AePS
| Definition | : | Aadhaar enabled Payment System |
| Category | : | Business » Banking |
| Country/Region | : | India  |
| Popularity | : |
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What does AePS mean?
Aadhaar enabled Payment System (AePS) is an Indian payment system which allows online interoperable financial transaction at Micro ATM or Point of Sale (PoS) terminal through the Business Correspondent (BC) of any bank using the Aadhaar authentication. In order for the AEPS to work the Aadhaar number should be linked with the bank account. AEPS can be used for Aadhaar to Aadhaar fund transfer, balance inquiry, cash withdrawal, mini statement, etc.
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AEPS | Arctic Environmental Protection Strategy |
Frequently Asked Questions
What is the full form of AePS in Banking (India)?
The full form of AePS is Aadhaar enabled Payment System
What is the full form of AePS in Business?
Aadhaar enabled Payment System
What is the full form of AePS in India?
Translation
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