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 Aadhaar Enabled Payment System (AEPS) is a type of payment system that is based on the Unique Identification Number and allows Aadhaar card holders to seamlessly make financial transactions through Aadhaar-based authentication. The AEPS banking service aims to empower all sections of the society by making financial and banking services available to all through Aadhaar.   Services Offered by AEPS Banking Service: Cash Deposit. Payment Transactions (C2B, C2G Transactions). Balance Enquiry. Cash Withdrawal. Aadhaar to Aadhaar funds transfer. Features & Benefits of AEPS Banking Service: Easy to use Safe and secure payment method Interoperable across various banks Through AEPS , all bank account holders will be able to access their bank accounts through Aadhaar authentication. With AEPS, the only information required to initiate a transaction is Aadhaar number and biometric information. AEPS facilitates disbursements of Government schemes like NREGA, Social Security pens...

Aadhaar Enabled Payment System (AEPS) is a type of payment system that is based on the Unique Identification Number and allows Aadhaar card holders to seamlessly make financial transactions through Aadhaar-based authentication. The AEPS banking service aims to empower all sections of the society by making financial and banking services available to all through Aadhaar. Services Offered by AEPS Banking Service: Cash Deposit Payment Transactions (C2B, C2G Transactions) Balance Enquiry Cash Withdrawal Aadhaar to Aadhaar funds transfer Features & Benefits of AEPS Banking Service: Easy to use Safe and secure payment method Interoperable across various banks Through AEPS, all bank account holders will be able to access their bank accounts through Aadhaar authentication With AEPS, the only information required to initiate a transaction is Aadhaar number and biometric information AEPS facilitates disbursements of Government schemes like NREGA, Social Securit...

What is an Aadhaar based ATM?  Aadhaar based ATM is a service which lets you withdraw cash from ATM using your Aadhaar Card number and Aadhaar fingerprint (biometric) instead of your ATM Card or PIN. Aadhaar micro ATMs is a new way which offers a complete payment solution where a person’s Aadhaar number is good enough to make a transaction. According to UIDAI, more than 4 lakh Aadhaar micro ATMs are deployed as of now for doorstep banking services. More than 58 crore individuals can now use Aadhaar micro ATMs (Automatic trailer machines) for banking transactions without ATM card or PIN. Aadhaar micro ATMs payment is a new method that provides complete payment solution where individual's Aadhaar number is enough to make transactions. Aadhaar is a 12-digit unique identity number issued by UIDAI. Micro-ATMs will enable the following interoperable transactions: – Cash withdrawal – Cash deposit – Balance inquiry – Remittance Here is what you need to...