Benefits of AEPS : The Ultimate Solution for AEPS Agents
Ensured Pay: The Best Platform for AEPS Agents
AEPS stands for Aadhaar Enabled Payment System, a service that allows people to access their bank accounts using their Aadhaar number and biometric authentication.
AEPS agents are the ones who provide this service to customers, especially in rural areas where banking facilities are scarce.
By becoming an AEPS agent with EnsuredPay, you can earn a fixed monthly income based on the number of transactions you perform.
Ensuredpay is a platform that connects AEPS agents with banks and customers and provides them with training, support, and incentives.
How can AePS save you time and money?
AePS lets people use Aadhaar and biometrics to access their bank accounts. For example, it benefits everyone, such as:
1: Compared to other existing payment systems, the AePS Aadhaar-Enabled Payment System is more user-friendly.
2: You only need to provide your Aadhaar card number and biometric data. No other documents are needed.
3: It empowers the underprivileged section of society by providing them with easy and secure access to their bank accounts. This way, they can manage their finances better and improve their livelihoods.
4: Users are not required to provide their bank details to complete the transaction because their Aadhaar number and biometric data are enough to verify their identity and account.
5: Users can use their Aadhaar to authenticate and access their bank accounts via the Aeps system.
6: Submission of biometric data and Aadhaar numbers makes the AePS system the most secure payment system available.
7: Remote villages can have easy transactions with users using micro-POS machines that can be transported there.
8: You have the option to withdraw cash or deposit cash at any of the AePS agents or Emitra centers that are available.
9: You can save your precious time by avoiding the unnecessary hassle of going to the bank or standing in a long line.
10: You can use the AePS system to do various things like transfer money, withdraw cash, deposit cash, check your balance, and get a mini statement.
AEPS Aadhaar Banking System: The Power of UID for Financial Transactions
Aadhaar Enabled Payment System (AEPS) is a payment system based on the Unique Identification Number (UID) that allows Aadhaar cardholders to perform financial transactions with ease using Aadhaar-based authentication.
The AEPS system is a groundbreaking innovation in banking and finance, driven by the use of unique identification numbers (UIDs) instead of debit cards.
This system simply allows customers to make various financial transactions—including cash withdrawals, balance inquiries, and mini statements—by utilizing their UID.
The AEPS system aims to empower all sections of society by making financial and banking services accessible to all.
AEPS Facility: A Checklist of Requirements for Customers and Merchants
1: To use the AEPS facility, the customer will only need the Aadhaar card number as a unique identifier for authentication.
2: For the transactions to be successful, the customer’s Aadhaar number should be linked with their bank account in advance.
3: The account holder’s identity and eligibility will be verified by scanning their fingerprint or iris using a biometric device.
4: The agent who provides the AEPS facility should have a biometric device that is compatible with the UIDAI system and certified by the NPCI.
5: Agents can also keep micro ATM machines that can perform various banking services such as cash withdrawal, deposit, transfer, and balance inquiry using Aadhaar and biometrics.
6: The agent will also need a computer or mobile phone that can connect to the internet and access the AEPS portal or application.
Download Ensured Pay App and Launch Your AEPS Business Today
If you want to earn money by offering banking services to your customers, you should become an AePS agent with EnsuredPay.
It only takes a few minutes to sign up on their platform and get started.
You can enjoy the benefits of low investment, high commission, and secure transactions.
Join EnsuredPay now and launch your AePS business.