Using Quickflow Pay AePS service, a retailer or a business correspondent can provide services such as cash withdrawal, cash deposit, balance enquiry, and Aadhaar Pay. Just like mATM, AePS is primarily used for cash withdrawal wherein a customer can perform banking transactions using Aadhaar as his/her identity.
The Aadhaar Enabled Payment System (AePS) is an initiative by the National Payments Corporation of India (NPCI) to encourage cashless transactions. The AePS service uses a fingerprint or an iris scan for biometric verification, ensuring high security for each transaction.
