AePS is a system of payment that is rooted in the Unique Identification Number and lets the users make easy and flexible financial transactions via Aadhaar based authentication. National Payments Corporation of India (NPCI) evolved this Aadhaar payment system to accredit the various sections of the society by building banking and financial services available through Aadhaar and encouraging cashless transactions in India.
The financial services (like balance inquiry and cash deposit) and non-financial services (like best finger detection and e-KYC) both can be performed under this Aadhaar enabled payment system. It is a quite flexible and secure mode of payment as it only needs customers’ Aadhaar number at the time of sale and a Best AePS API Provider Company.
It is secure because it provides the customer with the direct bank to bank transfer without any mediator and mentioning your bank details. No OTP, only the account holder’s fingerprint is requisite to make your Aadhaar enables payment. So, the Indian government made this initiative to aid the people living far-off places (rural areas) where banking services can’t reach. However, the government’s this initiative made a positive impact and made banking services possible at every corner of society through AePS API Providers in India.
Why This System Got Established?
- To empower the customers for using Aadhaar as their identity to easy access of bank account and further perform financial transactions.
- To outbid the target of RBI and the Government of India in carrying forwarding the financial institutions.
- To give a boot to the country with high technology API Provider Companies
- To facilitate the banks with more safe and secure financial transactions.
- To successfully build an Aadhaar enabled banking sector in India.
What Services Offered by AePS?
Banking Service:
- Cash Deposit
- Balance Enquiry
- Cash Withdrawal
- Mini Statement
- Authentication
- Aadhaar to Aadhaar Fund Transfer
Non-banking Services:
- e-KYC
- Best Finger Detection
- Tokenization
- Aaadhaar Seeding Staus
At What Limit AePS Does Work?
The government of India through AePS API Companies provides the customer safe and flexible payment system but with few transaction limits.
Limit to withdraw the cash from Aadhaar card in 1 day: minimum - ₹100 and maximum of ₹10000 (in some banks maximum ₹20000)
Now banks also restricted the transactions made by your account that is, 4 transactions in a month.
Which Is The Best AePS API Provider In India?
There are numerous AePS API Provider Companies providing service to the economy with their objectives and visions? Few of them are like ‘Softcare Infotech’, ‘Securion Skrill Solutions’, ‘Noble Web Studio’,’ RBP Finivis’ and many more are there.
RBP FINIVIS Pvt. Ltd. is one of the Best AePS API Provider Company In India offering a reliable and safest mode of payment for your ease and better financial transactions. RBP means Rural Banking Programme, and as its name itself depicture the main focus which is on the rural sector of the society. Our company ‘RBP FINIVIS’ made financial services possible and easy for the less developed and far-off areas where banking services were unable to reach earlier. We are putting our best with the efforts of our trained and expert staff to make India cash-free and modern. In accordance with the surveys, still approx. 51% of people are unaware of financial digitalization which indirectly becomes a disturbing factor for RBP FINIVIS. To reduce this issue we are maintaining and building our good relations with rural as well as urban areas through our fast and safe financial services.
Our company providing various services to the customers like AePS, Micro ATM, and DMT which was also introduced by Honorable Shri Narendra Modi in Prime Minister Jan Dhan Yojana in India. RBP Finivis having its vision to made India digitalized.
Why Prefer RBP Finivis?
Quality is everything we choose while purchasing. And here, RBP Finivis being the Best AePS API Provider in India offer its customers good quality banking products and services. You as a customer will get productive benefits by choosing us, benefits like:
- Safe and Quick Transaction
- 24x7 Service Accessible
