What is AEPS/Micro ATM

Aditi Upadhyay02 Nov, 2021Business

Aadhaar enabled Payment System or AEPS/Micro ATM is a safe, secure payment method provided by the NPCI that allows customers to pull out money and profit other essential financial advantages, for example, balance enquiry. The Full form of AEPS in Banking is Aadhaar enabled Payment System which is safe and secure payment method. It is based on the Unique Identification Number and allows Aadhaar card holders to seamlessly make financial transactions through Aadhaar-based authentication.