How To Use AePS Service- In this system created by National Payment Corporation of India (NPCI), digital transactions can be done by entering Aadhaar number and verifying with fingerprint.
New Delhi. After the introduction of UPI in the country, digital transactions have become very easy and popular. But, you cannot deposit cash in your bank account through UPI. The solution to this problem is Aadhaar Enabled Payment System (AePS). With the help of AePS system, the user can withdraw money, check balance, deposit money and transfer funds from Aadhaar to Aadhaar. This service allows the customer to do doorstep banking and avail the basic facilities of the bank without visiting any bank branch. To use all these banking services, the user only needs his Aadhaar number and biometrics. This means no hassle of remembering the PIN and no risk of getting scammed by OTP.
In this system created by National Payment Corporation of India (NPCI), digital transactions can be done by entering Aadhaar number and verifying with fingerprint. The special thing is that this method of transaction is also safe because it does not require giving bank details. It allows online transactions at ATMs, kiosks and mobile devices through Aadhaar authentication.
Who can avail the benefits?
The benefit of this service can be availed only by the Aadhaar holder whose Aadhaar number is linked to the bank account. If your account is not linked to the bank then you will not be able to transact money through this system. One Aadhar card can be linked to multiple bank accounts. You can use Aadhaar Enabled Payment System (AePS) by visiting the banking correspondent or by calling him at home and avail this service. Common Service Center (CSC) operators also provide this service. Banking correspondents are authorized by banks for digital transactions.
How to use this service?
If your bank account is already linked to Aadhaar then you do not need to do anything. You can call the banking correspondent to your home and do the transaction by entering your Aadhaar number in the mini ATM machine and scanning your finger or pupils. You can also do this work by visiting your nearest CSC center. If your bank account is not linked to Aadhaar then you will have to go to the bank branch.
