New Delhi: National Payments Corporation of India (NPCI), the umbrella organization of all retail payments system in India, in collaboration with Unique Identification Authority of India (UIDAI) offers “Aadhaar based Remittance Service (ABRS)” to the people having a genuine Aadhaar card.


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Aadhaar Enabled Payment Systems or AePS is a bank led model which allows online interoperable financial inclusion transaction at PoS (MicroATM) through the Business correspondent of any bank using the Aadhaar authentication. AePS allows you to do six types of transactions


Check the list of Banking Services Offered by AePS


Cash Deposit


Cash Withdrawal


Balance Enquiry


Mini Statement


Aadhaar to Aadhaar Fund Transfer


Authentication


BHIM Aadhaar Pay


 


Other Services offered by AePS:


eKYC


Best Finger detection


Demo Auth


Tokenization


Aadhaar Seeding Status


The only inputs required for a customer to do a transaction under this scenario are:-


Bank Name


Aadhaar Number


Fingerprint captured during enrollment.


Step by step process to transfer money by Just Using Aadhaar Enabled Payment Systems (AePs)


Visit your local banking correspondent


Enter your Aadhaar number in the PoS machine


Select the transaction type


Enter the bank’s name


Enter the amount you choose for transaction


Now, provide your biometrics to confirm the payment


You will get a receipt after your transaction is successful


Aadhaar card holders will not need to remember/make multiple inputs for initiating financial transaction while using Aadhaar Based Remittance System. Input only one number i.e. Aadhaar card, and all your banking needs can be solved. Aadhaar Based Remittance System can be utilized for Instant transfer of various government benefits.