Aadhaar Enabled Payment System (AEPS) is a payment service that allows bank customers to use their Aadhaar number and biometric authentication to perform basic banking transactions. These transactions include:
- Cash deposit
- Cash withdrawal
- Balance inquiry
- Intra-bank or interbank fund transfer
- Purchasing at fair shops
To start using AEPS, you need to link your bank account with your Aadhaar number. Then, you need to contact your bank to let them know that you want to start using AEPS.
Some of the top AEPS service providers in India include:
1. Digital Gramin Seva
Digital Gramin Seva is a leading provider of banking, government, and non-government services in India. The company was founded in 2019 by two entrepreneurs, Mr. Narayan Singh and Mrs. Kumari, with the goal of providing quality banking and financial services to the rural population of India. Since then, we have expanded our services to include government and non-government services. Digital Gramin Seva started its operations with a small team of 20 employees and has now grown to a team of over 200 employees.
We now have a customer base of over 1 million rural customers and we are constantly expanding our reach to new areas.
Digital Gramin Seva offers a range of banking services such as aadhar based payment system, cash deposit, money transfer, aadhar pay, and account opening. The company also provides government services such as filing of income tax returns, PAN card application, and passport application. Digital Gramin Seva also offers non-government services such as bill payment, mobile recharge, and utility bill payment.
2. Digital Seva Kendra
In this digital age, where everything in business has gone digital, we at Digital Seva Kendra provide an easy, efficient, and long term solution to all your multi utility payment, and other document needs. We abide by the digital India norms in the best possible way. Our main aim is to channelize the payments to the unified digital platforms where you get all the security and convenience. Our services range widely.
We provide an application for applying for a driving license, Passport, voter ID card, State certificate, AEPS (Adhaar enable payment system), etc. All these facilities are required at one time or another in life and some are even required at regular intervals. This is why we have made an application, a one stop solution that would take care of all your needs and would not need you to scour the internet to reach the form you need. You can rely on us for providing easy solutions to all your problems.
A strong determination to make India a financially inclusive nation is the driving force behind all our initiatives. We are determined to provide easy access to financial services to everyone, everywhere.
In this journey, we are joined by our committed retail community, our partners, who form the force multiplier to our initiatives. We are determined to ensure our retail partners grow and prosper in this digital age and together we contribute to a stronger India.
This determination to create a digitally forward and financially inclusive India forms the cornerstone of our brand DNA.
RapiPay is driven by a vision to grow and lead digital banking as a service in the country with its financial super App NYE. Whether you’re a consumer, a retailer, or an MSME, you can bank upon us. For consumers, we offer a wide suite of banking & financial services, and for businesses, we have assisted payment services, POS solutions, and MSME loans.
Bankit is a B2B fintech company that provides digital banking, financial, and payment services to people in rural and semi-rural areas of India. Bankit was founded in 2017 to help eradicate digital financial illiteracy among the underbanked and unbanked population of India. Bankit offers services such as:
- Money transfer to over 400 banks
- Aadhaar Enabled Payment System
- Bankit prepaid cards
- Bankit Mini ATM
Bankit also offers an app called Bankit Agent that allows users to start a banking and financial business.