Aadhaar Enabled Payment Service

Aadhaar Enabled Payment Service
Service Location/City India
Service Type Online
Technology Based on Latest Technology
Service Duration Working Hours
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Service Details

Powered by
YES Bank, ICICIBank, Fino Bank, Rbl Bank

Nasir Quraishi Pvt Ltd is the best company for Aadhaar Enabled Payment services. AEPS is a bank-led model which allows online interoperable financial inclusion transactions at PoS (MicroATM) through the Business correspondent of any bank using the Aadhaar authentication. AEPS allows you to do six types of transactions.

 

The only inputs required for a customer to do a transaction under this scenario are:-

  • Bank Name
  • Aadhaar Number
  • Fingerprint captured during enrolment.

 

Objectives

To empower a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled bank account and perform basic banking transactions like cash deposit, cash withdrawal, Intrabank or interbank fund transfer, balance enquiry and obtain a mini statement through a Business Correspondent

To sub-serve the goal of the Government of India (GoI) and Reserve Bank of India (RBI) in furthering Financial Inclusion.

 

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