Aadhaar Enabled Payment System (AEPS) is a type of payment system that is based on the Unique Identification Number and allows Aadhaar card holders to seamlessly make financial transactions through Aadhaar-based authentication.
AePS service enables the customer to use their Aadhaar card to access their Aadhaar-linked bank account and carry out basic banking transactions like withdrawals, deposits, balance enquiry, and bank transfers. These transactions can be easily done using a secure Biometric Scanner which is available with all retailers at PAYNOL with Digital Dukaan.
#1: Balance enquiry
BALANCE ENQUIRY- It's an Aadhaar based authentication service. By using this service, you can check the amount present in your bank.
#2: Cashwithdrawal Service
CASH WITHDRAWAL - The customer withdraw their money by using this service through Paynol platform. The retailers over there in urban and rural areas earn good commission by any banking transaction or withdrawal.
Mini statement :- In this option u can see the details of last five transaction of bank account .
Aadhar pay- By using this service, maximum amount of cash will be withdraw.