BENIFITS
- Easy to use
- Safe and secure payment method
- Interoperable across various banks
- Encourages financial inclusion and serves the underbanked sections of society
HAPPI-PAY has come up with a service named AePS to encourage cashless transactions. Aadhaar Enable Payment System (AePS) is a payment service that allows customers to use Aadhaar as identity to access basic banking transactions like balance enquiry, cash withdrawl, mini statement. By the usage of this service, people need not have to carry their passbook or debit card for fund transfer purpose all they need is the unique Aadhaar number which is linked with their bank accounts and the fingerprints with which transactions can be made easily without facing any obstacles.