insta banking
What is AEPS?
Aadhaar Enabled Payment Service or AEPS, is an Aadhaar based payment solution which empowers bank users to carry out financial transactions (without any debit card/credit card/ cheque book) using only their Aadhaar card, registered with their
bank account, and biometric authentication. AEPS agents and distributors can
provide basic banking services to their customers such as cash withdrawal, balance inquiry and obtaining a mini statement. It is an initiative by NPCI (National Payments
Corporation of India) to support unbanked and underbanked sections of India.
At Insta Transfer, we not only add the AEPS Agent or AEPS Distributor to our
network, but also take steps to guide them in earning more. Anyone can join our
network with a simple AEPS Agent registration form that needs to be filled.
How does it work?
Once the AEPS Agent registration is done, your Insta Transfer AEPS Agent login id will be generated. The process of AEPS is very simple.
The AEPS Agent connects and installs a biometric device to their computer or
Agent inputs the Customer Aadhaar number and the bank name.
Agent selects the transaction type: Cash withdrawal or Balance Inquiry.
The customer then inputs their thumb print (same as per Aadhaar) to authenticate the transaction.
The customer’s account is debited and merchant’s Insta Transfer wallet account is credited real time along with additional commission amount.
The AEPS Agent then receives a transaction receipt and customer receives an SMS confirmation from bank.
Top Features
Safe & Secure system
Real Time Transaction Settlement along with commission
Easily withdraw money, avoid long queues at the bank or ATM.
Quick process, doesn't take more than a minute to complete a transaction.
No need to carry a Debit or Credit card, Only the Aadhaar number and fingerprint authentication required.
Benefits to AEPS Agent
Minimum Investment with Maximum Return.
Earn Attractive Commission per transaction.
Full utilisation of cash in hand.
Quick process, takes less than a minute to complete the transaction.
Increase in customer base due to additional service provided.
Only requirements to set up business, are a Smart phone or Computer (as per ease and availability) & Biometric Device.
Activation Process
Any new or existing business partner can do AEPS portal registration with a simple
documentation process. All you need to do is to submit your PAN Card and Aadhar
Card and fill the Aadhar Enable Payment System registration form. Earn a handsome
income on every transaction!
Things required to start AEPS Business?
Smart Phone or Computer with an active internet connection
Biometric Device
Download Insta Transfer application from Google play-store
Signup and create your account. In 48 hours you can start your own business and increase your income
