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AEPS- Aadhaar Enabled
Payment System
INTRODUCTION
 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 pension, Handicapped Old Age Pension etc. of any
Central or State Government bodies using Aadhaar authentication.
How to use AEPS?
 Step 1: Go to a micro ATM or banking correspondent.
 Step 2: Provide Aadhaar number and bank name.
 Step 3: Choose the type of transaction you want to make.
 Step 4: Provide verification through fingerprint/iris scan.
 Step 5: Collect your receipt.
THANKYOU

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AEPS - Aadhaar Enabled Payment System

  • 2. INTRODUCTION  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.
  • 3.
  • 4. Services Offered by AEPS Banking Service: Cash Deposit Payment Transactions (C2B, C2G Transactions) Balance Enquiry Cash Withdrawal Aadhaar to Aadhaar funds transfer
  • 5. 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 pension, Handicapped Old Age Pension etc. of any Central or State Government bodies using Aadhaar authentication.
  • 6. How to use AEPS?  Step 1: Go to a micro ATM or banking correspondent.  Step 2: Provide Aadhaar number and bank name.  Step 3: Choose the type of transaction you want to make.  Step 4: Provide verification through fingerprint/iris scan.  Step 5: Collect your receipt.