FinAePS
Aadhaar Enabled Payment Solution
Enable swift financial transactions between Aadhaar-linked bank accounts using our instant Aadhaar Enabled Payment Solution. Integrated with NPCI’s AePS, our solution effortlessly incorporates AePS functionalities into current banking applications.
It resides within the bank’s transaction switch, harmonizing with the Core Banking System, ensuring a secure and seamless payment journey for customers.
AePS is a bank-led model, which enables seamless financial transactions at POS (Point of Sale/Micro ATM) using Aadhaar Authentication. It empowers secure & swift payments, fostering financial inclusion and boosting user engagement.
Features
Easy to use
Safe & Secure Payment Method
Interoperable across various banks
Encourages financial inclusion and serves the underbanked sections of society
All bank account holders will be able to access their bank accounts through Aadhaar Authentication
The only information required to initiate a transaction is Aadhaar Number and biometric information
Empowering financial inclusion
Designed to cater to the demands of banks & financial institutions, our FinAePS Solution facilitates quick and secure transaction processing while seamlessly broadening the reach of AePS services to customers
