List of Best AEPS Service Provider Company in India

Best AEPS Service provider Company in India

What is Aadhaar Enabled Payment System (AEPS)

AEPS stands for aadhaar enabled payment system is type of payment system which allow customers for basic financial transaction activities like cash deposit, cash withdrawal, fund transfer and account details. AEPS service is announced and approved by National Payment Corporation of India (NPCI). The main motto behind the AEPS service was creating cashless economy in India. Customer can use these services by using their aadhaar card number and finger print impression and can perform all basic transactions.

What is Aadhaar Enabled Payment System App

The main objectives of aadhaar enabled payment system app are to provide basic banking transaction service to customers. In business manner this is also very beneficial; you can get facility of all basic banking transactions in interbank and Intra-banks. AEPS app facilitates basic banking transactions by using aadhaar number of clients and their finger print to perform action. So we can say at present aeps app is the best facility for business transaction without cash rotation.

What is Digital Payment

Digital payment also is the part of aeps service. If we talk about digital payment I have to go on work process of aeps service. In the aeps service process customers have to go on business correspondence (BC) for the banking actions. They required aadhaar number and finger print for the action. In this case they enter their aadhaar card number in the aeps app by which their bank account is connected, then after approval they have to use finger print as authentication or we can say as pin or code. Here Merchant sends all the details to NPCI and if all the details right and authenticated the transaction take place. So in this whole process no physical cash transaction occurs. Everything is done digitally, that’s why it is also known as digital payment.

AEPS Service Provider Company

If you want to start mini banking service at your shop or center you need AEPS software orAEPS app from any registered and authenticated AEPS service provider company.

I think you are little bit confused about aeps service provider company, like which company is good or not?

Here I try to solve your problem

Yes, it’s true

Definitely you want a company or a service provider which is best, which services is excellent, which support system is outstanding and which is approved and authenticated.

If you have the same desire regarding your AEPS service Provider Company, I would like to suggest you a company which fulfill all these desires. I am talking about Ezulix software which is the best aeps service provider company in India. Over the last few years ezulix software is most emerging company in India in recharge and app development.

What We Provide

Ezulix software is one of the best AEPS software provider company in India. AEPS software allow cash withdrawal or balance inquiry service for the bank customers and admin of software will earn commission on each cash withdrawal transactions and admin of software can distribute AEPS transaction amount for their register agents in real time in e-wallet and (T+1) in bank account because Ezulix Software provides bank settlement in real time in e-wallet and (T+1) in bank account to the software admin. Here agents also get the commission by the customer’s transactions.

So we can say this is the best business opportunity which is growing very fast now days. All the transactions being online or we can say cashless through this AEPS software. We are the best AEPS Software provider company in India which provides funds in real time in e-wallet.

How Agents can register for AEPS Service

Earlier agents had to register for AEPS service by submitting manually KYC and they have to wait for approval but now we have upgraded the system. Now agents can register for AEPS service through e-KYC process. In this process now agents only have to use their finger print using biometric machine and they can easily register by approval of biometric scan machine.

Conclusion

You can start your aeps service today with us. We are best aeps service provider in India.  I hope this article definitely help you to understand aeps business. Contact us today to get offers on mini banking service and earn highest commission on each aeps transaction.

Benefits of Using AEPS Service as a Service Provider

AEPS Service

Aadhaar Enabled Payment System Service

Aadhaar enabled payment system (AEPS) is type of payment system which allow user for transaction and payment services like cash deposit and cash withdrawal. This service is developed by National Payment Corporation of India (NPCI) in January 2016. The main aim of this service is to provide cashless transaction facilities especially for those who enable to go bank or ATM-like in the village any other places where bank or ATM is far away. Making cashless India was the dream of PM Modi government behind this service.

Now I come to point…

Here you can avail AEPS Service from the Ezulix with the help of our system; you can perform basic transactional activities like deposit and withdrawal by your aadhaar card number and fingerprint impression.

Benefits of Using AEPS Services as a Service Provider-

• You can provide mini banking service at your shop
• You can provide facilities for customer
• You can attract customers by single solution facility at one place
• You can earn commission on each and every AEPS transactions
• Offer complete banking solution to your customers

Benefits of Using AEPS Service as a Customer-

• You don’t need to go Bank or ATM
• No need to remember any code or password
• AEPS service is easy and simple to use
• You can perform basic financial activities after banks closed
• You only need aadhaar card number and finger print for transactions
• You can use this service at any nearby retailers shop
• AEPS service is safe and secure to use

Ezulix is one of the fastest growing financial services platforms in India which provides the single stop solutions like AEPS service, mobile recharge service, money transfer service, mobile recharge API provider with best commission, ticket booking, hotel booking and bill pay service etc. to their customers. You can contact to your nearest retails to get all services at one place.

And you can also contact us if you want to join us as Retailers, Distributors and master distributors.

Conclusion-

So these are the basic benefits of AEPS service for the service provider as well as customers. Ezulix provides best aadhaar enabled payment system software in India. If you want to start your own business at your shop you can contact us for the best and effective single stop solution and can increase your income.

Do you want to learn more about AEPS service and how can you start your own AEPS service at a small retail shop and which company offers the best AEPS software with Integrated API visit my blog now. 

AePS: Aadhaar Enabled Payment System | Cashless Society

Aadhaar Enabled Payment System (AePS)

How to Use Aadhaar Enabled Payment System (AEPS): –

•  Go to micro ATM or any bank correspondent (BC) or any shop or centre which have this facility.
•  You have to provide your aadhaar Identity number and bank name .
•  After detailed unique identity number, choose which action you want to perform.
•  Provide verification code as finger print impression through biometric scan machine which is connected to AEPS App or AEPS software.
•  If your finger print approved, your action will be performed .
•  Collect your receipt for your performed action.

So basically these are few simple steps which are done for any basic financial action. This is simple, user friendly and secure action which makes this system more reliable. 
But do you know how really this system works, surely this question is hitting in your mind. Don’t be worry, I am here to solve your query, Keep reading.

How Aadhaar Enabled Payment System (AEPS) Works?

Whenever any customer go to micro ATM or any Business correspondent (BC) or any shop or centre which have this facility through AEPS software for any type of transaction. He/she provide unique identity number and bank name for initial action and finger print impression for authentication to the BC. Here BC shares these details with NPCI (National Payments Corporation of India) which check the ID and UIDAI (Unique Identification Authority of India) to confirm the customer identity. It also check funds of connected account and perform the action. So this is the root process of Aadhaar Enabled Payment System (AEPS).

Which Services Provided in Aadhaar Enabled Payment System (AEPS)?

Basically, Aadhaar Enabled payment System (AEPS) enables us many basic financial transaction services which are following-

•  Cash Deposit
•  Cash Withdrawal
•  Fund Transfer
•  Balance Enquiry
•  Payment Transaction (b2b, b2c)

These are all actions which you can perform through this Aadhaar enabled payment system (AEPS) service.

Feature and Benefits of Aadhaar Enabled Payment System (AEPS)

Now we know what this AEPS service is, how can we use it and how it is works. Here we learn the main feature and benefits of aadhaar enabled payment system (AEPS) which makes it so reliable.

•  First of all this is the very simple to use
•  This is the safe and secure process
•  Its login and logout is the best as security features
•  Every account has unique identity which makes it reliable
•  Interoperable across various banks
•  You only required unique aadhaar card number and biometric identification to perform action
•  3D code verification and OTP system integration
•  Secure payment gateway by integrating API

So basically these are the top security features and benefits of Aadhaar enabled payment system (AEPS) which makes it safe, secure and user friendly and simple to use.

Keep Reading: Aadhaar Enabled Payment System

Aadhaar Enabled Payment System's Security Features and benefits

Aadhaar Enabled Payment System (AEPS) Service

Aadhaar enabled payment system (AEPS) is the most popular mini banking service over the last few years. This service solved most of the banking service problems. Through AEPS service we can transfer funds, check bank balance and get the mini statement. In short, we can say that this is the service through which we can perform most of the basic financial actions without going bank or ATM.

Why Aadhaar Enabled Payment System is Safe and Secure

The biggest reason behind the success of aadhaar enabled payment system (AEPS) is its security feature. Yes. This is the most secure system for any type of banking action.  this strength makes it the most reliable system to use without any fear of loses.

But ever you think about why it is so secure?

I tell you briefly about this topic, its start from the initial days of its invention. As we now Aadhaar enabled payment system (AEPS) based on individuals aadhaar number. Indian government links all the bank accounts to individuals aadhaar number. Now if anyone wants to do any financial action through aadhaar enabled payment system service, he has to go to any shop and use his aadhaar number and his thumb impression which is the most unique thing in the world, which makes this service very safe.

Along with this, there are many security features of aadhaar enabled payment system which are following-

• It has log in and log out system
• The individual registration system, everyone has to register to use this service means everyone has their unique ID
• 3D code verification and OTP system integration
• Maintenance of MAC and IP based security
• Integration Captcha in aadhaar enabled payment app
• Secure payment gateway by integrating API

So basically these are top security features of aadhaar enabled payment system which makes it safe and secure to use. Ezulix software is the best aadhaar enabled payment system software provider company in India with AEPS API.

What are the Benefits of Aadhaar Enabled Payment System

If I talk about the benefits of aadhaar enable payment system, it would be a very wide topic so here I will talk about only the top benefits of aadhaar enabled payment system. First of all if I come to basic benefits it facilitates us with basic banking financial actions like funds transfer, cash deposit, balance inquiry and you can also get complete mini statement of your account.

Along this biggest thing is that you have no need to find any bank or ATM machine nearby you. Yes, this is the unique features or we can say biggest benefit of it. You can perform anyone of financial action from anywhere, you need only your aadhaar number and thumb impression through mini thumb scanner with is integrated with AEPS application.

Conclusion

So here I wrap up this topic here. These are top security features and benefits of aadhaar enabled payment system (AEPS) which makes is safe and secure to use. You can use this service to run properly your business by solving some financial actions. Most of the businesses are adopting this service and getting benefits. Keep in touch for more interesting blogs.

Aadhaar Enabled Payment System | AEPS Software For Mini Banking

Aadhaar Enable Payment System

Best Aadhaar Enable Payment System For Business| Aadhaar Payment System

AEPS Stands for aadhaar enable payment system, a new launch technique under digital India project which makes easy cashless transaction. Before study that what is AEPS software and how it works, we learn about what is Aadhaar?

What is Aadhaar | What is Aadhaar Number

The unique identification authority of India (UIDAI) a central government agency of India collected all the data of people who live in India and then stored in a centralized database it means we can say our all data is stored like a very huge pen drive.

Against this data, the government provides us a 12 digit unique identity number for every person it works like the green card in the US. This 12 digits unique identity number is known as Aadhaar number and this issued card is known as Aadhaar card which is the biggest identity at this time in India. All your document are connected to aadhaar card means if you have aadhaar card, you are not required any other documents.

How Aadhaar Helps in Cashless Transaction

The main Moto of digital India project is to make all the business transactions cashless which helps to stop black money storage. For this great project, the Indian government first stored all the data and issued Aadhaar card and then connected it to the bank accounts of individuals.

Now Indian citizens can make all the transaction cashless without using credit or debit card, no smartphone required, and no need to learn any password or pin code.

Yes, this is true

Indian central government launched an app “Aadhaar Pay” which required Aadhaar number and biometrics to make payments. The main aim of aadhaar payment app is to increase digital transactions among merchants in the country.

How AEPS Works

Aadhaar enabled payment system is the payment system which helps bank customers to using basic financial services by using aadhaar identification number. AEPS service is the new age of cashless banking service which is approved by Reserve Bank of India (RBI) which makes easy cashless transaction by using Aadhaar number authentication.

But do you know how AEPS works?

Now we will learn point vise how AEPS works-

Step1- First of all merchants needs to download an application on the Android smartphone which is connected to the biometric scan machine.

Step2- After downloads the app, now merchants would be registered on the app and connected it with the individual bank accounts where they want to receive payments from customers.

Step3- If customer want to make a payment, he just needs to type his aadhaar number in the app

Step4- Linked bank name will open, now the customer will select from linked banks and merchant will enter an amount.

Step5- Now app required a biometric scan of the customer, here biometric works as password if the biometric scan is right, your transaction takes place into merchants account.

Get Your AEPS Amount in Your Bank or E-Wallet

Learn More: Get Aadhaar Enabled Payment System with Integrated API

What is AEPS | How Aadhaar Enabled Payment System Help To Grow Business

Role of Aadhaar Enabled Payment System for Banking Transactions

Aadhaar Enabled Payment System is a payment service empowering a bank customer to use basic financial services (cash deposit, balance inquiry, cash withdrawal, and remittance) through Aadhaar Number Authentication. AEPS, a new age banking service has been approved by the Reserve Bank of India (RBI). The AEPS allows transactions using biometric authentication to identify aadhaar number which is the link with a corresponding bank account and enables a person to carry out the financial transaction on a micro-ATM provided by a banking correspondent. It is a unique and innovative system that allows trader/merchant to collect a payment, operate as mini ATM for cash withdrawal, deposits, fund transfer and balance inquiry using Aadhaar Enabled Payment System.

Now we learn what AEPS service you can offer to your customers by using AEPS Software. 

Advantage of AEPS Service

1. The AEPS is empowering a bank customer to use AADHAAR number to access his/her bank account and perform basic banking transactions that are intra-bank or interbank in nature through a business correspondent.
2. Aadhaar enabled Payment system is secure and easy to use the platform to avail benefits by using Aadhaar number & finger prints.
3. Aadhaar enabled Payment system is based on the Aadhaar number or biometric information of an individual, it eliminates the threat of any fraud and non-genuine activity.
4. Aadhaar enabled payment system (aeps) allows online interoperable financial inclusion transaction at pos (micro atm) through the business correspondent of any bank using the aadhaar authentication.

Learn More: Addhaar Enable Payment System