AEPS

Aadhaar Enabled Payment System or AEPS is a payment service developed by the National Payments Corporation of India (NPCI).

Aadhaar Enabled Payment system (AEPS) is a secured payment method by the National Payment Corporation of India (NPCI) that allows aadhar linked bank account holders to avail basic banking services such as Balance Enquiry & Cash withdrawl.

Benefits of AEPS

  • Offers cardless cash withdrawls via Aadhar authentication by Paymarks portal and app.
  • Easy and secure way for cash withdrawl and balance enquiry service.
  • Any bank account holder or customer can access banking services by supplying their identity with the help of biometric and Aadhar number without having to remember account number.
  • Interoperable across multiple banks.

Services offered by AEPS

  • Cash withdrawl
  • Balance Enquiry
  • Cash Deposit.
  • Mini Statement.
  • Aadharpay.