Who could have thought, a few years back, that your Aadhar could be used as a medium for withdrawing money from your nearby Kirana stores! Now with the Pay1 merchant app, you can help your customers perform basic bank transactions like withdrawal and deposit. These transactions can be easily done with the help of a safe and secure biometric scanner available at your nearest Pay1 retailer outlet.
Aadhaar ATM Service Provider
Aadhaar Enabled Payment Systems (AePS) allows your customers to make hassle-free payments and secure withdrawals while also availing other banking facilities like balance enquiry, mini statement and others from their Aadhaar-linked accounts. As an AePS service provider, retailers and shop owners can gain additional commission while enabling their customers to gain access to services from the easily accessible location.
Understanding AEPS Apps
Aadhaar number is a unique identification number issued by the
Identification Authority of India (UIDAI) to citizens of India to avail several benefits. The
and payment services is a payment service/ system introduced by the National Payments
India (NPCI) to banks and financial institutions that use ‘Aadhaar’ for their KYC
With this system, citizens or customer can carry out commercial and non-financial transactions at BC point through their Aadhaar number, and perform several actions like:
● Aadhaar Card Money Withdrawal
● Cash Deposits
● Balance Inquiry
● Mini Statement
This allows customers to gain easy access to ATM facilities while getting the security of a traditional banking or financial institution. AePS services and systems use fingerprint/IRIS scan for biometric verification, ensuring high security for each transaction.
AEPS services to enable digital payments at your shop
Aadhaar enabled Payment Systems are exceptional not just for
your customers to avail easy-banking facilities but will allow you to provide digital payment
your customers. As an AePS service provider, retailers and businesses get their customers access
Aadhaar Micro ATM facilities, easy cash withdrawals and other payment facilities that can be
make payments easily. These services made available to every kirana shop and retailer gives
the added benefit to get financial benefits at their nearest location.
Additionally, retailers and shop owners can earn high commissions on each transaction, making it an excellent deal for everyone.
Become an Aadhaar Enabled Payment System (AePS) Service Provider
To become an AePS agent with Pay1 Merchant app, the process is
straightforward and easy. Simply download the app and register yourself as a Pay1 merchant, and
the AePS agent registration to get started.
AePS service providers make high commissions while enabling their customers to gain easy access to funds. This makes it ideal for your customers who can withdraw cash or use digital payment options without needing any debit or credit card. Equip your shop with services like mPOS, AePS scan and payment options, and get instant settlements on all the transactions. Support the government initiative for Digital India and digitise your shop. Delight your customers with a truly world-class experience and get added income via commissions with Pay1 AePS services.
Want to become a Pay1 Retailer? We have exciting services for you on our Pay1 Merchant application.