AEPS – Aadhaar Enabled Payment System

Cash withdrawal, balance inquiry, and mini statement using Aadhaar authentication—built for agents, retailers, and rural banking access.

What is AEPS?

AEPS enables interoperable banking services at retail points using Aadhaar number and biometric authentication. Customers can access their bank account for basic services without a card or passbook.

  • • Cash Withdrawal (CW)
  • • Balance Inquiry (BE)
  • • Mini Statement (MS)
  • • Aadhaar to Aadhaar Fund Transfer (AAFT)*

*Availability depends on sponsor bank configuration.

Why Anada for AEPS?

  • ✔ T+0 settlement options with clear reconciliation
  • ✔ Real‑time status, webhooks & alerting
  • ✔ STQC‑certified biometric support (e.g., Mantra MFS100/110)
  • ✔ Role‑based access, audit logs & KYB/KYC tooling
  • ✔ Simple dashboard + sandbox for testing

How AEPS Works

1) Initiate

Agent selects service (CW/BE/MS) and enters Aadhaar + bank (IIN) / VID.

2) Capture

Biometric capture via RD‑service device (L0/L1 compliance).

3) Authenticate

Request routed to NPCI switch; bank validates Aadhaar + biometric.

4) Settle

Transaction result returned; settlement posted to agent ledger.

Key Features

Bank‑grade Security

Encrypted APIs, RD‑Service integration, device whitelisting, and audit logs.

Realtime Monitoring

Dashboards, webhooks, and proactive alerts for uptime and success rates.

T+0 Settlement

Same‑day settlement windows and transparent fee statements.

Device Ready

Supports Mantra MFS100/110 and Android POS/micro‑ATM terminals.

Dispute Flows

Auto‑tracking for timeouts, reversals, and chargeback references.

White‑Label

Custom branding, domains, and role hierarchies for networks.

Who Can Use AEPS?

  • • Registered agents/retailers under a partner network
  • • KYB/KYC completed (PAN, Aadhaar, bank proof)
  • • Approved device + RD‑Service activated

Compliance

  • • Aadhaar authentication via RD‑compliant devices
  • • NPCI AEPS guidelines & sponsor bank policies
  • • Data protection, consent capture & audit trails

Settlement

T+0/T+1 options with multiple settlement windows. Detailed MIS and downloadable statements available in the dashboard.

Pricing

Per‑transaction fees with slabs for volume. White‑label and enterprise terms available. Contact sales for a custom quote.

AEPS FAQs

Do customers need a debit card?

No. AEPS uses Aadhaar number + biometric authentication linked to the bank account.

Which devices are supported?

STQC‑certified scanners (e.g., Mantra MFS100/110) with active RD‑Service; Android POS & micro‑ATM as applicable.

What happens if the transaction times out?

We auto‑track the final status via reconciliation. Reversals/chargebacks follow bank/NPCI timelines.

Is there a daily limit?

Limits are set by banks/NPCI and may vary by account and service type.

Launch AEPS with Anada

Onboard your agents, provision devices, and go live with clear SLAs and support.