AEPS (AADHAAR ENABLED PAYMENT SYSTEM) AEPS is a bank driven model which permits online interoperable money related exchange at PoS (Point of Sale/Micro ATM) through the Business Correspondent (BC)/Bank Mitra of any bank utilizing the Aadhaar confirmation.Step by step instructions to get it:Give KYC (Know Your Customer) data to open another recordAadhaar Number ought to be connected with bank A/cService Activation:None1-2 minutes post Aadhaar seedingWhat is required for Transaction:MicroATMKeep in mind AadhaarGive Bank namePresent self (Aadhaar holder) with Bio-measurements (Finger as well as IRIS)Helped modeExchange Cost:NIL to ClientTrader or BC may get charged or paid dependent on bank''s caution.Services Offered:Parity EnquiryMoney WithdrawalMoney DepositAadhaar to Aadhaar reserves exchangePayment Transactions (C2B, C2G Transactions)Funds Transfer limit:Banks characterize limit. No restriction for RBI.Disclaimer: The assets exchange limits depend on accessible data and may change dependent on banks.Service Available from no. of operators:118 Banks.Interoperable