Aadhaar Enabled Payment System (AEPS) | Cashless Society

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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 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 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 Deposit
  • Cash Withdrawal
  • Fund Transfer
  • Balance Enquiry
  • Payment Transaction (b2b, b2c)

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
  • 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 software is one of the best AEPS software provider company in India. AEPS software allow cash withdrawal or balance inquiry service for the bank customers and admin of software will earn commission on each cash withdrawal transactions and admin of software can distribute AEPS transaction amount for their register agents in real time in e-wallet and (T+1) in bank account because Ezulix Software provides bank settlement in real time in e-wallet and (T+1) in bank account to the software admin. Here agents also get the commission by the customer’s transactions.

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 in e-wallet.

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.


Here I wrapping up my article, I hope this blog 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 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.