The most comprehensive and smartest online B2B portal for
Retailers & Distributors
To unleash the power of dreams, gear-up with us, transform your agency into e-agency and
get all other profitable services under one umbrella and witness your growth journey
Aadhaar Enabled Payment System (AEPS)
My Way Genpay has launched one of the most advanced payment service of Aadhaar Enabled Payment System (AEPS). AEPS is a payment service developed by the National Payments Corporation of India (NPCI) allowing banks, financial institutions to use “Aadhaar” number and online UIDAI authentication for transactions and operate as a Micro ATM where he can do the Cash Withdrawal/Cash Deposit and Balance Enquiry by using a certified Biometric device with Thumb Impressions.
Benefits of AEPS
- Easy cash withdrwal with just thumb impressions.
- AEPS empowers an agent/retailer to become a Micro ATM.
- AePS Micro ATM can set up in just three Easy Steps
- Card less transactions
- You will earn on every transaction that you do on behalf of your consumer.
- Customers dont need to stand in long bank queues to avail banking services
- AePS Micro ATM can be set up at a very small cost with a portable device
- Removes complications of remembering the PIN and other verification codes
- Reliable Low risk system governed by NPCI
- Zero transaction cost to customer
- Increased footfall shall result in increase of your core business
- Removes physical KYC documents barrier
- Inter-operable device and can work for any bank
- Reach to remote locations
- Easy to carry, easy to setup anywhere in the remote area