AEPS (Aadhaar Enabled Payment System)
AEPS (Aadhaar Enabled Payment System)
AEPS is a secure payment method that enables banking transactions through Aadhaar authentication. Using just a fingerprint and Aadhaar number, users can perform basic banking services like:
- Cash Withdrawal
- Balance Enquiry
- Mini Statement
- Aadhaar to Aadhaar Fund Transfer
Friendspay brings AEPS to local retailers and agents, allowing customers to access banking services even in rural and semi-urban areas without needing a physical bank branch.