance enquiry, you need your aadhaar card and bank name. You can check account balance details just in 3 steps by using AEPS service.

Mini Statement

This is latest service launched by NPCI in which you can check your account mini statement details easily. You can export your last transactions details by using Aadhaar card through AEPS service.

Aadhaar Pay

Aadhaar Pay services allow bank customers to withdrawal cash more then 10,000/- rupees in a day or we can say as hihjest withdrawal limit set by your bank. This is the most trending service today using for cash withdrawal in AEPS.

Micro ATM

This is the last but not the least. By using micro ATM, a bank customer can withdrawal cash using debit card. This is an electronic machine, integrated with biometric. You can swipe your debit card and can use fingerprint as authentication for transaction.

These are all actions which you can perform through this Aadhaar enabled payment system (AEPS) service.

FEATURE AND BENEFITS OF AADHAAR ENABLED PAYMENT SYSTEM (AEPS)

Now we know what this AEPS service is, how can we use it and how it is works? Here we learn the main feature and benefits of aadhaar enabled payment system (AEPS) which makes it so reliable.

  • First of all this is the very simple to use
  • This is the safe and secure process
  • Fully customized AEPS portal (Change as you want)
  • It is based on latest technology which fulfill all business needs
  • Master API switching facility
  • Its login and logout is the best as security features
  • Every account has unique identity which makes it reliable
  • Interoperable across various banks
  • You only required unique aadhaar card number and biometric identification to perform action
  • 3D code verification and OTP system integration
  • Secure payment gateway by integrating API

So basically these are the top security features and benefits of Aadhaar enabled payment system (AEPS) which makes it safe, secure and user friendly and simple to use.

WHAT WE PROVIDE- Ezulix AEPS Software Portal

Ezulix software is one of the best AEPS software portal provider company in India over the last few years. This is the reason, today we have a wide range of potential customers. If you are planning to start your own mini banking business as Admin, then this is best solution for you. You can start your own brand mini banking business with our advanced AEPS software portal and can make it a handsome source of Income. By using our latest AEPS portal, you can create unlimited members as master distributor, distributor and retailer in your down-line.

Ezulix software is one of the best AEPS software portal provider company in India over the last few years. This is the reason, today we have a wide range of potential customers. If you are planning to start your own mini banking business as Admin, then this is best solution for you. You can start your own brand mini banking business with our advanced AEPS software portal and can make it a handsome source of Income. By using our latest AEPS portal, you can create unlimited members as master distributor, distributor and retailer in your down-line.

So we can say this is the best business opportunity which is growing very fast now days. All the transactions being online or we can say cashless through this AEPS software. We are the best AEPS Software provider company in India which provides funds in real time.


Secure Your Panel through Video KYC Feature

As fast as technology is growing, unwanted activities similarly increasing. To stop all these unwanted activities and transaction in your business, we have launched Video KYC feature recently in our advanced AEPS portal. This feature will help you to prevent fake profiles in your business portal. To understand its advantage, we have gone through it’s process. Whenever any new members join you as business partner, they have to go through this video KYC feature. In which, they have to authenticate themselves through video KYC function. They can authenticate themselves through Aadhaar card, pan card, voter ID or Passport (one of them). This is an advanced portal security feature which allows you to track your members identity and authenticity with proof.


HOW AGENTS CAN REGISTER FOR AEPS SERVICE

Earlier agents had to register for AEPS service by submitting manually KYC and they have to wait for approval but now we have upgraded the system. Now agents can register for AEPS service through e-KYC process. In this process now agents only have to use their finger print using biometric machine and they can easily register by approval of biometric scan machine.

Allow Members for Real-Time Settlement (24x7) through Xpress Payout Service

Now you can provide 24*7 real time settlement facility to your members by using Ezulix AEPS portal. We have updated our portal recently with new Xpress payout feature to make your system unique and advanced. Using Xpress payout, now your members can take real time settlement any time. They don’t have to wait for admin approval. They can take real time settlement just by one click.

Conclusion

Here I wrapping up my article, I hope this blog will definitely help you to understand AEPS system, how to use it and how can you start your own business with this service. Here I also suggest you top aadhaar enabled payments system software Provider Company so you can use this reference. For more business ideas and best services keep reading and move to My blog. my blog section for interesting articles.