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.
#3: Ministatement
Mini statement :- In this option u can see the details of last five transaction of bank account .
#4: Aadharpay
Aadhar pay- By using this service, maximum amount of cash will be withdraw.