New Delhi: In a move aimed at strengthening financial inclusion and digital accessibility across the country, iPaymnt Tech proudly announces the launch of its AEPS API (Aadhaar Enabled Payment System)—a secure and simplified solution enabling seamless digital transactions in rural and urban India alike.
The AEPS API allows users to carry out essential banking services with just their Aadhaar number and biometric verification. With a focus on ease of use and security, the system is designed to empower local retailers, banking correspondents, and small businesses to provide critical financial services to underserved communities.
Key Features of iPaymnt Tech’s AEPS API include:
- Cash Withdrawal – Hassle-free cash access using Aadhaar authentication.
- Balance Inquiry – Quick access to account balance.
- Mini Statement – Instant mini statement of recent transactions.
- Fund Transfers – Secure Aadhaar-linked fund transfer services.
What sets this AEPS API apart is its competitive commission structure, offering earnings of up to Rs.14.50 per transaction, making it an attractive business opportunity for service providers and agents alike.
“Our AEPS API is a step towards democratizing digital banking services, especially in rural areas where traditional banking access is limited,” said a spokesperson from iPaymnt Tech. “We believe in building technology that bridges the financial gap, and with AEPS, we’re enabling just that—secure, fast, and accessible financial services for everyone.”
The integration of AEPS is expected to boost the availability of banking services at the grassroots level, reduce dependency on physical bank branches, and support India’s growing fintech revolution.
For partnership or API integration, please contact:
Email: [email protected]
Website: ipayments.org.in
