AEPS is safe and secure?
AEPS is safe and secure? Many of us still have doubts on AePS or Aadhaar-enabled payment system is safe or not? Yet, it is a very safe and secure way to withdraw money, deposit money, and check the bank balance of your AePS-enabled bank account. I have discussed here how safe and secure is AePS services in India.
Only Indians are Eligible for AEPS
The first point you must note is that any Indian Nationals are eligible to use AEPS services. To avail of this digital payment service, you have to open a bank account with your Aadhaar card in nationalized or any private banks offering AEPS. Thus, no other person can avail of this service apart from your presence with an authorized AePS service provider anywhere in India.
Aadhaar-based Biometric Authentication (ABBA)
When you approach an AEPS service provider, they authenticate your financial transactions like cash withdrawals, deposits, and checking bank balance via ABBA only. Thus, your physical presence is essential to scan your thumb with a scanner. Thus, only the AEPS registered Indian can use AEPS service from AEPS authorized vendors like money transfer agents, small shop owners, and travel agents by ABBA authentication only.
Business Correspondent (BC)
A BC makes the digital payments on AEPS. They are authorized agents of a bank and serve AEPS services in rural and urban areas. They are authorized AePS service providers and will not indulge in any scam with your bank details.
AEPS Authorized Service Providers
Many AEPS vendors are available in India in remote villages and rural areas. They get this digital payment service by registering themselves as an AePS agent. Check the Digital Trade Hub platform here now. Many start-ups and small shop owners earn a good commission by providing AePS services.
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.
We recommend Digital Trade Hub as one of the trusted AEPS service providers in India. Click their link here and register after registering as an AEPS agent. They give a higher commission with 24*7 Customer Support. Their Customer Support team will be available on Holidays Also.
To download DTH Money App Click Here
We hope your question about AEPS is safe and secure? got answered.
You can DTH Customer care any time for further.
