AEPS

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Aadhaar Enabled Payment System

Discover the Simplicity of Digital Payments!

Need cash? AePS allows you to withdraw money from your bank account through local retailers, making it convenient and accessible wherever you are.

AePS brings banking closer to you, whether you live in a bustling city or a remote village. You can visit a nearby retailer and use AePS for all your banking needs, making it simple and accessible for everyone. AePS lets you access your bank account effortlessly using your Aadhaar number and your fingerprint. No more worrying about complicated account numbers or carrying physical cards. You can make secure payments by verifying your identity with a quick fingerprint scan. Plus, you can check your account balance on the spot and get a summary of your recent transactions with mini-statements.

Cash Withdrawal

Balance Check

Mini Statement

Cash Withdrawal

Cash Deposit

Balance Check

Cash Deposit

Service Benefits

Quick Activation

High Success Rate

Choose your Margins

Instant Withdrawal

User friendly

How to get started with your AePS Service

Upload Necessary Documents

Map Device on Service Activation

Start Transacting & Earning

FAQ

1.What basic transactions can a retailer perform with AePS?
Retailers can perform a variety of basic banking transactions using AePS. With this service, retailers can assist customers in withdrawing cash, and check balance, and provide customers with a mini-statement detailing their recent account transactions. This convenience makes it easier for customers to access their funds and stay informed about their financial activities.
2. How can a retailer transfer money from their Payworld balance to a bank account?

Retailers can transfer money from their Payworld balance to their bank account by utilizing the payout facility. This process allows them to easily move funds from their Payworld account into their linked bank account.

3. How much money can be withdrawn in one transaction?

The withdrawal limit depends on the customer's bank account and the balance available at the retailer, with a maximum limit of 10,000 as per POS.

4. What are the inputs required for the retailer to do a transaction?

Retailers require three essential things to complete a transaction: their Aadhaar-linked bank account, Aadhaar number, and biometric validation. These elements are necessary to ensure secure and accurate transactions when using AePS.

5. How will customers know when their transaction is complete?

  • Customers will be notified of the completion of their transaction through two channels. Firstly, they will receive an SMS from the bank, providing confirmation and details of the transaction. Secondly, retailers conducting the transaction will see the corresponding funds added to their trade balance, ensuring transparency and confirmation of the completed transaction.