How Aadhaar-Enabled Payment System (AePS) Works?
Link Aadhaar to a bank account, using biometric data like
fingerprints or iris scans.
Local agents equipped with
handheld devices serve as Micro-ATMs.
Users initiate transactions with
Aadhaar details and biometric scans
AePS offers cash withdrawals, balance checks, and fund transfers.
Empowering the Unbanked:
AePS extends banking to remote areas, bridging gaps in financial access.
Quick balance inquiries help users make informed financial decisions.
Users can send money securely to other Aadhaar-linked accounts.
financial inclusion, empowering the underserved.
It facilitates government benefit distribution, minimizing leakage.