AEPS Services
What is Aadhaar Enabled Payment System (AePS)?
Aadhaar Enabled Payment System (AePS) has emerged as a revolutionary financial inclusion tool in India, and Globalhints® have played a pivotal
role in bringing this service closer to the masses.
AePS is a secure and user-friendly platform that allows individuals to access a range
of banking services using their Aadhaar number and fingerprint authentication.
Globalhints®, which are typically government-authorized service centers at
the grassroots level, have become vital in extending these services to rural and
remote areas.
AePS is a type of payment system that is based on the
Unique Identification Number and allows Aadhaar card holders to seamlessly make
financial and Non-Financial transactions through Aadhaar-based authentication.
The AePS system aims to empower all sections of the society by making financial and banking services available to all through Aadhaar.
Aadhaar Enabled Payment System (AePS) allows a bank customer to use Aadhaar as his/her identity to access his/her
Aadhaar enabled bank account and perform basic banking transactions like
Cash Deposit, Cash Withdrawal, Aadhaar to Aadhaar Fund transfer, balance enquiry
and Mini statement through a Bank branch channel & Business Correspondent (BC) outlet.
Furthermore, Globalhints® also assist individuals
in enrolling for Aadhaar, updating their Aadhaar details, and
linking their Aadhaar with bank accounts, ensuring seamless access to AePS services.
This integration of technology and local service centers has not only improved financial accessibility but also empowered individuals to participate actively in the formal banking system, fostering economic growth and stability in the process.
AePS, through Globalhints®, continues to bridge the gap between rural and urban financial services, making financial inclusion a reality for all.
