The growing digital economy of India has made Aadhaar Enabled Payment System (AePS) important for retailers and startups, who want to provide convenient, quick and safe payment services to customers from their shop. AePS allows registered e-governance agents to handle banking transactions, such as fund transfers, cash deposits and cash withdrawals directly using their Aadhaar details and biometric authentication. This helps in improving the trust of the customer and regularises financial transactions.
However, for those aspiring to work as an accredited AePS agent, choosing the right AePS service provider is an important task to ensure swift digital transactions, minimum failures, low downtime and stable customer support. Among the top AePS service providers, Religare Digital stands out in the market for its years of reliable service, advanced technology, robust and easy-to-use platform, good commission payouts, leading bank’s support and easy onboarding, making it a great choice for small businesses / shopkeepers.
The Religare Digital advantage for agents
By offering AePS from their shops, retailers working with Religare Digital get benefits of making connections in their community, constant customer footfall and new revenue stream through commissions. Using the Income Calculator on Religare’s website, agents can get a fair idea of their monthly income potential from AePS transactions.
Thus, Religare Digital Aadhaar Enabled Payment System services provide several benefits to its agents, such as regular earnings and ease of use as customers only need to show their Aadhaar number and biometric authentication, reducing the need to visit banks or cards or PINs. Additionally, the AePS services facilitate the direct disbursement of government benefits in bank accounts.
Opening an AePS service center requires substantially low investment, as compared to a bank branch or ATM. Besides AePS services, you also get a competitive edge as a religare agent to join as many as 25 more services to your customers.
Trusted partner for AePS service in rural areas
AEPS has emerged as a game-changer for the rural areas, as it has opened up the access to banking services for millions of Indians. They can easily visit the AePS agent in their area and can have an easy banking experience.
The basic bank services can be accessed seamlessly in real-time with instant transactions, with zero downtime in the presence of trained and experienced agents.
Religare Digital agents follow all the norms of online banking and work to keep the sensitive details of their customers safe and secure. They also help their customers routinely check their transaction history and make sure that the bank details are accurate.
Wrapping up
As Aadhaar Enabled Payment System or AePS services provider, Religare Digital offers its agents a way to set up a hassle-free, straightforward and completely online business. They perform basic banking services, such as fund transfer, cash withdrawals, cash deposit, balance inquiries and access to mini statements using only the Aadhaar details and biometric authentication.
This service helps the agents set up a regular income stream and expand their customer base consistently.
