AEPS stands for Aadhaar Enabled Payment System, which is an Indian payment system developed by the National Payments Corporation of India (NPCI) to allow Aadhaar cardholders to perform basic banking transactions using their Aadhaar number and biometric authentication.
There are several software solutions available that facilitate AEPS transactions, allowing businesses such as banking correspondents, micro-ATM operators, and merchants to offer AEPS services to customers. These software solutions typically include features such as transaction processing, biometric authentication, account balance inquiries, fund transfers, and more.
"Nidhi Banking Software" typically refers to software solutions designed specifically for managing the operations of Nidhi companies Read More
Some popular AEPS software providers in India include Oxigen Services, Spice Money, PayNearby, Fino Payments Bank, and RapiPay, among others. These software solutions are often integrated into point-of-sale (POS) terminals, mobile apps, or web-based platforms to provide convenient access to AEPS services for both customers and service providers.
