Aadhaar Enabled Payment System

Product Details:

Buy Aadhaar Enabled Payment System Agency Online
What is Aadhaar Enabled Payment System?The Aadhaar Enabled Payment System (AEPS) is a payment service that allows customers to use their Aadhaar number and biometric data as identification to perform basic banking activities with their respective Aadhaar enabled bank account.
Objectives of Aadhaar Enabled Payment System
To promote the use of the Aadhaar Card as a form of identification to perform basic banking activities such as balance enquiry, cash deposits, cash withdrawal, and other remittances that are either interbank or intrabank in nature.To increase the financial inclusion of individuals in the country.To promote the digitization of retail transactions.To route Aadhaar initiated interbank transactions through a clearing or switching agency.To use the Aadhaar as identification for disbursement of government entitlements, such as, the National Rural Employment Guarantee (NREGA), Social Security Pension, Handicapped and Old Age Pension, etc.To ensure safe and secure interoperability among banks across India.To expand the scope of Aadhaar Enabled Payments.Service Available Customers Using AEPSThe scope of AEPS is slowly expanding. Presently, the following are the banking services a customer can access under the AEPS:
Balance enquiry.Cash withdrawal.Cash deposits.Aadhaar to Aadhaar fund transfers.

Additional Information:

• Item Code: 100027
• Pay Mode Terms: T/T (Bank Transfer)
• Port of Dispatch: Online
• Production Capacity: Unlimited
• Delivery Time: 2-3 Days

Product Details:

Aadhaar enabled payment system

AEPS is (Aadhaar Enabled Payment System) backed by Govt. of India, RBI and NPCI. It is a part of digital India campaign In order to further fast track Financial Inclusion in the country, Two Working Groups were constituted by RBI on MicroATM standards, Central Infrastructure, & Connectivity for Aadhaar based financial inclusion transactions with members representing RBI, Unique Identification Authority of India, NPCI, Institute for Development and Research in Banking Technology and some special invitees representing banks and research institutions.

 

Hence, Aadhaar enabled payment system is the new genre of payment system. Yes, simultaneously, it has opened up so many window of opportunities for young entrepreneurs as well. So, if you are someone, who is looking for such an opportunity; Skypointindia has brought to you exactly that.

 

So, if you want to start the same, feel free and get in touch with us

 

 

Additional Information:

• Item Code: 10004
• Pay Mode Terms: T/T (Bank Transfer)
• Delivery Time: 3 days