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Showing posts with the label Aadhar ATM

Things to Know Before You Work On An Online Business Opportunity

The idea of a “job for life” is now a thing of the past. There is an increase in the numbers of people going online to create their own legitimate work from home businesses. An online business opportunity is a great way to generate income. An online business opportunity not only offers great growth prospects but also has no time restraints.  Wanting to start your own online business is a smart move for a lot of reasons. So, how can you possibly choose the right online business opportunity for you? But the biggest mental hurdle most of you face is figuring out what the best online businesses to start with.  You see, there are only two types of businesses: Product based Service based A product-based online business is one where you're selling products directly to customers. E-commerce stores are a perfect example of a product-based internet business. Just be aware it can take several weeks or months for this type of business to earn money. Service-based bus...

What Is AEPS banking Service And How It Can Help Rural India

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...

All You Need To Know About Aadhaar Micro ATMs

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...