What can I Do with Aadhaar Pay?
Merchants can initiate transactions where customer can pay money using their Aadhaar no/ Virtual ID and authenticate it using their biometrics.
Where do I pay with Aadhaar Pay?
Customer can pay using Aadhaar number/ Virtual ID & biometrics at all merchant locations where Aadhaar Pay is accepted.
What Devices should be used by Merchant for Aadhaar Pay?
Authentication should be done by merchant using any Registered device like Micro-ATM/POS, mPOS, Kiosk, Mobile Handset.
AEPS is a bank led model which allows online interoperable financial transaction at PoS (Point of Sale / Micro ATM) through the Business Correspondent (BC)/Bank Mitra of any bank using the Aadhaar authentication.
Aadhaar Enabled Payment System (AEPS) is a sort of installment framework that depends on the Unique Identification Number and permits Aadhaar card holders to consistently make money related exchanges through Aadhaar-based confirmation. The AEPS framework plans to enable all areas of the general public by making budgetary and saving money administrations accessible to all through Aadhaar. AEPS is only an Aadhaar-empowered installment framework through which you can exchange reserves, influence installments, to store money, influence withdrawals, to make enquiry about bank adjust, and so forth. AEPS enables clients to make installments utilizing their Aadhaar number and by giving Aadhaar confirmation at purpose of Sale (PoS) or smaller scale ATMs . This is a straightforward, secure and easy to understand stage for money related exchanges. This is another activity taken by the National Payments Corporation of India (NPCI) to empower cashless exchanges in India.