AEPS is nothing but an Aadhaar-enabled payment system through which you can transfer funds, make payments, deposit cash, make withdrawals, make enquiry about bank balance, etc. AEPS allows customers to make payments using their Aadhaar number and by providing Aadhaar verification at point of Sale (PoS) or micro ATMs .

Services offered by AEPS: -

• Withdrawal of cash
• Balance Inquiry
• Deposition of the amount
• Acquiring mini bank statement
• Transferal of funds from one Aadhaar-linked bank account to another Aadhaar-linked accounts

How it works?

A Global Pay CSP (Under ATRS INDIA PAYMENT SOLUTION PVT. LTD..)® correspondent will require the following hardware components & information:

• Biometric fingerprint scanner.
• After customer authentication/validation through biometric fingerprint scanner or an iris scanner, the transaction gets accomplished within seconds.