Cardless Secure Cash Withdrawal
Aadhaar-enabled Payment System (Aeps) is a safe, secure payment method provided by the NPCI that allows customers to withdraw cash and avail of other basic banking benefits such as balance inquiry.
- 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 enrollment.
Finkeda is AePS service provider company with a robust platform for the Aadhaar Payment System, which allows online interoperable financial transactions at PoS (Point of Sale). FINKEDA AePS Cash Withdrawal is often paired with an Aadhaar biometric device which is used to authenticate the transaction.
Aadhaar Fingerprint Scanner and Aadhar Iris Scanner are most used to authenticate the biometric information of a person.
Banking Services Offered by AePS
- Cash Deposit
- Cash Withdrawal
- Balance Enquiry
- Mini Statement
- Aadhaar to Aadhaar Fund Transfer
Other Services offered by AePS
- Best Finger Detection
- Aadhaar Seeding Status