Services
Basically, Aadhaar Enabled payment System (AEPS) provides many basic financial transaction services which are mentioned below.
Cash Withdrawal
By using AEPS service you can withdrawal amount directly from any of your bank account by using Aadhaar card and finger print authentication. Today this is easiest way for cashless transaction via Aadhaar card . You can withdrawal up to 10,000 per day via 5 transaction limit.
Cash Deposit
You can hand over your cash to your nearest AEPS service provider and the cash will automatically get deposit in your bank account.Select Cash deposit as transaction type and enter amount after selecting the bank. Your cash will automatically get deposit in bank.
Balance Enquiry
Now you can check your account balance details by visiting your nearest BC (business correspondent).To check balance enquiry, you need your Aadhaar card and bank name. You can check account balance details just in 3 steps by using AEPS service.
Mini Statement
Mini Statement Icom This is latest service launched by NPCI in which you can check your account mini statement details easily. You can export your last transactions details by using Aadhaar card through AEPS service.
Aadhar Pay
Aadhaar Pay services allow bank customers to withdrawal cash more then 10,000/- rupees in a day or we can say as hihjest withdrawal limit set by your bank. This is the most trending service today using for cash withdrawal in AEPS.
Micro ATM
This is the last but not the least. By using micro ATM, a bank customer can withdrawal cash using debit card.This is an electronic machine, integrated with biometric. You can swipe your debit card and can use fingerprint as authentication for transaction.