What are AePS Services?
No.1 Aadhaar Enabled Payment System (AePS) – Seamless Banking at Your Fingertips
The best Aadhaar Enabled Payment System (AePS) is a secure and efficient banking solution that allows customers to perform various banking transactions using their Aadhaar number as the primary identifier.
Spice Money brings the power of No.1 AePS services to your nearest Smart Banking Point, enabling hassle-free financial transactions anytime, anywhere. With AePS, Adhikaris (Spice Money merchants) can provide essential banking services to customers in rural and semi-urban areas, ensuring financial inclusion for all.
Benefits of Aadhaar enabled Payment System (AePS)
- Ease of Use: Simplifies financial transactions with a user-friendly design.
- Secure & Contactless: Ensures secure transactions using Face Authentication, Fingerprint, or IRIS scan. No PIN or card is needed.
- Empowers Underprivileged Communities: Provides access to essential banking services, fostering financial inclusion.
- Privacy Protection: Transactions are completed without revealing bank account details, ensuring privacy.
- Flexible Commission Plans: Choose the plan that suits your needs and earn more on every transaction.
- Reach in Remote Areas: Micro PoS devices bring banking services to underserved and rural regions.
AePS bridges the gap in financial access, ensuring a secure
and inclusive banking experience for everyone.
Features
Securely deposit and withdraw money using Aadhaar authentication.
Instantly check account balances with ease.
Stay updated with recent transaction details.
Process of Aadhaar enabled Payment System (AePS)
Login to the Spice Money APP
Tap on AePS and choose from Cash Withdrawal, Cash Deposit, Mini Statement, or Balance Inquiry.
Select the desired service and connect the biometric device.
Enter the customer's mobile number and Aadhaar number.
For withdrawal or deposit, enter the amount and select the customer’s bank.
Request fingerprint authentication and submit.
Transaction successful.
Key Highlights
