Aadhaar Enabled payment system is a bank led model which allows online interoperable financial inclusion transaction 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:-
1.IIN (Identifying the Bank to which the customer is associated)
2.Aadhaar Number
3.Fingerprint captured during their enrollment
Aadhaar Enabled payment system is a bank led model which allows online interoperable financial inclusion transaction 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:-
1.IIN (Identifying the Bank to which the customer is associated)
Mobile Prepaid
DTH
Fastag
Landline
Gas
Electricity
Water
Broadband
Mobile
Insurance
EMI
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