AEPS service providers in India do any scams?
Many Aadhar-enabled payment systems or AEPS-related scams were reported by consumers on Direct Benefit Transfer (DBT) of Governments beneficiary schemes for farmers and others.
Yet, they are not done by any AEPS authorized agents. They made use of the funds from local bodies during the Covid-19 lockdown. Thus, the fraudsters in government offices were inquired about and taken action on them. Thus, any AEPS registered Indians can trust AEPS service providers like money transfer agents, travel agents, small shop owners, and Mobile/DTH recharge shops serving AEPS. A misrepresentation like a scam can happen with a vendor on the below-mentioned grounds.
Technical Issues
The AEPS is one of the digital payment systems in India. A vendor needs an internet connection, a desktop/laptop/tablet, or a Smartphone to serve AePS-enabled bank customers. Thus, customers might report a vendor as a scam if they did not receive cash or transfer money that did not reach the receipt account. It is advisable to raise a complaint with your bank if it is caused due to technical error. Your money will get into your account if it is due to a technical error from the bank server side.
Manual Errors
The AePS service providers would have wrongly entered the amount and made the transfer. It is advisable to check and confirm the amount twice with the AePS service center before confirming the transaction by using your biometrics. You will get your money back by addressing it to your bank or receiving the money by requesting the recipient.
Note-
Before reporting an AePS service provider a scam, it is advisable to read fraud liability guidelines given by the National Payments Corporation of India (NPCI). You can get these details from your home bank branch, where you have linked with AePS.
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.
We recommend Digital Trade Hub as one of India’s trusted AEPS service providers. 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
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