aeps-aadhaar-enabled-payment-system: February 2020

Monday, February 24, 2020

aeps service provider company

aeps service provider company -

Cash Withdrawal – Mini-ATM
We offer the Aadhaar enabled payment services (AEPS). Now you can easily withdraw cash from your bank account without going to the bank. Go to any of the aeps merchant (registered on Paydeer) stores and withdraw the required amount of cash by just providing your Aadhaar number, bank name and thumb/finger impression.

Aeps is empowering a bank user to complete financial transaction without any debit/credit card or cheque book you can complete your transaction by using your aadhaar card(registered with your bank account) and biometric authentication.

Cash Deposit
Now you can deposit cash by using our service. All you need to do is give your Aadhaar number, bank name and thumb/finger impression. This facility is available in non-banking hours. Hence, it is easy to access at anytime.

Balance Enquiry
we also help you to check your bank balance in your accounts. just give your Aadhaar details, bank name and fingerprint, and you will get your bank balance detail on the screen.

AEPS Software & API integration services offer business owners to offer Aadhaar Enabled Payment System services through their web app portal or Mobile Application.

Paydeer enables the best margin api integartion for AEPS Service providers, same day onboarding facility with finger print KYC & Same day payment settlement on merchant account on request.

Aadhar Enabled Payment Services from Paydeer:
AEPS stands for Aadhar Enable Payment System powered by NPCI. We Noble Web Studio Pvt Ltd engaged with YES Bank for AEPS Services.

In AEPS Following Features are available :

1. Balance Enquiry
2. Cash Withdrawal
3. Cash Deposit
We are offering attractive commission on Cash Withdrawal and Deposit. Commission settlement on the same time in wallet and Next day in bank Account for Software Admin.

We are offering aeps software service of following banks :

1. AEPS Yes Bank
2. AEPS Icici Bank
3. AEPS Fino Bank
Apart from AEPS following services are also available by bank

1. BBPS (Bharat Bill Payment Service)
BBPS is centralized Bill payment powered by Government of India (NPCI) where all billers are available under single roof with name “BBPS”. We are offering best commission structure on BBPS. Approx 100 billers available as live in Bharat Bill Payment System.

Bharat Bill Payments System is an integrated online platform which is being developed by the National Payments Corporation of India for all kinds of bill payments. The platform intends to build an interoperable service through a network of agents, enabling multiple payment modes along with instant generation of receipts of payments.

2. DMT (Domestic Money Transfer)
YES Bank also offering Domestic Money Transfer Service with attractive commission structure. KYC user’s limit is Rs 2,00,000.00 per month and transaction of amount more that 25000 will be settled in beneficiary account with transaction amount of Rs 25000. Both NEFT and IMPS modes are available.

3. Travel (Bus, Flight and Hotel)
Bank also providing Travel services like Bus ticket booking, Flight ticket booking and hotel booking etc. Here also we are offering best commission for all services.

4. Wallet Load (Mobikwik Wallet Load)
We are also offering wallet load service where commission will be available on wallet load. If your agent refills a mobikwik wallet from software then you will get commission up to 0.75%.

5. UPI Payment Gateway
We are also offering UPI payment gateway where as a merchant you can collect payment from customer through UPI. Relevant surcharge will be applicable on transaction amount. Real time Settlement day.

6. E-Collect System
In E-collect system, when your agent pay some amount in your bank account for his wallet refill in current scenario he need to raise a request or inform you over call, but by using E-collect service, system will automatically credit your retailer’s wallet at the same time when amount credited in your bank account. There are no transaction charges for collecting payment through E-collect service. Setup charges and development charges will be applicable first time. This service will provide 100% accuracy and will remove man power for this particular stuff of manual wallet refill. Highly recommend if you have 100+ active retailers of team.

7. E-Payment System
To make payment to any one you login to your net banking account, add beneficiary and then after verification you transfer money to your biller or beneficiary. E-payment service is useful while you want to make payment to several persons in one shot without doing all this stuff. Most commonly if you want to pay AEPS withdraw amount to your retailers then it is really not possible to pay all of them daily via net banking account. Here in this service you just need to verify your identity in software via OTP and once you in, you can approve all agents withdraw request in one shot. Bank will schedule these transactions according to your choice (IMPS/NEFT/RTGS or YB to YB transfer). You just need to check request list and then you can process transactions to bank. Bank will initiate all these approved transaction to relevant beneficiaries within 15 minutes and will provide a report in software along with Bank reference number and status of transaction.

If you are paying to your partners on daily basis and number of payment transactions are more than 20 then this service is very useful for you.

Setup charge – as per yes bank.

Transaction charge Applicable (according to bank).

Development charge in software will be applicable along with annual AMC.

8. Micro ATM
Paydeer offers best Micro ATM service with software, mobile app and micro ATM devices. Best part of micro ATMs are best commission on cash withdrawal, portable device, easy to use. Micro ATM devices accept all bank cards and biometrics secure transaction for cash withdrawal. Micro ATM also known as mini ATM. It is differ then POS machine.

paydeer

web - https://paydeer.in/

Tag(s) : #aeps service provider company, #aeps, #Best aeps company, #aeps registration, #aeps free portal, #free aeps service, #best aeps service provider in india, #aeps service provider bank

Best Aeps Service Provider in india 2020

Best Aeps Service Provider in india 2020

In order to further speed track Financial Inclusion in the country, Two Working Groups were constituted by RBI on MicroATM standards and Central Infrastructure & Connectivity for Aadhaar based financial inclusion transactions with members representing RBI, Unique Identification Authority of India, NPCI, Institute for Development and Research in Banking Technology and some special invitees representing banks and research institutions.

The working group on MicroATM standards & Central Infrastructure & Connectivity has submitted its report to RBI. As a part of the working group it was proposed to conduct a Lab level Proof of concept (PoC), integrating the authentication & encryption standards of UIDAI, to test the efficacy of MicroATM standards and transactions using Aadhaar before they are put to actual use. The PoC was successfully demonstrated at various venues.

AePS is a bank led model which allows online interoperable financial inclusion transaction at PoS (MicroATM) through the Business correspondent of any bank using the Aadhaar authentication.AePS allows you to do six types of transactions.

The only inputs required for a customer to do a transaction under this scenario are:-

IIN (Identifying the Bank to which the customer is associated)
Aadhaar Number
Fingerprint captured during their enrollment

How to use AEPS?
Step 1: Go to a micro ATM or banking correspondent

Step 2: Provide Aadhaar number and bank name

Step 3: Choose the type of transaction you want to make

Step 4: Provide verification through fingerprint/iris scan

Step 5: Collect your receipt

Services Offered by AEPS
Cash Deposit
Payment Transactions (C2B, C2G Transactions)
Balance Enquiry
Cash Withdrawal
Aadhaar to Aadhaar funds transfer
Features & Benefits of AEPS
Easy to use
Safe and secure payment method
Interoperable across various banks
Encourages financial inclusion and serves the underbanked sections of society
Through AEPS, all bank account holders will be able to access their bank accounts through Aadhaar authentication
With AEPS, the only information required to initiate a transaction is Aadhaar number and biometric information
AEPS facilitates disbursements of Government schemes like NREGA, Social Security pension, Handicapped Old Age Pension etc. of any Central or State Government bodies using Aadhaar authentication.
How Does AEPS Work?
The AEPS machine works like a Point of Sale (POS) machine. Instead of a debit/credit card pin, the merchant will have to key in the customer’s Aadhaar number and authenticate the transaction using the customer’s biometric data.

You will require the following formation to carry out an AEPS transaction:

Bank’s Issuer Identification Number (IIN) or name
Aadhaar Number
Fingerprint

Best Aeps Service Provider in india 2020

Paydeer Best Aeps Service Provider in india In Aeps Industry.

From Paydeer

'"PAYDEER" Is A Brand Of CYBDEER NETWORK PVT. LTD. Paydeer is a B2B Recharge, Aeps, Vehicle Insurance, loan & Finance, Bill Payment, DMT, Portal offers his State Head/Master Distributor /Distributor/Retailer the facility of Online Recharge, SMS Recharge, and Mobile App (Android). Distributor/Retailer will get the Commission/Profit/Share on the every Servises. Our main aim is to provide best service to clients, our business is to grow yours. Many new services are on the way. Start work and services, which leads you towards success.''

visit us - https://paydeer.in/

Tag(s) : #Best Aeps Service Provider in india 2020, #Best aeps company, #aeps, #aeps registration, #aeps free portal, #aeps service provider bank, #aeps service provider company, #best aeps service provider in india

aeps transaction limit

aeps transaction limit -

NATIONAL PAYMENTS CORPORATION OF INDIA

All members of Aadhaar Enabled Payment System (AEPS), eKYC and
Card + PIN on MicroATM
Consolidated circular on switching fee/Interchange fee for AEPS, eKYC and Card + PIN
on MicroATM
It has been decided to consolidate the Interchange & Switching fee applicable to
transactions being initiated from micro ATMs/kiosk/end terminal. Although Interchange on
Aadhaar based transactions is being processed regularly, the switching fee will be applicable
from April 01, 2016.

A. Switching Fee on Aadhaar based transactions
Transaction Transaction Switching Fee
Transaction Type Code Description (excluding service f1
other applicable taxes)
AEPS UA ONUS/Authentication 10 paise ONUS/Authentication
05 Balance Enquiry
AEPS 01 Cash Deposit
OFFUS 04 Cash Withdrawal
25 paise
FC Fund Transfer
eKYC KY eKYC 25 paise
Demographic DM Demographic 10 paise Authentication Authentication

. i. NPCI will be levying switching fees only for successful transactions routed through us
(This includes financial and non-financial transactions).
ii. On-Us transactions are such where only Aadhaar authentication is being processed
through NPCI.
iii. Off-Us transactions are such where in addition to Aadhaar authentication, an
additional leg of transmitting the transaction need to be transmitted to issuing banks
and response thereto is communicated back to the acquiring bank.
iv. Maximum amount for AEPS OFF US Cash Withdrawal, Cash Deposit & Fund transfer
will be Rs. 10,000 per transaction.

B. Interchange Following interchange is prescribed for Aadhaar based transactions
Transaction Type Interchange Fee Interchange fee
Movement (excluding service & other applicable Taxes)
Balance OFFUS Issuer->Acquirer Rs 3/- per successful transaction Enquiry
Cash 1%of fund flow, subject to minimum Rs
Withdrawal OFFUS Issuer->Acquirer 5/- with a maximum cap of Rs 15/- per
successful transaction
1% of fund flow, subject to minimum Rs
Cash Deposit OFFUS Issuer->Acquirer 5/- with a maximum cap of Rs 15/- per
successful transaction
Fund Remitter-> 1% of fund flow, subject to minimum Rs
transfer OFFUS Beneficiary 5/- with a maximum cap of Rs 15/- per
successful transaction

C. Card + PIN cash withdrawal transactions on MicroATM
i. Only cash withdrawal transaction is allowed using card + PIN at MicroATM at
present, which is being routed through NPCI National Financial Switch (NFS).IBA
has also finalised the below points in various meetings:-
a) The upper limit for cash withdrawal transaction at MicroATM will be Rs. 10,000
per transaction.

b) Switching Fee will be as per NFS rule which is INR 0.45 paise at present for
successful transaction (Service & other applicable taxes are applicable on the
aforementioned switching fee).
ii. With effect from 1st April 2016, the interchange for Card + Pin cash withdrawal
transactions from MicroATM would be as under:
Cash withdrawal Amount Interchange from Issuer bank
to Acquiring Bank
(excluding service & other applicable Taxes)
Up to Rs. 2000 Rs. 2/-
Rs. 2001- Rs. 5000 Rs. 5/-
Rs. 5001 -Rs. 10000 RS.15/-
Member entities are requested to kindly take a'note of the same.
(Head- Financial Inclusion & New Business

From Paydeer

'"PAYDEER" Is A Brand Of CYBDEER NETWORK PVT. LTD. Paydeer is a B2B Recharge, Aeps, Vehicle Insurance, loan & Finance, Bill Payment, DMT, Portal offers his State Head/Master Distributor /Distributor/Retailer the facility of Online Recharge, SMS Recharge, and Mobile App (Android). Distributor/Retailer will get the Commission/Profit/Share on the every Servises. Our main aim is to provide best service to clients, our business is to grow yours. Many new services are on the way. Start work and services, which leads you towards success.''

website - https://paydeer.in/

Tag(s) : #aeps transaction limit, #Best Aeps Service Provider in india 2020, #aeps, #Best aeps company, #aeps free portal, #aeps registration, #aeps service provider bank, #aeps service provider company, #best aeps service provider in india, #free aeps service

best aeps portal

best aeps portal

High commission Aeps paydeer

High commission Aeps paydeer
PAYDEER AEPS
The only company that has the highest commission in India.
make the most money in aeps (Aadhar Enable Payment Systems) by connecting to paydeer.
paydeer gives aeps services to customer from Yes bank.
In the image you can check aeps commission

AADHAAR ENABLED PAYMENT SYSTEM (AEPS)

AEPS is a bank led model which allows online interoperable financial transaction at PoS (Point of Sale / Micro ATM) through the Business Correspondent (BC)/Bank Mitra of any bank using the Aadhaar authentication.

How to get it:

Provide KYC (Know Your Customer) information to open a new account
Aadhaar Number should be linked with bank a/c
Service Activation:

None
1-2 minutes post Aadhaar seeding
What is required for Transaction:

MicroATM
Remember Aadhaar
Give Bank name
Present self (Aadhaar holder) with Bio-metrics (Finger and/or IRIS)
Assisted mode
Transaction Cost:

NIL to customer
Merchant or BC may get charged or paid based on bank‘s discretion
Disclaimer: The transaction costs are based on available information and may vary based on banks.

Services Offered:

Balance Enquiry
Cash Withdrawal
Cash Deposit
Aadhaar to Aadhaar funds transfer
Payment Transactions (C2B, C2G Transactions)
Funds Transfer limit:

Banks define limit. No limit for RBI.
Disclaimer: The funds transfer limits are based on available information and may vary based on banks.

Cash Withdrawal – Mini-ATM
We offer the Aadhaar enabled payment services (AEPS). Now you can easily withdraw cash from your bank account without going to the bank. Go to any of the aeps merchant (registered on paydeer) stores and withdraw the required amount of cash by just providing your Aadhaar number, bank name and thumb/finger impression.

Balance Enquiry
we also help you to check your bank balance in your accounts. just give your Aadhaar details, bank name and fingerprint, and you will get your bank balance detail on the screen.

AEPS Software & API integration services offer business owners to offer Aadhaar Enabled Payment System services through their web app portal or Mobile Application.

Paydeer enables the best margin api integartion for AEPS Service providers, same day onboarding facility with finger print KYC & Same day payment settlement on merchant account on request.

From Paydeer

web - https://paydeer.in/

Tag(s) : #best aeps portal, #Best Aeps Service Provider in india 2020, #Best aeps company, #aeps, #aeps free portal, #aeps registration, #aeps service provider bank, #aeps service provider company, #aeps transaction limit, #best aeps service provider in india, #free aeps service

free aeps portal

free aeps portal

What is AEPS ?

Aadhaar enabled Payment System (AEPS) AEPS is commonly and widely known as Aadhaar Enabled Payment System. It was introduced by NPCI(National Payment Corporation of India) as its contribution to the Digital India Campaign. The transactions are carried out by a mini ATM or POS machine which is encrypted and authenticated by UIDAI. It allows for any merchant associated with any acquiring bank to service, to allow the merchant to accept payment from a customer of any bank, by authenticating the customer's biometrics – currently only fingerprints, directly from the customer's Aadhaar enabled bank account and receive the sale proceeds instantaneously directly into merchant's own bank account.Anybody who has an Aadhaar card linked to his/her bank account can avail this service and make the transaction without actually going to an ATM. Paydeer AEPS service helps in cash deposits and withdrawal and in checking the account balance. To be able to marchent the start service marchant must have an Android mobile with the Paydeer and a certified biometric scanner attached with the mobile phone on the USB port AND both the merchant and customer should have had linked their Aadhaar numbers to their bank accounts respectively cilint can be availed through Paydeer AEPS. Public Impact: People from the last 2-3 years in Tier 1 or Tier 2 cities are aware of the use of digital payments and there are many such companies which equip There merchants with Aadhaar ATM services but maximum companies services are very bad and documently unauthorised. Paydeer is start covering the AEPS market on own basis as per NPCI rules. Paydeer is best for you and your startup which is offering services in areas where ATMs are usually not functional or do not have enough cash.

Which Services You Can Use in Aadhaar Enabled Payment System?

By using Aadhaar enabled payment system, you can use all basic banking activities which are following

Cash Deposit
Cash Withdrawal
Fund Transfer
Balance Enquiry
Mini statement

What are the benefits of Aadhaar Enabled Payment System?

AEPS helps to create a cashless system
You can use banking activities using Aadhaar card
No need to remember PIN or Password
You can use banking services after the bank closed
Safe & secure online banking transactions
aeps

Key steps for AEPS transaction

Walk into a micro-ATM or the banking correspondent.
Provide your bank name and Aadhaar card number.
Choose which transaction you need to do and complete the transaction.
On successful transaction, you will get a print slip.
Provide the fingerprint on the scanner
From Paydeer

'"PAYDEER" Is A Brand Of CYBDEER NETWORK PVT. LTD. Paydeer is a B2B Recharge, Aeps, Vehicle Insurance, loan & Finance, Bill Payment, DMT, Portal offers his State Head/Master Distributor /Distributor/Retailer the facility of Online Recharge, SMS Recharge, and Mobile App (Android). Distributor/Retailer will get the Commission/Profit/Share on the every Servises. Our main aim is to provide best service to clients, our business is to grow yours. Many new services are on the way. Start work and services, which leads you towards success.''

web- https://paydeer.in/

Tag(s) : #free aeps portal, #Best Aeps Service Provider in india 2020, #Best aeps company, #aeps, #aeps registration, #aeps service provider bank, #aeps free portal, #aeps service provider company, #aeps transaction limit, #best aeps portal, #best aeps service provider in india, #free aeps service