Aadhaar Enabled Payment System (AEPS) Service Provider

Aadhaar Enabled Payment System (Best AEPS Portal)


Aadhaar Enabled Payment system is a bank-led model created by the National Payments Corporation of India (NPCI) that allows the customers to use Aadhaar as an identity to do the financial transactions which work at the POS (Point of Sale) through UIDAI or Aadhaar authentication of the customer.


iServeU is the best DMT service provider and best AEPS Portal that aims to provide hassle-free banking service to the nation. Through the iServeU AEPS system, one can withdraw cash and enquire about bank balance using an aadhaar number and fingerprint. Aeps services have made life convenient and easy for the people.

  • The transaction can be done using the biometric scanner system. The bank account should be linked with the Aadhaar card number so that one can easily access it.
  • It is very much beneficial for local retailers and customers like if any of them wants to do the banking transactions then one can go to the nearby local retailer store and the retailer will connect the UIDAI certified biometric device with his computer or android smartphone and the customer can carry out the transactions.
  • The AEPS Portal allows Aadhaar card money withdrawal allows the customers to withdraw cash or transfer money to any bank account in India. With the help of the AEPS system, one can send funds from one bank account to another.

Aadhaar enabled Payment system transaction

Here are some of the steps of the Aeps transaction to know, if the transaction has been completed:

  • The Aadhaar Enabled Payment System portal doesn’t require any card nor any document, it only requires you to link your Aadhaar to your bank account, so that you can use its services.
  • Aadhaar number, Issuer identification number, and biometric fingerprint are required for the successful completion of Aeps Transaction.
  • Aadhaar number, bank name, and fingerprint are the minimum details required of a walk-in customer who wants to withdraw cash.
  • No need to provide additional bank details like account number, IFSC to the retailer.
  • No need of visiting a bank branch or ATM to withdraw cash. This ATM service is available at any authorized point of iServeU in India. The Aadhaar cash withdrawal service allows people to withdraw cash from their bank account without going to any bank. Now one can easily go to the nearby retailer shop and withdraw cash just by providing an Aadhaar number, bank name, and fingerprint verification.
  • The AEPS is available 365 days and there is also immediate settlement to the wallet and no extra charges for the customer because the aeps system allows the merchant to accept the payment. Aadhaar based payment system works at the point of sale and there is also a limit on transactions made through Aeps.

Charges of Aeps

AEPS exchange cost is nil for you as a client and you need not pay anything to profit from this administration. The Merchant or Banking Correspondent might be charged or paid upon the bank’s choice.

The exchange cost is separated between the accompanying areas: UIDAI charges an extremely negligible expense NPCI charge 15 paise to 25 paise for the settlement Banks may charge 1% of the specific exchange. The base charges are INR 5 and the most extreme are INR 15.

Scope of Aeps

AEPS is only an Aadhaar-empowered installment system with the help of Aeps you can perform numerous banking transactions interbank or Intrabank cash transfer, making cash withdrawals, saving money, enquiring about your bank balance, and so on. AEPS is straightforward, safe, and easy to use for all your transactions.

How to use Aeps

Aeps registration process:

Step 1: Visit the nearest banking correspondent in your zone. He or she should not have to be a correspondent from your bank only

Step 2: You would be required to enter your 12-digit Aadhaar number of the Unique Identity Number in your Aadhaar Card in the POS- Point of Sale machine.

Step 3: Choose the type of transaction you want to do- Cash withdrawal, Cash deposit, Intrabank or Interbank fund transfer, Obtain a mini statement, Balance Inquiry

Step 4: Select the name of the bank.

Step 5: Fill in the amount of the transaction

Step 6: Authenticate the transaction by giving your biometrics like a fingerprint.

Step 7: The transaction will be completed in no time, after which you can collect the respective receipt Aeps service provider company list Aeps is developed by the NPCI which allows the customers to do various transactions like cash deposit, balance inquiry, etc.

Aeps service provider company list

  • Allahabad Bank
  • Andhra Bank
  • Axis Bank
  • Bandhan Bank ltd

Aadhaar Payment bridge system

Aadhaar payment bridge system is one of the unique payment systems by NPCI. It uses Aadhaar number as an important key for electronically channelizing the

government advantages (benefits) and subsidies in the Aadhaar Enabled Bank Accounts of the intended beneficiaries.

Aeps White Label Portal

Aeps White Label means it has no label. You can name it by yourself as the brand name and logo.


Few facts about Aeps White Label:


o It is an excellent plan to bring your own AEPS

o Building up your own B2B portal encourages you to effortlessly create and maintain retailers.

o Money transfer

o Mobile recharge portal

Aeps aims to empower all sections of society by helping financially.

Key Highlights:

  • Aadhaar Enables Payment System (AEPS) provides facilities like government schemes and the handicapped old age pension. With the help of business, correspondent customers can carry out all transactions.
  • The AEPS software works on the POS (point of sale) which is easy to use, interoperable across various banks and payment method is safe and secure. It encourages and serves the underbanked sections of society.
  • Aeps service provider bank allows the customers to withdraw money only using Aadhaar ATM. There is no need to visiting a bank or ATM. There is no need for the debit card only with the verification of the Aadhaar number and fingerprint impression is required and anyone can transfer money immediately to their family and friend’s bank account.


How to Start AEPS Banking Service with iserveU?

AEPS is a bank-led model that allows online interoperable cash transactions at PoS (Point of Sale/Micro ATM) through the Business Correspondent (BC) of any bank using the Aadhaar confirmation. iServeU is providing AEPS services with multiple banks and users can start AEPS service with a finger authentication.

What are the services available under aadhaar enabled payment system?

iServeU Aadhaar enabled payment system provides easy cash withdrawal facilities, balance inquiry, and mini statement services.

How will the customer know that the aeps transaction has been successfully processed/completed?

The amount will be deducted from your bank account and you’ll instantly get the cash. After that, you’ll be notified with SMS on your registered mobile number.

Can I withdraw money using Aadhar card?

Yes, you can. Visit the iServeU agent and tell them your 12 digit Aadhaar number then authenticate your identity through Fingerprint.

What are the benefits of AePS service portal?

  • Safe & secure cash withdrawal process
  • Round the clock availability
  • Saves time & hassle-free
  • No need for documentation
  • Earn commission

Is it possible to link more than one bank account to your Aadhaar card?

Yes, you can add more than one bank account to your Aadhaar card. If two or more accounts are linked with the Aadhaar card then your primary Aadhaar linked bank will be used for the transaction.

What is Aeps cash withdrawal daily limit?

The AEPS cash withdrawal daily limit is Rs. 10,000.

Does the customer specifically need to register with his Bank to be able to transact through AEPS?

No, any person whose bank account is linked with their Aadhaar number is able to transact through AEPS.

How can I check my Aadhar card payment?

One can check Aadhaar card payment with the Aadhaar based payment system by providing Aadhaar number and self bio-authentication using biometric device. And also for this situation, it is prescribed to get your aadhaar status checked, for all your EIDs by tapping on check aadhaar status.

How do you get Aeps?

iServeU is a business correspondent, providing AEPS services to retailers/agents/partners. Register on our website to avail of the services.

How do I withdraw money from AEPS?

iServeU AEPS is quite easy to use. You need to provide your 12-digit Aadhaar number in the PoS Machine. Tell the authorized iServeU agent, the transaction type & the bank name. The agent will enter the amount and authenticate the transaction using your biometrics (fingerprint).  After the successful transaction, you will be notified with a receipt.

Aadhaar Enabled Payment System
Aadhaar Enabled Payment System