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AePS is a bank led model which allows online inter...

AePS is a
2021-07-13T12:33:07
Elite Forex Pvt Ltd
AePS is a bank led model which allows online inter...

AePS is a bank led model which allows online interoperable financial inclusion transaction at PoS (Micro ATM) through the Business correspondent of any bank using the Aadhaar authentication. To empower a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled bank account and perform basic banking transactions like cash deposit, cash withdrawal, through a Business Correspondent .The only inputs required for a customer to do a transaction under this scenario are:- 1. Bank Name 2. Aadhaar Number 3. Fingerprint captured during enrolment.

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