AEPS | Mini Bank

AEPS - CASH WITHDRAWAL

Aadhaar enabled Payment System (AEPS) is a secured payment method provided by the National Payments Corporation of India (NPCI) that allows Aadhaar linked bank account holders to avail basic banking services such as balance inquiry & cash withdrawal. Customers simply need to tell MINI BANK Retailer their 12-digit Aadhaar number and Aadhaar linked Bank name. Fingerprint authorization is done using a biometric device to avail the service.

Aadhaar Based Payment System

Aadhar enabled payment system is a bank led model which allows online interoperable financial transaction at PoS (Point of Sale / Micro ATM) through the Business Correspondent (BC)/Bank Mitra of any bank using the Aadhaar authentication.

MINI BANK is AePs service provider company has a robust platform for Aadhaar Payment system. Contact us, if you need AEPS Software or want to become a White Label Partner or may be a reseller or a merchant. We have end to end solution for AEPS, UPI, payment gateway and lots more. MINI BANK's AePS registration online is very easy and simple.Aadhaar fingerprint scanner and Aadhar iris scanner is most commonly used Aadhaar biometric device which helps to identify the person’s identity.

Benefits of AEPS for agents :

Benefits of AEPS for Customer

Offers cordless cash withdrawals via Aadhaar authentication by MINI BANK aeps app or portal.

Easy and secure way for cash withdrawal and balance enquiry service.

AEPS has been formulated for every section of the society, so that the rural communities as well as elderly people of the urban areas can utilize the fast and reliable basic banking service.

Any bank account holder or customer can access banking services by simply identifying their identity with the help of biometrics and Aadhaar numbers without having to remember the account number.

Interoperable across multiple banks.

Check and download mini statement.

Services Offered by AEPS

Cash Withdrawal

Balance Enquiry

Mini Statement

How to use AEPS?

The process of using AEPS is quite simple. Follow these simple steps:

Visit a MINI BANK outlet correspondent in your area. (It does not matter if you don’t remember your bank account can do transactions through AEPS).

Provide the 12-digit Aadhaar number & Bank name to the MINI BANK

Select transaction type - cash withdrawal or balance enquiry

Enter the amount of the transaction (as applicable)

Authenticate the transaction using biometric (fingerprint)

The transaction is completed in seconds.

The bank agent receives transaction receipt & customer receives an SMS confirmation from bank.

Mini Bank activates APES at very nominal prices and APES is very simple, secure and an easy-to-use platform for financial transactions. To use AEPS, users must link their bank account to Aadhaar