Hey, are you planning to start AEPS business & want to learn about AEPS cash withdrawal, this presentation is for you? For more details call at 07230086664
Aadhar enabled payments (AePS) is a service that allows users to conduct banking transactions at micro-ATMs using their Aadhar number and fingerprint biometrics. It promotes financial inclusion and interoperability by allowing customers of any bank to perform transactions from any location. Key requirements for AePS use are an Aadhar number, micro-ATM, and fingerprint biometrics. Services offered include cash deposit, withdrawal, balance enquiry, mini statements, and Aadhar-to-Aadhar funds transfer. Transactions are secured through biometric authentication without sharing bank account details.
The document provides information about Aadhaar cards in India. It discusses how Aadhaar was launched to provide universal identity to residents, and now serves as identification for various government initiatives. It outlines some key uses of Aadhaar cards like receiving LPG subsidies directly in bank accounts, opening Jan Dhan bank accounts, and linking to voter IDs. It also describes Aadhaar enabled payment systems that allow transactions through microATMs using fingerprint authentication. This enables financial inclusion for marginalized communities.
The AEPS (Aadhaar Enabled Payment System) banking service aims to empower all sections of the society by making financial and banking services available to all through Aadhaar.
The document discusses various electronic payment systems in India such as internet banking, NEFT, RTGS, ECS, IMPS, banking cards, USSD and AEPS. It provides details on how to activate and use these payment methods, transaction costs and limits, and services offered. Key points covered are that NEFT and RTGS facilitate funds transfer between bank accounts, while ECS, IMPS and USSD allow for utility payments, instant bank transfers using mobile phones, and basic mobile banking respectively.
The document provides information on Pragati POS, a payment terminal by Innoviti that allows merchants to accept card payments. It highlights key features like same day activation, zero charges for debit card swipes up to Rs. 2000, automatic daily fund transfer, EMI payment options, and simplified usage, activation and support. The document also provides step-by-step instructions on setting up and using the Pragati POS, processing transactions including EMI purchases, retrieving receipts and reports, and available customer support.
e-Pay Solutions India Private Limited provides kiosks, handheld terminals, white label ATMs, and digital signage to enable various financial transactions. Their goal is to make bill payments and services more convenient through easy and transparent transactions. Their solutions include kiosks located in places near customers for paying bills, purchasing tickets, recharging phones, depositing cash or checks, and more services available 24/7. They plan to deploy many thousands more kiosks and ATMs across India to increase access to financial services for more of the population.
e-Pay Solutions India Private Limited provides kiosks, handheld terminals, white label ATMs, and digital signage to enable various financial transactions. Their goal is to make bill payments and services more convenient through easy and transparent transactions. Their solutions include kiosks and handheld devices located near customers for paying bills, purchasing tickets, recharging phones, depositing cash or checks, and more services available 24/7. They plan to deploy thousands more kiosks and ATMs across India to increase access to financial services for more of the population.
Aadhar enabled payments (AePS) is a service that allows users to conduct banking transactions at micro-ATMs using their Aadhar number and fingerprint biometrics. It promotes financial inclusion and interoperability by allowing customers of any bank to perform transactions from any location. Key requirements for AePS use are an Aadhar number, micro-ATM, and fingerprint biometrics. Services offered include cash deposit, withdrawal, balance enquiry, mini statements, and Aadhar-to-Aadhar funds transfer. Transactions are secured through biometric authentication without sharing bank account details.
The document provides information about Aadhaar cards in India. It discusses how Aadhaar was launched to provide universal identity to residents, and now serves as identification for various government initiatives. It outlines some key uses of Aadhaar cards like receiving LPG subsidies directly in bank accounts, opening Jan Dhan bank accounts, and linking to voter IDs. It also describes Aadhaar enabled payment systems that allow transactions through microATMs using fingerprint authentication. This enables financial inclusion for marginalized communities.
The AEPS (Aadhaar Enabled Payment System) banking service aims to empower all sections of the society by making financial and banking services available to all through Aadhaar.
The document discusses various electronic payment systems in India such as internet banking, NEFT, RTGS, ECS, IMPS, banking cards, USSD and AEPS. It provides details on how to activate and use these payment methods, transaction costs and limits, and services offered. Key points covered are that NEFT and RTGS facilitate funds transfer between bank accounts, while ECS, IMPS and USSD allow for utility payments, instant bank transfers using mobile phones, and basic mobile banking respectively.
The document provides information on Pragati POS, a payment terminal by Innoviti that allows merchants to accept card payments. It highlights key features like same day activation, zero charges for debit card swipes up to Rs. 2000, automatic daily fund transfer, EMI payment options, and simplified usage, activation and support. The document also provides step-by-step instructions on setting up and using the Pragati POS, processing transactions including EMI purchases, retrieving receipts and reports, and available customer support.
e-Pay Solutions India Private Limited provides kiosks, handheld terminals, white label ATMs, and digital signage to enable various financial transactions. Their goal is to make bill payments and services more convenient through easy and transparent transactions. Their solutions include kiosks located in places near customers for paying bills, purchasing tickets, recharging phones, depositing cash or checks, and more services available 24/7. They plan to deploy many thousands more kiosks and ATMs across India to increase access to financial services for more of the population.
e-Pay Solutions India Private Limited provides kiosks, handheld terminals, white label ATMs, and digital signage to enable various financial transactions. Their goal is to make bill payments and services more convenient through easy and transparent transactions. Their solutions include kiosks and handheld devices located near customers for paying bills, purchasing tickets, recharging phones, depositing cash or checks, and more services available 24/7. They plan to deploy thousands more kiosks and ATMs across India to increase access to financial services for more of the population.
Modes of Cashless Transactions - Cash-less Indian EconomyRajan Chhangani
This presentations is all about the different modes of cashless transactions and a small step to promote digital India and digitization in India.
Sources:- NPCI
Axis Bank
SBI
RBI
Upi, e wallets & other digital paymentsArshit Agarwal
This document provides information about Unified Payments Interface (UPI), e-wallets, Aadhaar Enabled Payment System (AEPS), and Bharat QR. UPI allows instant fund transfer between bank accounts on mobile. E-wallets store money online to make purchases. AEPS allows cash withdrawals and deposits using Aadhaar authentication at micro ATMs. Bharat QR is a common QR code standard for person to merchant mobile payments in India.
Unified Payments Interface (UPI) - easy way to transfer money through banksCA Janardhana Gouda
A system for instant online bank payments. A new initiative for cashless and more digital economy. A perfect system for India in Banking System. Using of Mobile in a perfect way. (awesome feature of Virtual ID for transfer of money online through online.
APIdays Singapore 2019 - How Platforms & APIs are changing the way that 3 bil...apidays
The document discusses how platforms and APIs are changing banking for 3 billion people. A shift to digital payments is occurring across Asia, driven by mobile adoption, e-commerce, and younger demographics. While fees generate revenue, platforms will monetize the transaction data. APIs are key for fintechs and banks to provide new services. China's mobile payments surpassed the US in transaction value in 2017. Platforms like WeChat are using payments data to offer additional financial products beyond transfers. This situational finance model is personalized through constant data analysis. APIs will be increasingly important for open banking and virtual banks to compete.
Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India (NPCI) that facilitates inter-bank transactions between two bank accounts on a mobile platform. UPI was piloted in 2016 and allows users to instantly send and receive money using a Virtual Payment Address without entering bank details. It provides several benefits like free fund transfers, instant transfers, and convenience of accessing multiple bank accounts using one application.
FidyPay is the Best AEPS/Micro ATM Service Provider-Banking as a ServiceFidyPay
FidyPay is the most fabulous AEPS Solution Company. Aadhar Micro ATM is meant to be a device that's used by a million Business Correspondents( BC) to deliver introductory banking services. Micro ATM service is very useful in making quick transactions through credit/ Debit cards. With the device, the user can get advantages from introductory banking services like withdrawing and depositing cash. Easy to extend banking services anywhere in the remote area using Micro ATMs. Flexible account access permits citizens to access their accounts at their convenience. Visit us at - www.fidypay.com
Digital money revolution in India
- India has seen a shift from traditional banking channels to electronic channels like ATMs, debit/credit cards, internet banking and mobile banking. However, digital banking adoption remains much lower in India compared to developed countries.
- The Reserve Bank of India has outlined a vision to encourage electronic payments and a less cash society in India. It has launched various initiatives over the years like ECS in 1990s to facilitate bulk/repetitive payments and fund transfers.
- Demonetization in 2016 aimed to move India towards a cashless economy. However, going fully digital faces challenges due to low internet penetration and digital literacy in India. Infrastructure like availability of smartphones, broadband connectivity, and number of
- The document presents information about moving towards a cashless society in India through various digital payment methods like debit cards, credit cards, UPI, e-wallets, and more.
- It discusses concepts like NEFT, RTGS, IMPS, and digital wallets like Paytm and discusses how to use them for payments and money transfers.
- Several people are listed as presenting the document and providing information on cashless transactions in India through roles like discussing debit and credit cards, Aadhar payments, and digital payment platforms.
What is the difference between aeps service and UPI Transaction.pdfRound pay
Roundpay is the most Reliable Secure and fastest-growing Mobile Recharge API Provider In India. API interface Stands for "Application Programming Interface" which is a convention (set of principles and controls), Intended to be utilized as an interface by two and more programming applications to speak with each other. It is an IT and Recharge services provider company that deals with IT market Requirements and custom software. We are the leading Recharge API provider in Lucknow
What is the difference between aeps service and UPI Transaction.pdfRound pay
Roundpay is the most Reliable Secure and fastest-growing Mobile Recharge API Provider In India. API interface Stands for "Application Programming Interface" which is a convention (set of principles and controls), Intended to be utilized as an interface by two and more programming applications to speak with each other. It is an IT and Recharge services provider company that deals with IT market Requirements and custom software. We are the leading Recharge API provider in Lucknow
This document compares financial services from Axis Bank and Yes Bank. It summarizes Axis Bank's Instant Money Transfer service, IMPS service, and Call and Pay service. It also summarizes Yes Bank's Pay Now service. Finally, it describes Axis Bank's NGPAY digital wallet and Axis Mobile app, comparing some features to Yes Bank's mobile app.
e-Pay Solutions India Private Limited provides various self-service kiosks, handheld terminals, white label ATMs, and digital signage systems to enable bill payments and financial transactions. Their goal is to make daily financial tasks more convenient through easy and transparent services available 24/7. They aim to partner with billers, franchisees, and customers to expand access to services like bill payments, ticket purchases, recharges, deposits, and withdrawals.
e-Pay Solutions India Private Limited provides various self-service kiosks, handheld terminals, white label ATMs, and digital signage systems to enable bill payments and financial transactions. Their goal is to make common financial tasks more convenient through easy and transparent services available 24/7. They aim to partner with billers, franchisees, and customers to expand access to services like bill payment, ticket purchase, money transfer, and more through a growing network of self-service options.
(https://www.indiamart.com/innoviti-payment-solutions-ltd) Manufacturer of a wide range of products which include GPRS Card Swipe Terminal and Digital POS Machine.
ShopClues To ‘Reach’ for Offline Merchants TransactionseTailing India
To help offline merchants opt for cashless transaction, ShopClues announced the launch of 'Reach' under its Business Edge initiative today. The solution will enable merchants to accept electronic payment from any mode be it wallet or credit/debit cards through a SMS link, in which the customers don’t have to part with their details and can enter them on their own smart-phones post receiving a link from the merchant.
The document discusses India's transition to a cashless economy. It explains that demonetization in 2016 pushed India towards digital payments like mobile wallets, UPI, and banking cards. A cashless economy provides benefits like reducing black money, increasing tax collection, and reducing printing costs. The document outlines various digital payment methods and their requirements. It predicts that increased transparency, GDP, and investments through cashless transactions will make India's economy more successful.
The document discusses several key concepts related to banking and financial transactions:
- It defines banking as accepting deposits and lending money to earn a profit. Terms refer to the specific details of agreements.
- It then explains several Indian banking terms - MICR and IFSC codes which help identify banks and branches, RTGS and NEFT for instant and 2-day fund transfers, CVV for credit card security, and more.
- Electronic banking topics covered include EFT, EDI, ECS for bulk payments, and mobile/internet banking. Key infrastructure like INFINET and SFMS that enable financial transactions are also summarized.
Shop clues to ‘reach’ for offline merchants transactionsAshish Jhalani
To help offline merchants opt for cashless transaction, ShopClues announced the launch of 'Reach' under its Business Edge initiative today. The solution will enable merchants to accept electronic payment from any mode be it wallet or credit/debit cards through a SMS link, in which the customers don’t have to part with their details and can enter them on their own smart-phones post receiving a link from the merchant.
How Long Does Vinyl Siding Last and What Impacts Its Life Expectancy?Alexa Bale
The majority of siding industry insiders assert that vinyl has a 20–40-year lifespan. Although this lifetime indicates an increase over earlier siding types, the average life expectancy is heavily dependent on outside factors. Vinyl siding needs to be carefully maintained, especially after a weather event. Dive into ppt to know How Long Does Vinyl Siding Last and What Impacts Its Life Expectancy.
Modes of Cashless Transactions - Cash-less Indian EconomyRajan Chhangani
This presentations is all about the different modes of cashless transactions and a small step to promote digital India and digitization in India.
Sources:- NPCI
Axis Bank
SBI
RBI
Upi, e wallets & other digital paymentsArshit Agarwal
This document provides information about Unified Payments Interface (UPI), e-wallets, Aadhaar Enabled Payment System (AEPS), and Bharat QR. UPI allows instant fund transfer between bank accounts on mobile. E-wallets store money online to make purchases. AEPS allows cash withdrawals and deposits using Aadhaar authentication at micro ATMs. Bharat QR is a common QR code standard for person to merchant mobile payments in India.
Unified Payments Interface (UPI) - easy way to transfer money through banksCA Janardhana Gouda
A system for instant online bank payments. A new initiative for cashless and more digital economy. A perfect system for India in Banking System. Using of Mobile in a perfect way. (awesome feature of Virtual ID for transfer of money online through online.
APIdays Singapore 2019 - How Platforms & APIs are changing the way that 3 bil...apidays
The document discusses how platforms and APIs are changing banking for 3 billion people. A shift to digital payments is occurring across Asia, driven by mobile adoption, e-commerce, and younger demographics. While fees generate revenue, platforms will monetize the transaction data. APIs are key for fintechs and banks to provide new services. China's mobile payments surpassed the US in transaction value in 2017. Platforms like WeChat are using payments data to offer additional financial products beyond transfers. This situational finance model is personalized through constant data analysis. APIs will be increasingly important for open banking and virtual banks to compete.
Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India (NPCI) that facilitates inter-bank transactions between two bank accounts on a mobile platform. UPI was piloted in 2016 and allows users to instantly send and receive money using a Virtual Payment Address without entering bank details. It provides several benefits like free fund transfers, instant transfers, and convenience of accessing multiple bank accounts using one application.
FidyPay is the Best AEPS/Micro ATM Service Provider-Banking as a ServiceFidyPay
FidyPay is the most fabulous AEPS Solution Company. Aadhar Micro ATM is meant to be a device that's used by a million Business Correspondents( BC) to deliver introductory banking services. Micro ATM service is very useful in making quick transactions through credit/ Debit cards. With the device, the user can get advantages from introductory banking services like withdrawing and depositing cash. Easy to extend banking services anywhere in the remote area using Micro ATMs. Flexible account access permits citizens to access their accounts at their convenience. Visit us at - www.fidypay.com
Digital money revolution in India
- India has seen a shift from traditional banking channels to electronic channels like ATMs, debit/credit cards, internet banking and mobile banking. However, digital banking adoption remains much lower in India compared to developed countries.
- The Reserve Bank of India has outlined a vision to encourage electronic payments and a less cash society in India. It has launched various initiatives over the years like ECS in 1990s to facilitate bulk/repetitive payments and fund transfers.
- Demonetization in 2016 aimed to move India towards a cashless economy. However, going fully digital faces challenges due to low internet penetration and digital literacy in India. Infrastructure like availability of smartphones, broadband connectivity, and number of
- The document presents information about moving towards a cashless society in India through various digital payment methods like debit cards, credit cards, UPI, e-wallets, and more.
- It discusses concepts like NEFT, RTGS, IMPS, and digital wallets like Paytm and discusses how to use them for payments and money transfers.
- Several people are listed as presenting the document and providing information on cashless transactions in India through roles like discussing debit and credit cards, Aadhar payments, and digital payment platforms.
What is the difference between aeps service and UPI Transaction.pdfRound pay
Roundpay is the most Reliable Secure and fastest-growing Mobile Recharge API Provider In India. API interface Stands for "Application Programming Interface" which is a convention (set of principles and controls), Intended to be utilized as an interface by two and more programming applications to speak with each other. It is an IT and Recharge services provider company that deals with IT market Requirements and custom software. We are the leading Recharge API provider in Lucknow
What is the difference between aeps service and UPI Transaction.pdfRound pay
Roundpay is the most Reliable Secure and fastest-growing Mobile Recharge API Provider In India. API interface Stands for "Application Programming Interface" which is a convention (set of principles and controls), Intended to be utilized as an interface by two and more programming applications to speak with each other. It is an IT and Recharge services provider company that deals with IT market Requirements and custom software. We are the leading Recharge API provider in Lucknow
This document compares financial services from Axis Bank and Yes Bank. It summarizes Axis Bank's Instant Money Transfer service, IMPS service, and Call and Pay service. It also summarizes Yes Bank's Pay Now service. Finally, it describes Axis Bank's NGPAY digital wallet and Axis Mobile app, comparing some features to Yes Bank's mobile app.
e-Pay Solutions India Private Limited provides various self-service kiosks, handheld terminals, white label ATMs, and digital signage systems to enable bill payments and financial transactions. Their goal is to make daily financial tasks more convenient through easy and transparent services available 24/7. They aim to partner with billers, franchisees, and customers to expand access to services like bill payments, ticket purchases, recharges, deposits, and withdrawals.
e-Pay Solutions India Private Limited provides various self-service kiosks, handheld terminals, white label ATMs, and digital signage systems to enable bill payments and financial transactions. Their goal is to make common financial tasks more convenient through easy and transparent services available 24/7. They aim to partner with billers, franchisees, and customers to expand access to services like bill payment, ticket purchase, money transfer, and more through a growing network of self-service options.
(https://www.indiamart.com/innoviti-payment-solutions-ltd) Manufacturer of a wide range of products which include GPRS Card Swipe Terminal and Digital POS Machine.
ShopClues To ‘Reach’ for Offline Merchants TransactionseTailing India
To help offline merchants opt for cashless transaction, ShopClues announced the launch of 'Reach' under its Business Edge initiative today. The solution will enable merchants to accept electronic payment from any mode be it wallet or credit/debit cards through a SMS link, in which the customers don’t have to part with their details and can enter them on their own smart-phones post receiving a link from the merchant.
The document discusses India's transition to a cashless economy. It explains that demonetization in 2016 pushed India towards digital payments like mobile wallets, UPI, and banking cards. A cashless economy provides benefits like reducing black money, increasing tax collection, and reducing printing costs. The document outlines various digital payment methods and their requirements. It predicts that increased transparency, GDP, and investments through cashless transactions will make India's economy more successful.
The document discusses several key concepts related to banking and financial transactions:
- It defines banking as accepting deposits and lending money to earn a profit. Terms refer to the specific details of agreements.
- It then explains several Indian banking terms - MICR and IFSC codes which help identify banks and branches, RTGS and NEFT for instant and 2-day fund transfers, CVV for credit card security, and more.
- Electronic banking topics covered include EFT, EDI, ECS for bulk payments, and mobile/internet banking. Key infrastructure like INFINET and SFMS that enable financial transactions are also summarized.
Shop clues to ‘reach’ for offline merchants transactionsAshish Jhalani
To help offline merchants opt for cashless transaction, ShopClues announced the launch of 'Reach' under its Business Edge initiative today. The solution will enable merchants to accept electronic payment from any mode be it wallet or credit/debit cards through a SMS link, in which the customers don’t have to part with their details and can enter them on their own smart-phones post receiving a link from the merchant.
How Long Does Vinyl Siding Last and What Impacts Its Life Expectancy?Alexa Bale
The majority of siding industry insiders assert that vinyl has a 20–40-year lifespan. Although this lifetime indicates an increase over earlier siding types, the average life expectancy is heavily dependent on outside factors. Vinyl siding needs to be carefully maintained, especially after a weather event. Dive into ppt to know How Long Does Vinyl Siding Last and What Impacts Its Life Expectancy.
Jpeg to Dst File Converter - Guidebook by Image2Emb.docxImage 2 EMB
This book provides a structured approach to guide users through the process of converting JPEG files to DST files. Each section covers essential steps and information to help users understand and execute the conversion effectively.
By refining the layout and replacing furnishings, people can more effectively enjoy themselves in their home environment. If you want to enhance the visual appeal of your home, then residential painting services are at your service. We take responsibility for transforming your dull spaces into vibrant ones. This PPT unveils the difference that professional painters make in elevating the look of your home.
Check CNIC Information | +447490809237 | CNIC Details Checkerownerdetailssim
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The CNIC Information System is a comprehensive database managed by the National Database and Registration Authority (NADRA) of Pakistan. It serves as the primary source of identification for Pakistani citizens and residents, containing vital information such as name, date of birth, address, and biometric data.
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How To Check SIM Owner Name And CNIC Of Any Mobile Number
Thanks to the Pakistan Telecommunication Authority’s (PTA) online verification facilities, obtaining SIM owner information has become much easier. Here’s how to find the CNIC and SIM owner details by number:
Compose an SMS to 667: Open a new message on your SIM card and write “MNP”.
Send the SMS: Send this message to the shortcode 667.
Receive Information: Wait for a reply. A message containing the name of the SIM owner associated with the specific SIM number will be sent to you.
Additionally, you can visit or call your network service provider’s local customer care center to confirm the SIM registration status and owner’s name. This simplified procedure eliminates the need for extensive documentation and offers a convenient way to obtain necessary SIM details in Pakistan.
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In Pakistan, there are various Android apps and software solutions available to check the SIM owner’s name by mobile number online. However, it is important to note that most of these apps have not been approved by the Pakistan Telecommunication Authority (PTA), and their use is not recommended. If you choose to use these apps, proceed with caution. Remember, the current law only permits the registration of five SIMs under one identity.
Always verify the validity of any software or tool you decide to use, as unauthorized access to SIM owner credentials may have legal consequences.
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To check Jazz SIM owner name and details online, follow these steps:
Open the Messaging App: On your mobile phone, open the messaging app.
Create a New Message: Type “667” in the recipient field.
Write the Message: Type “MNP” in the message body.
Send the Message: Send the message using your Jazz SIM.
Wait for a Response: You will receive a message containing the SIM owner’s name and CNIC number associated with the Jazz SIM you are using.
Terms:
Codes can change at any time. Check the Jazz website if the code above has an error.
For further information, call the Jazz helpline.
You can check the Jazz SIM owner, registered address, and location by calling the helpline.
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If you want to Check Ufone SIM Owner Name & Ufone SIM Owner Details online check it by the following steps:
Open the messaging app on your mobile phone.
Create a new message.
In the recipient field, type “667”.
In the message body, type “MNP”.
Send the message through your Ufone SIM.
Wait for a response. You will receive a message containing the SIM owner’s name and CNIC number associated with the Ufone SIM which is in your use.
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How to Verify the Number of SIM Cards Registered under your CNIC?
If you want to check how many SIM cards are registered under your name, you can do it easily. Just go to your mobile network provider’s website or app. Look for the feature called “SIM Ownership CNIC Tracker.” Then, type in your CNIC number correctly. After you submit it, the system will show you a list of all the SIM cards registered under your name. It will tell you which ones are active (in use) and which ones are inactive (not in use). Check this list carefully to see if there are any SIM cards you don’t need anymore. If you find any inactive ones, you can remove them to make room for new ones. This is helpful if you’re trying to add a new SIM card but all the slots are full. If you have any questions or problems with the registered SIM cards, you can contact your mobile network provider’s customer support for help.. By doing this, you can manage your SIM cards better and make sure you’re using your slots efficiently.
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2. What is AEPS?
2
AEPS full form is Aadhaar enabled payment system. This is a bank
led model that helps people to perform banking without going bank
or ATM.
AEPS is Aadhaar based banking system that allows all bank
customers to use banking facilities. A bank customer whose
Aadhaar card is linked with bank account, can perform banking
through AEPS.
Today AEPS is most used medium for banking. Most of the
transactions in rural areas are performed through AEPS.
After demonetization and COVID crisis, the importance of AEPS
has increased exponentially.
3. Importance of AEPS?
There has been a substantial increase in digital transactions over the
last three financial years, with volume growth of 88 per cent since
2018-19, the Ministry of Finance informed the Lok Sabha.
In 2018-19, the volume of transactions was 23.26 billion, which
increased to 34 billion in 2019-20. According to the data shared by the
Ministry of Finance in 2020-21, the volume of transactions surged to
43.7 billion.
Aadhaar Enabled Payment System (AePS) inter-bank transactions
during 2020-21 registered 9-fold growth over the past four years.
3
Source: BusinessToday
6. “
AEPS cash withdrawal is the
process of withdrawing money
from bank account by using AEPS
or Aadhaar card.
6
7. Important
By using AEPS cash withdrawal, you can
withdraw 10,000/- in a day from one bank
account.
7
8. What You Need to Withdraw Money
through AEPS?
8
oTo withdrawal money using AEPS, first of all your primary bank
account must be linked with Aadhaar Card.
oSecond that you need to withdraw money using AEPS is Aadhaar
card and finger-print impression for authentication.
oYou need mobile number that is linked with your bank account for
receiving confirmation for your AEPS transaction.
So these are all essentials needs that you should have to
withdrawal money using AEPS. Now we will go through
one by one step to withdraw cash.
9. Steps to Withdrawal Cash using Aadhaar
9
oVisit to your nearby BC (Business Correspondent)
or bank Mitra of any bank
oProvide Aadhaar card number and select bank
oChoose AEPS cash withdrawal as banking
transaction
oFill the amount that you want to withdrawal
oVerify your AEPS transaction through finger-print
authentication
oAfter performing transaction, you will get
confirmation message on mobile phone
10. I hope this presentation will
help you to understand about
AEPS Cash Withdraw.
Ezulix software is a leading
AEPS service provider
company in India.
We provide fully customized
AEPS software for b2b
business.
For more about AEPS, AEPS
software, AEPS business you
can visit our website or can
apply for a free live demo.
+91-7230086664
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