AEPS/Micro ATM Banking Based Services in India


Aadhaar Enabled Payment System or AEPS is a bank-led model that through which interoperable financial transactions are made possible through Business Correspondent (BC)/Bank Mitra of any bank while using Aadhaar authentication. You may build your own custom branded Banking Solution or deploy our AEPS or debit card-based MicroATM solution in your App through our SDK!

FidyPay is an AEPS Micro ATM service provider in India that enables clients to perform functions like AEPS Cash Withdrawal, Mini Statement, and Balance Enquiry from their Merchant Network. Since our AEPS is compatible with several biometric devices, you won’t need to invest much upfront.

Benefits for Our Business Clients

  • Profitable business
  • Easy conversion of your App into an APES Micro ATM
  • Aadhaar Card Based AEPS Cash Withdrawal
  • Smaller investments
  • High AEPS Commission
  • Faster Settlement

What AEPS is?

AEPS (AEPS full form: Aadhaar Enabled Payment System) is a secured method of payment offered by NPCI (National Payments Corporation of India). If your bank account is linked with Aadhaar, it allows you to avail essential banking services like AEPS Card Money Withdrawal, Balance Enquiry, and Mini Statement. You just need to input your 12-digit Aadhaar number and select bank name linked with your Aadhaar. Compatible biometric devices are used for fingerprint authorization to avail the service.

AEPS Services Offered

  • Aadhar Card Money Withdrawal
  • Balance Enquiry
  • Mini Statement

Benefits for End Customers

  • Aadhar card money withdrawal via Aadhaar authentication through FidyPay AEPS Micro ATM solution.
  • Formulated for all sections of the society, including rural communities and elderly users, giving them the advantage of reliable and fast banking service.
  • Access to any bank account holder who can simply verify their identity with their Aadhaar number and biometrics without the need to remember their account number.
  • Interoperable across different banks.
  • Ability to add multiple bank accounts.

Steps to Use AEPS (AEPS Full Form: Aadhaar Enabled Payment System)

  • Provide your 12-digit Aadhaar number and bank name.
  • Select the transaction type- balance enquiry, mini statement, or cash withdrawal.
  • Enter the transaction amount.
  • Authenticate through biometrics.

The entire transaction is completed within seconds. The bank agent will receive a transaction receipt and the customer will get a confirmation SMS from the bank.

FidyPay is an AEPS Micro ATM service provider that activates AEPS through a very simple, easy-to-use, and secure platform for money transactions and cheap AEPS Micro ATM price. To use AEPS/ MicroATM, you must link your bank account to Aadhaar. Just integrate our SDK in your App and carry out the transactions through your Merchant Network.

Got Questions?

Here is our FAQs section to help you to better understand all about our product.

Aadhaar Enabled Payment System (AEPS) is a payment model driven by banks that enables consumers to perform functions like cash withdrawal, mini statement, and balance enquiry from their merchant network or any bank following Aadhar authentication.

1. The consumer needs to input their 12-digit Aadhar number and the bank name.
2. Select the transaction that you wish to perform at the next step – balance enquiry, mini statement, or cash withdrawal.
3. Enter the transaction amount if you wish to withdraw cash.
4. Authenticate your transaction using biometrics.
5. The transaction is completed within seconds, and the user gets an SMS from their merchant bank, and a transaction receipt showing the record of the transaction performed.

Besides having a bank account from any bank, you need to have a 12-digit Aadhar number. You must link your Aadhar with your bank account to be able to perform a Micro ATM transaction through your merchant network. You need to link your Aadhar with your bank account on the bank’s website or mobile app.

AEPS is a beneficial proposition for both businesses and end customers. Businesses can benefit from AEPS to become a profitable business, can get an easy app conversion into an AEPS Micro ATM, can offer AEPS-based cash withdrawals to their customers and expand their payment offer, and receive a faster settlement, and higher commission on each transaction.

AEPS offer easy cash withdrawal for customers from all walks of society and geography, especially for the elderly who aren’t well versed with the net banking system. It benefits them by offering a fast, reliable, and easy-to-use payment withdrawal system wherein they just need to furnish their Aadhar details to take out cash. This is an interoperable modal across different banks and offers users the feature to add multiple bank accounts seeding a single Aadhar number.