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Aadhaar Enabled Payment System

Quixpay Neo AEPS revolutionizes the way you handle your financial transactions. By leveraging Aadhaar-based biometric authentication, you can access a range of banking services with unparalleled convenience and security.

  • + No Bank Visit Required
  • + Instant Withdrawals
  • + Easy Bank Statements
  • + Biometric Authentication
  • + Aadhaar-Based Transactions
  • + Convenient Access
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Services Offered

Here are the various AEPS services that the users can access:

Cash Withdrawal

Easily withdraw cash from customer account using customer Aadhaar number at Quixpay Neo Platform. Quick, secure, and convenient.

Mini Statement

Get a concise summary of customer recent transactions with our mini statement service. Access customer account activity quickly and easily using customer Aadhaar.

Balance Enquiry

Check customer account balance instantly with our AEPS balance enquiry service. Simply authenticate with customer Aadhaar for real-time balance updates.

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Process of using AEPS

    1. Open Quixpay Neo App or Portal: Launch the Quixpay Neo app or access the portal and select the AEPS service.

    2. Choose Service: Select the desired AEPS service—cash withdrawal, balance inquiry, or mini-statement.

    3. Enter Details: Input the necessary Aadhaar number and choose the required bank name.

    4. Verification: Authenticate the transaction using biometric verification for security.

    5. Complete Transaction: The transaction is processed instantly, and a confirmation receipt is provided on the spot.

AEPS Transaction Limit

  • Eligibility: Only registered retailers and authorized agents may provide AEPS services. Users must have a valid Aadhaar number linked to their bank account to conduct transactions.
  • Transaction Limits: Retailers must adhere to specified transaction limits set by banking authorities. Transactions exceeding these limits will be declined.
  • Security and Compliance: All transactions require biometric verification to ensure security. Retailers must comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations to prevent fraud.
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Frequently Asked Question's

What is AEPS in banking?

AEPS stands for Aadhaar Enabled Payment System. It's a digital payment system in India that allows you to make financial transactions using customer Aadhaar number and biometric authentication.

Who can use AEPS?

Anyone with an Aadhaar number and a bank account linked to Aadhaar can use AEPS.

What is the transaction limit for AEPS?

The transaction limit for AEPS varies depending on the bank and the type of transaction. However, the maximum withdrawal limit set by NPCI for AEPS cash withdrawal is Rs. 10,000 per transaction.

Is AEPS secure for transactions?

Yes, AEPS is considered secure as it uses biometric authentication, which ensures that only the authorized user can perform transactions. Additionally, it follows strict regulatory guidelines set by the Reserve Bank of India.

Is there a limit on the number of AEPS transactions I can perform in a day?

While there is no specific limit on the number of AEPS transactions, individual banks may impose daily transaction limits. It's best to check with your bank for their specific policies.

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