AEPS
AEPS is a new payment service offered by the National Payments Corporation of India to banks, financial institutions using ‘AADHAAR’. AEPS stands for ‘AADHAAR Enabled Payment System’.
AADHAAR Enabled Payment System (AEPS) is a bank led model, which allows online financial inclusion transaction at Micro-ATM through the Business correspondent of any bank using the AADHAAR authentication. This system is designed to handle both ONUS and OFFUS requests seamlessly in an effective way by enabling authentication gateway for all AADHAAR linked account holders.
Any resident of India holding an AADHAAR number and having a bank account which is linked with the AADHAAR can avail the benefits of AEPS.
A Customer may visit a BC Customer Access Point. The BC using the Point of Sale (Micro-ATM) device will be able to process transactions like Cash Withdrawal & Balance Enquiry by selecting the transaction of their choice. The Customer needs to provide their AADHAAR Number and their bank name.
Specializations
Businesses today are facing dynamic market conditions: changing consumer behavior, new technology and more data than ever before. To keep pace, they have to be more agile and respond more quickly to change. Our team of professionals works on cutting complexity and delivering impact to the business. Solving complex challenges requires in-depth understanding as well as process expertise. Companies seeking contact center services today are looking for a cost-effective solution that delivers results
In today's data-filled, customer-centric, digital world, effective decision-making is being driven increasingly by analytics. Our professional looks micro level at client operations to understand how data and decision analytics can unlock operational efficiencies.
Establishing an effective Compliance and Ethics Program has become a necessity to protect any highly regulated organization. We have standard of conduct for every identity associated with us. Our team looks at the guidelines set by the regulatory bodies, update the compliance standard/code of conduct according to the revised guidelines and circulate and instruct the revised guideline to the Business Partners. Our team ensures that the Business Partners working with us are compliant enough to avoid any disciplinary action by the governing/regulatory body.