AEPS means 'Aadhaar Enabled Payment System'. Q) How does AEPS work? Aadhaar Enabled Payment System (AEPS) is a bank driven model, which permits online monetary consideration exchange at Micro-ATM through the Business reporter of any bank utilizing the Aadhaar verification.
AEPS means 'Aadhaar Enabled Payment System'. Q) How does AEPS work? Aadhaar Enabled Payment System (AEPS) is a bank driven model, which permits online monetary consideration exchange at Micro-ATM through the Business reporter of any bank utilizing the Aadhaar verification.
How to use AEPS?
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- Step 1: Go to a micro ATM or banking correspondent.
- Step 2: Provide Aadhaar number and bank name.
- Step 3: Choose the type of transaction you want to make.
- Step 4: Provide verification through fingerprint/iris scan.
- Step 5: Collect your receipt
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