What is AEPS?

How does Treatpay help in AEPS?

Treatpay is a digital payment service and functions as a mini bank branch, it also provides the service of AEPS. AEPS is only activated through some banking correspondent or Micro ATM. Treatpay provides with the activation services of APES at a very nominal rate. The Charges which are demanded by the Treatpay for the activation of AEPS services is just Rs. 199.

This is the first step which is necessary for starting your Aadhar Enabled Payment System or AEPS as provided by the Treatpay Services.

How to Use AEPS?

Step 1:

Go to the website of Treatpay and ask for the AEPS service activation.

Step 2:

Provide the Treatpay team your Aadhaar Number and Bank Name.

Step 3:

Choosing the type of transaction, you want to make.

Step 4:

Providing verification through fingerprint/iris scan.

Step 5:

Collecting your receipt.

What are the Services Offered by AEPS?

• Cash Deposit.
• Payment Transactions (C2B, C2G Transactions)
• Balance Enquiry
• Cash Withdrawal
• Aadhar to Aadhar funds transfer.

Features & Benefits of AEPS

• AEPS is very easy and convenient to use.
• The payment method through AEPS is pretty safe and secure.
• AEPS is accepted across various banks.
• It is for the upliftment of the society through financial inclusion and serving the underbanked sections of society.
• Bank account holders will be able to access their bank accounts through Aadhaar Authentication by using AEPS.
• With AEPS you only need to provide your Aadhar number and biometric information for initiate a transaction.
• There are disbursements of Government schemes like NREGA, Social Security Pension, Handicapped Old Age Pension, etc. for paying through AEPS facility for any central or state government bodies using the Aadhar authentication.

The Working of AEPS

The working of AEPS is similar to that of Point of Sale (POS) machine. In place of the credit/credit cards used during the transaction through POS machine, in APES merchant will need the customer’s Aadhar number and they will then authenticate the transaction using the customer’s biometric data.

The AEPS transaction requires these things to be completed:

• Name or bank’s Issuer Identification Number.
• Aadhar Number.
• Fingerprint.

Treatpay activates the APES at a very nominal rate of Rs. 199 and APES are very simple, secure and the user-friendly platform for financial transactions. In order to use AEPS users must have their bank account linked to Aadhar.

Use Treatpay for activating Aadhaar Enabled Payment System.