Important Notice:

Course Content
Digital Financial Tools & Application (Chapter-8) M1-R5.1/CCC
About Lesson

AEPS (Aadhaar Enabled Payment System):-

       Aeps is a secure payment platform for financial transactions based on Unique Identification Number that enables a user for the cashless transactions. This system developed by the National Payments Corporation of India allows the user to perform necessary banking transactions like balance enquiry, cash deposit, cash withdrawal and remittances through a Business correspondent.

         The following services offered by AePS are available in both inter-bank and intra-bank modes:

  • Cash withdrawal

  • Cash deposit

  • Balance Enquiry

  • Aadhaar to Aadhaar Fund Transfer

  • Mini Statement

error: Content is protected !!