aeps10/28/2024

AEPS: Transforming the Cash Withdrawal Landscape

AEPS: Transforming the Cash Withdrawal Landscape

Aadhaar Enabled Payment System (AEPS) has emerged as a game-changer for financial accessibility in India.

What is AEPS?

AEPS allows customers to:

  • Withdraw cash using only Aadhaar number and biometric
  • Check account balance
  • Receive government benefits
  • No ATM card needed

Key Benefits

For Customers:

  • No card, no PIN—just biometric
  • Available at BC points
  • Secure authentication
  • Simple process

For Business Correspondents:

  • Revenue opportunity
  • Serve unbanked customers
  • Build trust in community
  • Government-backed system

Radiant Acemoney AEPS Solutions

Our Micro ATM devices enable:

  • Multi-bank AEPS support
  • Instant transactions
  • Offline capability
  • Robust security

Empowering millions, one transaction at a time.