AEPS (Aadhaar Enabled Payment System)
Transactions through the AEPS
Requirements for AEPS
Pan Card
Mobile recharge
Bill Payment
AEPS (Aadhaar Enabled Payment System)
Transactions through the AEPS
Requirements for AEPS
A PAN card is a document that no taxpayer can do without. Besides being compulsory in order to file your Income Tax returns and to receive a tax refund, a PAN card also serves an accepted proof of identity and has now been made mandatory for a number of transactions of both a business as well as a personal nature. A comprehensive list of the various activities that require a PAN card to complete or authenticate the activity are mentioned below:

Apply for New PAN
Apply for Correction in PAN
Apply for Lost or Damaged PAN
Apply for Other than Individuals

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Aadhaar Enabled Payment System is a way to get money from the bank account without your signature or debit cards. Through the Aadhaar Enabled Payment System, customers don't even need to visit a bank branch for getting money.

AEPS provide a lot of convenience to the rural people. It would bring bank to their doorstep and save much time and transport expense. It would be just like a visit to ATM at every doorstep. That is why government calls the POS as micro-ATM.
Recently, the government has launched the BHIM Aadhaar Pay system. It has the virtues of BHIM app as well as AEPS. Using this platform, one can pay to merchant without the card or mobile. The thumb impression is used for authentication.