+91-8889596235 Support@moneymagnet.tech

AEPS (Aadhar Enabled Payment System)

AEPS Illustration

AEPS means Aadhaar Enabled Payment System, a replacement payment service offered by the National Payments Corporation of India to banks and financial institutions using ‘Aadhaar’. Aadhaar may be a unique number issued by the Unique Identification Authority of India (UIDAI). In banking AEPS means empowerment where the provider allows a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled checkivng account (AEPS service provider bank) and perform basic intrabank or interbank transactions.

AEPS means Aadhaar Enabled Payment System, a replacement payment service offered by the National Payments Corporation of India to banks and financial institutions using ‘Aadhaar’. Aadhaar may be a unique number issued by the Unique Identification Authority of India (UIDAI). In banking AEPS means empowerment where the provider allows a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled checkivng account (AEPS service provider bank) and perform basic intrabank or interbank transactions.

  • ● You can provide mini banking service at your shop
  • ● You can attract customers by single solution facility at one place
  • ● Easy to use
  • ● You can earn commission on each and every AEPS Transactions
  • ● Instant Activation
  • ● Offer complete banking solution to your customers
  • ● Balance Enquiry
  • ● Cash Withdrawal
  • ● Mini statement
  1. Bank Name
  2. Aadhaar Number
  3. Fingerprint captured during enrollment
It is a very easy and simple way to provide AEPS service
  • ● First you need to connect with Money Magnet
  • ● To join you have to click on the registration button above
  • ● After registration is complete, you will get Retailer ID password
  • ● You can provide AEPS service to your customers by logging in as soon as you get the ID password

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Money Magnet is to democratize digital payment solutions, ensuring accessibility and viability for all. Our suite of products and services is designed to streamline both B2B and B2C transactions, prioritizing safety and efficiency above all else.

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