Can I send money from my bank to another?

No we can only send from wallet to bank with Money transfer services. Numerous banks permit free bank-to-bank moves in case you’re shipping off another record that you own. You will simply need to connect the two records. When you make the connection, you would then be able to send cash effectively between the two banks. Note that bank-to-bank moves can take a couple of days to measure.

How can I start a money transfer business in India?

One can start money transfer business in India through PAN India with domestic money transfer distributor. Online cash settlement business arrangement is exceptionally simple. You simply need one shop of any estimate and have moment cash move specialist entry. Gather the cash from the sender in real money, embed the beneficiary’s record data, enter the cash and press the send button.

How can I send money instantly to my bank account?

one can send money instantly to bank account using the domestic money transfer service app from iServeU. A bank move happens when you send cash electronically starting with one financial balance then onto the next. They can be made to a record, regardless of whether it’s a current, sparing or business account, making it a straightforward and brisk approach to help loved ones or pay providers, school expenses or different bills.

How to Start AEPS Banking Service with iServeU?

AEPS is a bank driven model which permits online interoperable monetary exchange at PoS (Point of Sale/Micro ATM) through the Business Correspondent (BC)/Bank Mitra of any bank utilizing the Aadhaar confirmation. iServeU is providing AEPS services with two banks and user can start AEPS service with self-authentication.

What is AEPS cash withdrawal daily limit?

The daily limit of Aadhaar cash withdrawal depends upon the bank (total- 50,000 per day). AEPS is only an Aadhaar-empowered installment framework through which you can move reserves, make installments, store money, make withdrawals, make enquiry about bank balance, and so forth.

one can get to use Aeps software by self registration or onboarding for aeps service with iServeU. AEPS is a bank driven model which permits online interoperable money related exchange at PoS (Point of Sale/Micro ATM) through the Business Correspondent (BC)/Bank Mitra of any bank utilizing the Aadhaar validation.

How to start BBPS service with iServeU?

iServeU is a service provider for BBPS. We provide BBPS Admin Portal with AEPS, DMT, and Recharge Services. You can register yourself with iServeU and avail of our services.

What is the timing for the BBPS transaction?

BBPS Transaction services are available round the clock and 365 days including all public holidays.

You can visit the iServeU online portal (www.iserveu.in) and select the BBPS bill-payment option and choose the category of the bill payment.

Aadhaar ATM | Aadhaar Enabled Payment System | AEPS

Aadhaar ATM: One Easy Solution for Every Transaction

November 15, 2019 by noreply@iserveu.in

ATMs have been around us for quite a long time now. Did you know that the first one in India came around 1987! And to be very honest, in these last 32 years, there had been no major changes to the fundamental model of an ATM. When ATMs were introduced, they solved a huge problem of availing instant cash to the public without any direct involvement of any typical banking process. People were able to avail cash anytime just by using their credit or debit cards from the nearest ATM kiosk, Though the invention served many financially literate people in the last three decades the usage has been only limited much of the urban population. Rural masses couldn’t get much of it due to a lack of financial literacy and complexities that came with it. However, that is not the case anymore, at least not with ‘Aadhaar ATM’.

When iServeU was founded, its key goal was to bring products and services that will solve the problem of financial inclusion in rural masses. To provide a hassle-free banking service to a nation at the need of the hour, iServeU came up with a revolutionary product that became a breakthrough in personal banking – Aadhaar Enabled Payment System. AEPS or Aadhaar ATM is the most convenient way of making basic transactions like cash withdrawal and balance inquiry by just using Aadhaar Card and Fingerprint. That’s it! No more bank visits or hunting of ATMs, No need of IFSC code or any account number, just your unique Aadhar Number and fingerprint will do your transactions without any additional costs! iServeU has partnered with RBL bank limited to take the service to a maximum number of people, especially in the rural masses. The service is so simple and reliable that people who find it difficult to remember security pins or go through hectic banking procedures like senior citizens, differently-abled etc. can also get the hold of it.

Aadhaar ATM is a safe facility with biometric authentication that enables instant and secure transactions at the tip of your fingertips. It is a small but essential step towards the dream of bridging the financial gap between the institution and the masses. For more details contact us here.