Aadhar Enable Payment System

Aadhar Enable Payment System

It is also used for directing interbank ATM transactions and Interbank Mobile Payment Service (IMPS). The Aadhaar Enabled Payment Method (AEPS) enables transactions using Aadhaar and biometric authentication and empowers an individual to carry out a financial transaction on a micro-ATM offered by a banking correspondent.

It would facilitate disbursements of government entitlements like NREGA, social security pension, handicapped, old age pension, etc, of any state or central government bodies, using AADHAAR and authentication thereof as encouraged by UIDAI. Another important goal AADHAAR Enabled Payment Method (AEPS) serves is to facilitate interoperability across banks in a safe and protected method. AADHAAR Enabled Payment Method (AEPS) allows online interoperable financial inclusion transaction at PoS (MicroATM) through the Business correspondent of a bank using the AADHAAR authentication.


The aim of AADHAAR Enabled Payment System (AEPS) is to empower a bank client to use AADHAAR to get his/her AADHAAR -- empowered bank accounts and perform basic banking transactions which are intra-bank or inter bank in character by means of a company correspondent. It serves another important goal of RBI in the electrification of retail payments. It would enable banks to route the AADHAAR -initiated interbank trades through a central switching and clearing agency.

Services Enabled with AEPS

  • Cash Deposit
  • Money Withdrawal
  • Fund Transfer
  • Balance Inquiry