Aadhaar Enabled Payment System (AEPS)

About AEPS

The Aadhaar Enabled Payment System (AEPS) is a revolutionary banking service introduced by the National Payments Corporation of India (NPCI). It enables customers to carry out basic banking transactions using their Aadhaar number and biometric verification. AEPS eliminates the need for a debit card, signature, or PIN, allowing even those without traditional banking tools to access essential financial services.

With AEPS, users can perform operations such as cash withdrawal, balance inquiry, and mini statements by simply providing their Aadhaar number and authenticating with their fingerprint. It is especially beneficial in rural and remote areas where conventional banking infrastructure is limited, and digital literacy is still developing. AEPS bridges the gap by offering an accessible and secure method of banking to everyone.

The system supports the following services:

  • Cash Withdrawal
  • Balance Inquiry
  • Mini Statement
  • Aadhaar to Aadhaar Fund Transfer

AEPS is powered by secure architecture and real-time processing, making transactions fast, reliable, and efficient. It fosters financial inclusion by providing banking access to millions of unbanked citizens, helping them manage their finances without needing to visit a bank. As India moves towards a digitally empowered economy, AEPS plays a crucial role in transforming the banking experience for underserved populations.

AEPS Service