AEPS - Banking-like Facility for All

AEPS money transfer services offered by Amazon ATM stores and other designated institution is a bank-led model that facilitates online interoperable financial inclusion at Micro ATMs.

Though, AEPS money transfer services are handy for all individuals, customers, and businessmen, but are particularly of immense help to those in the far away in the city suburbs.

It is simple to operate. All you need to conduct a transaction is:

·         Bank Name

·         Aadhaar Card Number

·         Finger print-authenticated at the time of Aadhaar enrollment, and

·         Pay the required fees for your transaction.

Money transfer through AEPS is safe and secured. It enables all people from all strata of the society to conduct domestic purchases/sales and receive dues money for their deals.

All they need to do is to approach a micro-ATM, provide Aadhaar number, choose the transaction, provide the bank name, authenticate and verify through fingerprints and or iris scan. Your transaction is completed-collect your receipt.

Besides AEPS money transfer services, you can deposit/withdraw cash, and make account balance inquiries.

Apart from enabling domestic monetary transactions, AEPS money transfer services help with the disbursement of government entitlements such as pensions and other social security benefits to the rightful individual.