Know About AePS
Know About AEPS .The AePS is one of the ways to withdraw/deposit and check the balance of your bank account without going to an ATM or your bank. It is an online service available at any authorized AePS service provider across India. They are present in mobile/DTH recharge shops, money transfer agents, small retailers, and online ticket booking agents. You have to mention the financial transaction you wish to avail and authorize by Aadhar-based biometric authentication (ABBA) with the vendor. The service provider does not charge any paisa from you; instead, they get a commission for every AePS transaction you make.
Shri Narendra Modi is Digital India‘s dream has come true when common people can do banking transactions paperless and cardless. Yes, all Indians are availing of digital payment services free of cost and with some changes. The AePS or Aadhar-enabled payment system is one of the financial inclusions which benefited the people living in rural areas. I have detailed it here in simple language to know you are eligible for AePS services PAN India.
Eligibility for AePS
You must be a permanent citizen of India.
Your age must be 18+ while opening a bank account and link AePS.
You can open a savings bank account with any nationalized and private bank in India.
After account opening, request your bank to enable AePS service.
You will get a confirmation via SMS or e-mail.
The moment your bank account is linked with AePS, you can get Government benefit scheme funds by the direct transfer system. Now, check with a nearby AePS agent and test cash withdrawal or depositing money with them. The agent will say yes if your thumb impression or iris scan is successful. If not eligible, the vendor will ask you to confirm with your bank.
Since 2015, every bank account has been opened with an Aadhar card. Later, everyone has to link their Aadhar card with their bank account. It does not mean you are eligible for AePS services PAN India. You have to give a physical written request at your branch to avail of this digital payment service. Visit www.digitaltrade hub.com for more details
Visit Digital Trade Hub to know more about digital payment services. It is a one-stop platform and an online payment/recharge/ticket booking service in India. It is advisable to read AePS services with your location name for the AePS business opportunities.
We suggest using the Digital Trade Hubs‘ digital services app and Portal for error-free AePS services.
The Digital Trade Hub is one of the fast-growing company emerged in digital payments after the Make in India and Digital India campaign in 2014. Their AePS platform is the best for start-ups and others to earn a good commission by serving AePS services to the needy Indians in India.
Visit Digital Trade Hub and register if you wish to become an AEPS Merchant
The existing small shop owners, startups, and others can become distributors or agents by registering on the Digital Trade Hub platform.
To download DTH Money App Click Here
You can reach DTH Customer care any time for further.